Co-founder IMFG / I love spending my time @ the intersection of 'Money' & 'Life' / lnterested in how you fulfil your financial potential & live your best life.
Warren Buffett: "If you can detach yourself — temperamentally — from the crowd, you'll get very rich. You don't have to be very bright, [either]."
"It doesn't take brains. It takes temperament."
Last week, pessimism surged at the fastest pace since November 2022.
When fear spikes like this in bull markets:
😱 1-month, 3-month and 6-month forward returns have been better than avg
😱 90% of the time, the bull market has continued for at least a year afterward
In the Harvard Grant Study, the world’s longest running and most comprehensive psychological study, the five most mature, healthy defense mechanisms associated with higher life satisfaction were:
1. Altruism: focusing on others’ wellbeing
2. Humor: making light of difficult or stressful events or experiences
3. Sublimation: turning anger or frustration into productive energy
4. Anticipation: maintaining a realistic view of the future and its difficulties
5. Suppression: consciously suppressing unproductive and distressing thoughts
https://t.co/Q3Rp7pwl3j
The hallmark of an open mind is refusing to let your ideas become your identity.
If you define yourself by your opinions, questioning them is a threat to your integrity.
If you see yourself as a curious person or a lifelong learner, changing your mind is a moment of growth.
High inflation, whilst tough for many, will come and go. 'Lifestyle creep' can last a life time. Interviewed in the @FinancialReview, check out these tips to beat it (from me & a bunch of other money experts)👉 https://t.co/QDv9fg3UiF
In the weeks following a pay rise, there’s a short (but science-backed) opportunity to really get your finances on track, say the experts. https://t.co/qD7uk3zF3k
OPINION: The big mistakes of retirement planning aren’t what you think. Angus Dockrill from IMFG, gives his top tips on retiring happy and comfortable.
https://t.co/TZcum5vd4C
#retirement#wealthgeneration#retirementplanning
OPINION: The big mistakes of retirement planning aren’t what you think. Angus Dockrill from IMFG, gives his top tips on retiring happy and comfortable.
https://t.co/TZcum5vd4C
#retirement#wealthgeneration#retirementplanning