10 Financial Commandments

1: The stock market rewards the patient and punishes the rest.

2: Rising prices (inflation) can be your best friend or worst enemy.

3: Long term returns come from investing in the great companies (Equities) of the world.

4: All savings need to be automatic or it won’t happen.

5: Having and updating your Financial Plan is paramount. Having a portfolio is not a plan and outperformance is not a goal.

6: The media do not have your financial futures in mind.

7: Disciplined behaviour will ensure your financial success.

8: There will always be negative news to report. Learn to ignore it. What bearing will today’s crisis have on your 30 year retirement plan.

9: Tax is likely to be your biggest expense, learn to control its impact.

10: Never forget commandment one.