Have you lost your confidence in your investment capabilities because of a recent investment loss? Why does that fear after a loss cause you sleepless nights and possibly to forego new opportunities and lose sight of your long-term goals? This video, from Franklin Templeton Investments, which explains the concept of “loss aversion” might help you.
As an SMSF Coach to Trustees of Self Managed Superannuation Funds and anyone who manages a portfolio of investments I help people focus on the big picture and put both the wins and the losses in to the proper perspective. I truly believe that if you understand your investments clearly and also understand the market dynamics and movements that resulted in a share, property or managed fund having done so well or so poorly then you are less likely to have a knee-jerk reaction and to make a better informed decision on your next move.
Are you looking for an advisor that will keep you up to date and provide guidance and tips like in this blog? then why now contact me at our Castle Hill or Windsor office in Northwest Sydney to arrange a one on one consultation. Just click the Schedule Now button up on the left to find the appointment options.
Liam Shorte B.Bus SSA™ AFP
SMSF Specialist Advisor™ & Financial Planner
Tel: 02 8853 6833, Mobile: 0413 936 299
liam@verante.com.au
PO Box 6002 BHBC, Baulkham Hills NSW 2153
Liam Shorte is a partner in VERANTE Financial Planning, Corporate Authorised Representative of Genesys Wealth Advisers Limited, Licence No 232686, Genesys Wealth Advisers Limited ABN 20 060 778 216 • AFSL No.232686
Important information :
The information in this article is provided for illustrative purposes only and does not take into consideration your personal circumstances. You are encouraged to seek financial advice suitable to your circumstances to avoid a decision that is not appropriate. Any reference to your actual circumstances is coincidental. Genesys and its representatives receive fees and brokerage from the provision of financial advice or placement of financial products.
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