Investing is one of the most important things you can do to secure your financial future. Tony shares the10 principles that should be applied when choosing and managing your investments.
KEY TAKEAWAYS
- Set investment goals.
- Plan on living a long time and saving more for it.
- Cash is rarely king, inflation can erode your purchasing power.
- Start early and reinvest investment income.
- Be realistic about your objectives and what you can achieve when it comes to choosing risk.
- Market volatility is normal.
- Timing the market is difficult. Stay long term.
- Diversify your investments.
- Review your portfolio regularly.
- If it seems too good to be true, it usually will be.
BEST MOMENTS
‘You have the peace of mind in knowing that you have everything you need to do to invest with confidence.’
‘The higher the potential return the higher the risk involved.’
‘Promises of high returns with little or no risk are always too good to be true.’
VALUABLE RESOURCES
Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth
Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth
ABOUT THE HOST
Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.
“Live For Today, Invest For Tomorrow”
CONTACT
Tony’s official website: https://ttwealth.co.uk/
Facebook: https://www.facebook.com/TonyThomas.IFA/
LinkedIn: https://www.linkedin.com/in/tonythomas2/
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