Archive for: January 2009

January 29, 2009

Set out to be more self reliant

The more responsibility you take for your own financial plans and management, the better the chances for success. Complete outsourcing can be expensive and risky, while devoting personal time, attention and effort to it will most likely bring great rewards. …

FacebookTwitterGoogle+Share

Allocate assets and products, and more kinds of them, wisely

Closely related to broad and creative goal-setting and synchronous balancing of many factors is giving robustness and resilience to your plans by involving more asset and product classes. It makes sense to step even further, beyond financial assets, and think …

FacebookTwitterGoogle+Share

Learn lessons of the past, and from long term running of numbers

It became obvious recently that relying on the lessons of recent history only can gravely mislead us. Real life examples and review of both historic and long-term made-up scenarios can help in finding best personally viable asset-allocation strategies, and protect …

FacebookTwitterGoogle+Share

Creative play with widely different planning scenarios

One of the trappings of planning is that memories of the past, especially the most recent ones, constrain our ability to even consider potential futures significantly different from what we already know; it’s very beneficial to fight this tendency. Related …

FacebookTwitterGoogle+Share

Four useful avenues

Filed under: planning,risks,thinking,uncertainty - 29 Jan 2009

Before forking into four more or less separate branches of my recommendations, in this section you can read and watch some thoughts about dealing with the future in general, the roles and limits of forecasts, and dealing with risks and …

FacebookTwitterGoogle+Share

A few straight talking pundits

This section is mainly a collection of video clips and other documents with a few connecting comments. These ‘gurus’ differ from the mainstream, and are recommended as sources to heed to. Some of the documents are embedded in this page; …

FacebookTwitterGoogle+Share

Why listen to me? … take it as chest thumping if you want

Selection of a few excerpts from newsletters during the last decade are meant to illustrate the benefits of the broad-based, holistic, systemic approach. It’s also a demonstration of the falsity of claims that the current crisis was unpredictable.

FacebookTwitterGoogle+Share

Some silver lining is still there. Ideas on what to do now.

While despair and other negative reactions to the ongoing financial and economic crisis are understandable, one can also see it as an opportunity or perhaps even a potential savior. Collectively, we were steamrolling ahead on an unsustainable path, with seemingly …

FacebookTwitterGoogle+Share
Based on 3Column SEO WordPress Theme by EasyWebTutorials.com ::: Powered by WordPress