How good is the food you eat…
Tuesday, 1 September 2009
I have been interviewing to replace my PA/client service administrator as she is getting married and then off travelling for a year…(perhaps she has it right not me!).
One of the prospective candidates had previous experience as a part-time waitress.
In the discussion we agreed that most people do not complain unless the food or service is really bad to make a difference. Most of the time, most accept that the food or service is sometimes exceptional, but most of the time, its average.
In the investment world, most people don’t really want average, understandably, you want the best returns, in fact it’s natural to think that way.
Yet, here’s the bad news. Many investors do not even get the average return in the market. In fact, it’s often less than average. But if you think it’s above average, you will take no action to change how you invest.
Unlike food, where you compare the tastes, you can make judgments about what is good food and exceptionally good food. Your money is different. You may only find out you have less than you expected at retirement, then it could be too late to make a change.
It is therefore so important to review our investments. We can give your investments a Michelin Star or not as the case maybe.
posted by Murray Round Wealth Management @ 16:48,
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.
Welcome to our Blog
Our Blog focuses on the three Ts...truth, transparency and trust. The world of investment management is fraught with self interested parties keen to sell investment products but wrapped up as 'advice'. Only with totally transparency, can investors make informed and successful decisions. We have included various categories for simpler navigation, alternatively search our Blog using key words you think are relevant. We hope you find something of interest to you.
Contact Us
We welcome your enquiry to us. Simply click on Contact Us' link at the top of the page. You may also email us at service@murrayround.co.uk or telephone 01743 248108.
Visit us again!
