Anyone for tennis..or golf…
Wednesday 19 August 2009
Any golfer will have heard of the expression, "keep your head still". I have heard it when playing (too many times!). I also attempt to go through a pre-shot routine, part of which is trying to keep my head still through the shot.
As a keen tennis player, I watched some slow motion videos of Roger Federer whilst listening to the analysis. Roger keeps his head still whilst hitting through the shot, similar to golf.
I asked the question to various friends, why do you keep your head still? There was no common answer. Yet in the commentary, the reason given was that as the head is the heaviest part of the body, its momentum will cause the body to move out of balance.
Eureka! It was a statement that made the saying very clear to me. Listening to the same old story year in year out has been given new meaning. Seeing the problem from a different perspective helps me understand its importance and significance.
The key word here is perspective.
In the world of finance, sometimes individuals miss out on a new perspective. Part of our role is helping people see things from a different perspective.
When your adviser or stockbroker or banker…whoever helps you with your money, talks to you about your money, the chances are they have a product in mind to sell to you. They are not blatant about it, but in many cases its how the adviser/salesperson gets paid. This means their perspective is somewhat different from someone who is not selling a product…in other words, you benefit from advice not the sale of a product. In such circumstances the perspective is different.
Without doubt when investors do start to ask questions to a fee-only adviser, the new perspective can also give your money a new lease of life. A Eureka moment.
Thank you Roger. Love to have you as a client..alas! Does anyone have his phone number?
posted by Murray Round Wealth Management @ 13:55,
The Authors
Nicholas Round
Nic is the Managing Director of Murray Round Wealth Management Limited, who seeks to ensure the advice provided is truly independent. Based in Shropshire with clients local, national and worldwide, Nic has strived to find the best possible service for his clients needs, by researching and studying the market, trends and philosophies. Nic strongly believes Asset Class Management will bring his clients Financial Freedom, Independence and Happiness.
Kirsty
Kirsty is our communication guru. Managing information requires considerable due diligence and her passion for organisation gives the clarity we all seek. From Shropshire, with a Psychology Degree and much travelling, she is now back in Shrewsbury...and London often, keeping us all at Murray Round focused.
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