Getting rich isn’t as hard as it sounds. Years of consistent, calculated investing are almost guaranteed to fill up your coffers. For many, the trickier challenge is maintaining their wealth.

Luckily, it’s not rocket science – all it takes is self-discipline and the ability to see the big picture.

Here are the eight mistakes our most successful clients just don’t seem to make. Read on to find out how to incorporate the same kind of thinking into your investment strategy.

We spend our working lives making sure that we save enough for our retirement. But if we’re unlucky enough to retire just before a market crash, this can throw our planning into disarray.

That is because a big drop in our retirement capital in the first few years of retirement will have a lasting impact. In investment terms, this is called “sequence of return risk” – the risk that bad returns at the wrong time can be especially painful.

In this article, we look at why this risk is so important to understand, and what you might be able to do about it.

The biggest obstacle to growing your wealth has nothing to do with the stock market – it has to do with you. More specifically, the choices you make about your lifestyle and your saving habits. 

Achieving financial freedom is a personal journey that involves lots of little behavioural changes over time. This newsletter will look at concepts like loss aversion and lifestyle creep.

Very importantly it will look at how to manage your salary increase (or lack thereof) against a backdrop of ever-increasing inflation rates.

These small changes can make all the difference in the long run.

Most people will be aware of the benefit of taking out life insurance for themselves. If you pass away unexpectedly, you want to be sure that your loved ones will at least have some financial security.

However, it is less well known that you can take out a policy on someone else’s life. In other words, if they were to pass away, you would be paid out.

So, what are the circumstances in which this can be done? And why would you do it? Read on to find out.