Insights

This will be particularly interesting for those advisory clients who are using our discretionary fund management (DFM) service, or those who are contemplating doing so.  At a high level we often talk about the need for any successful investment strategy to be split between your attack and defence – this blog is about the defence.  Though written for DIY investors using FundExpert, this defence is at the heart of our DFM portfolios.“Stop Using Stop-Loss Orders…They Don’t Work!” is a headline we came across this week from Fisher Investments (the original article is actually from 2019 but we have clearly been too slow to react!).

Queen Elizabeth holds different memories for different people, her light-hearted involvement in the 2012 Olympics with the corgis and James Bond was delightful, and with her Dublin visit in 2011, her diplomatic skills and charm triggered a great leap in British and Irish relations, as she spoke about the historical complexities with great dignity.

As we say at the end, you must avoid falling victim to our craving for certainty, and being seduced by well-constructed stories, confidently told by experts.

Trust is at the heart of everything we do, but not all apparent experts can be trusted.

At a high level we often talk about the need for any successful investment strategy to be split between your attack and defence.  This blog is about why you need such a defence – it is not to deal with run-of-the-mill falls, but ones potentially catastrophic for your life plans.  Though written for DIY investors using FundExpert, such a defence is at the heart of our DFM portfolios.”

In particular we are concerned with dangerous myths which permeate our industry – believing these could destroy your hard-earned wealth in the years ahead.