Six rules can help you avoid Sod’s Law

In The Australian today, Peter Switzer writes a good article that extracts fundamental lessons for us all from the recent loss of $100 million by Sydney lawyer, Chris Murphy. Read the full article here.

When seeking investment information it is easy to be attracted to the neon lights and fanciful claims of certain investments. But it is essential to look past the glamour and understand the core of what is going on.

Is it a wolf in sheep’s clothing? Or a beautiful swan within an ugly duckling?

If in doubt, return to the fundamentals and stick to what you understand. Complexity does NOT equal value. Simple is often the best. 

Author: Matt Hern

Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia's Top 50 Financial Planners by The Australian Financial Review Smart Investor. He is passionate about guiding you on the right financial choices to achieve what you really want. Matt Hern is an Authorised Representative of Charter Financial Planning Limited AFSL 234665. All information is general advice only.