As individuals, we usually have a bias towards ‘now’. But at this time of year that bias changes in an important way and it’s to do with our length of focus. Our natural bias is to focus on the ‘short term’. 

Consolidating all of your investments together in one place can make life simpler and eas

“Cash is like oxygen – you want to be sure it’s around, but you don’t need to have excessive amounts of it around” – Warren Buffet.

So how much cash should we hold?

With the summer holidays upon us, for some, there is time for reflection and relaxation.

Are your savings and investments prepared for the reduced allowances?

Are you missing out on pension tax breaks?

Is there any cheer against the doom and gloom?

Something is behaving differently at this time of year

As individuals, we usually have a bias towards ‘now’. But at this time of year that bias changes in an important way and is to do with our length of focus. Our natural bias is to focus on the ‘short term’.

Presents, cards, meals, hugs are all forms of giving thanks to others, and this time of year is of course particularly special. It’s also a time to give thanks for what we personally have achieved (not just materialistic items). Have you thought about the science behind giving thanks – gratitude?

Yes, I know, it is budget time again. Yippee! The older I get, the more I notice that my friends and I seem to take more notice of the full range of topics covered in the Chancellor’s announcements ( not just the price of alcohol, petrol and diesel, but  of course now electricity and gas is front and centre!).

The images used in retirement marketing often show deck chairs on sunset beaches, golf courses and cruises. It is often portrayed as ‘the longest holiday of your life.’ However, behavioural research continues to challenge that reality:

Are you missing out on pension tax breaks?