Carl Widger

MD of Metis Ireland Financial Planning Ltd T/A Metis Ireland is regulated by the Central Bank of Ireland which our compliance people say must go here.

[Carl Widger @CarlWidger]

50/50 Half Century Chronicle.
Love is the greatest motivator ❤️

[Barry Murphy @BarryMurphyHG]

Missing my friend today. It helps to have so many incredible memories to help you laugh and cry but most importantly to cherish. Love you Ax.

[Carl Widger @CarlWidger]

https://t.co/dZhfW28BT7

[Carl Widger @CarlWidger]

Another morning at @PatKennyNT chatting pensions, inheritance tax and more.

Link to listen back in comments.

[Carl Widger @CarlWidger]

Down to final 4 lessons of the half century chronicles!

There’ll be eye rolling amongst the @MetisIreland team …

#47 The main thing, is to keep the main thing, the main thing!
#48 Let’s go!

[Carl Widger @CarlWidger]

💡 Half Century Chronicles 4️⃣5️⃣ & 4️⃣6️⃣

🤔 “You’ll be more disappointed about the things you didn’t do in your life than the things that you did do” Mark Twain

🤓 Attention is the most generous gift you can give somebody.

[Treaty United FC @TreatyUnitedFC]

𝗣𝗹𝗮𝘆𝗲𝗿 𝗦𝗽𝗼𝗻𝘀𝗼𝗿𝘀𝗵𝗶𝗽 🤝

Treaty United would like to thank @MetisIreland for their sponsorship of WU17 goalkeeper Chloe Widger 👏

For more info on sponsorship contact [email protected]

[Meb Faber @MebFaber]

Investing quote of the day:

[Carl Widger @CarlWidger]

*Half Century Chronicles*

I continue my walk …. You’ll have to turn up the volume for the first one!

#43 Comparison is the thief of joy
#44 Your kids will be the only ones to remember you worked late

[Carl Widger @CarlWidger]

@Stemol25 @CastletroyGC Thrilled for Johnny. A man who always has a word of encouragement for every golfer. 🏌️‍♂️

[Carl Widger @CarlWidger]

Down to the final 11 lessons of the half century chronicles.

Join me as I trek outdoors in the beautiful Clare Glens.
#39 Time in nature is time well spent
#40 The harder you work, the luckier you will get
#41 Make your comfort zone out of bounds
#42 Shoot your shot

[Carl Widger @CarlWidger]

Great ad and all credit to @SkyIreland for supporting both senior teams. ⚽️

[Sky Ireland @SkyIreland]

As proud partner and supporter of both our Men’s and Women’s National Teams, we’re thrilled to unveil our brand-new campaign, Bound By Belief 🇮🇪.

Bound By Belief unites players, fans, and the entire nation to stand up and get behind our national teams 💪⚽️. Because when you play Ireland, you play all of us ☘️🇮🇪.

#BoundByBelief

[Carl Widger @CarlWidger]

3️⃣ before we head outdoors for the final 12 lessons, here’s a new batch of half century chronicles

#36 You only report to yourself
#37 Action leads to motivation
#38 Baz Luhrman: Everybody’s free to wear sunscreen 🎵

[Metis Ireland @MetisIreland]

Listen back to Carl Widger on @PatKennyNT this morning.
They cover the rise of investment fraud. Remember if it looks too good to be true….its probably too good to be true. Hear the expected changes in Budget 24/25 and steps you can take right now.
https://t.co/jQrNZxvce4

[Carl Widger @CarlWidger]

3️⃣ more half century chronicles lessons today! 💡

#33 abnormal stress v normal stress
#34 do not avoid hard conversations
#35 money buys you freedom

[Carl Widger @CarlWidger]

A first this morning chatting to @PatKennyNT about investment fraud and the upcoming budget.

https://t.co/bStRvhVzUc

[Daniel Crosby @danielcrosby]

The Dangers of Timing the Market

The appeal of perfectly timing the market is undeniable. As Quartz highlighted in their 2013 article, “A trader who began the year with $1,000 in her brokerage account and put all of her money in each day’s best-performing equity in the S&P 500—day after day—for the 241 trading days so far this year would have $264 billion in her account today.”

We know such precision is unworkable, but even taking a broader approach to timing huge dips and vertical leaps looks tempting on paper. However, it's nearly impossible in practice.

Unsystematic market timing is a fool’s errand, and research supports this. A study of over 200 market-timing newsletters found that their timing calls were right just south of one-quarter of the time. Similarly, a study by two Duke professors found that following only the best 10% of market-timing newsletters could earn a 12.6% annualized return from 1991 to 1995. However, simply buying the index would have yielded 16.4% annualized over the same period.

Even the best market-timers underperformed the “lazy investor.” Professor H. Negat Seybun found that 95% of large market gains over a 30-year timeframe came from just 90 of the 7500 trading days studied. Missing just over 1% of these days due to mistimed market exits would result in negligible returns over that period.

Even following sensible rules is ineffective, as evidenced by the blog 538. They analyzed returns from 1980 to 2015 and found that an investor who buys once and never sells would end up with significantly more than an investor who sells when the market drops 5% in a week and buys back after a 3% rebound. The former holdings would be worth $18,635, while the latter would be just $10,613. The market has rebounded after every decline, often quickly, and missing these rebounds means missing the biggest gains.

An old investing adage says, “time in the market is more important than timing the market,” and this seems true. Burton Malkiel notes that the market has risen more than three times as much as it has fallen, meaning the odds of success are against you if you're out of the market.

Peter Lynch's study of the 30-year period from 1965 to 1995 found minimal impact from timing for long-term investors. Investing at the lowest or highest points each year yielded nearly the same annualized returns. Thus, the lesson is clear: stay invested, and don't try to time the market.

Excerpted from The Laws of Wealth -
https://t.co/kkEUWkBsJm

[Metis Ireland @MetisIreland]

Tune in Monday 26th to Pat Kenny on @NewstalkFM where Managing Director Carl Widger will be discussing the important topic of investment fraud and what we can expect to see in the upcoming budget.
Tune in from 9.20am
#newstalk #patkenny #investment #budget2025

[Carl Widger @CarlWidger]

3️⃣ more half century chronicles lessons today! 💡

🥸 #30 You are (probably) not an inventor
🥵 #31 From the most painful lessons, great things emerge (always darkest before the dawn)
🌟 #32 Shoot for the Stars ✨

[Carl Widger @CarlWidger]

Buried late on a Friday! Customer lethargy meaning they will continue to increase prices. Mad when you consider this …. “Profits at Laya Healthcare soar to €36.55m” https://t.co/lk7V4rK98C

[RTÉ News @rtenews]

Laya Healthcare is set to hike its premiums by an average of 6.5% for its 700,000 customers from the start of October. It follows a 7% price increase earlier this year https://t.co/4yDea5FYZc