The Purposeful Wealth Podcast

As systematic investors, we seek to continually challenge the process in order to maintain a solution which we feel gives us the best ability to meet our lifestyle and financial goals. We understand that trying to predict the time and direction of market movements over shorter time periods is a fool’s pursuit. Any change in portfolio structure or investment approach, therefore, m

Readers of the Sunday papers’ financial pages will be familiar with the dividend chasing stories that pundits and some fund managers love to peddle.These generally focus on high dividend paying shares or ‘income’ funds that focus on these shares.The thought that one can take an income from a portfolio without the need to sell shares can feel appealing to some. But dig a littl

For many investors a propensity to place too much weight on recent events in terms of what the future may look like is quite common. This is known a ‘recency bias’ and it is this, we regards as the scourge of investors.Charles Schwab, a major US broker, sponsored some research on its own client base to identify which behavioural biases predominate in their clients and recency b

Isn't it true that modern society loves a ‘star rating’?Most of us know what to expect if we book a 5-star hotel stay for a business trip when compared to a 3-star bed-and-breakfast for a weekend away.The investment field is no different, with many institutions offering their own spin on star ratings and how to calculate them.However, unlike the hotel industry, I would sug

Are Balanced Portfolios dead?Legend has it that in 1895 whilst in London, Mark Twain, who had been feeling a little poorly, on discovering that a journalist had written his obituary, quipped the following:‘The reports of my death are greatly exaggerated’.In the past few years, obituaries for a traditional ‘balanced’ portfolio of, say, 60% equity, 40% bonds have been written

In today's episode, we're going to consider the subject being a formula for success. But before we look at, that, thank you again to all of our listeners who tune into the Purposeful Wealth podcast. I've made apologies before that the recordings haven't been maybe as frequent as we would have liked, and the library hasn't been updated. That's just larg

Welcome to The Purposeful Wealth Podcast and this episode on how a systematic approach to investing provides the best chance of experiencing a successful investing journey - 'Don’t just take our word for it!'Sticking to some key guiding principles – which are grounded in evidence and logic – gives investors a solid foundation on which to build a sensible investment

So, today's topic on looking at home bias and global diversification. I think it's fair to say that every day we enjoy the benefits of an interconnected world. We may well start our day with, a cup of coffee that originated in South America. We check our email on our smartphone, which has been designed in California and manufactured in Taiwan, and then we dress and clothe

Unfortunately we now live in a world of fake news and ‘alternative facts’ where parties shamelessly push their own agenda and narrative at the cost of salient facts.In order to be heard in the noise of social media, research headlines need to be bigger and more eye-catching.For those investors using an evidence-based approach that means it is important to make sure that any evi

The saying, “The market hates uncertainty” has been a common enough in recent years, but how logical is it?There are certainly many different aspects to uncertainty, some that can be measured and some that cannot.Uncertainty is quite simply an unchangeable condition of our existence.As individuals, we can feel more or less uncertain, but that is a distinctly human phenomenon.Ra