In praise of patience and fortitude

Patience and fortitude conquer all things” ( Ralph Waldo Emerson)

It’s not mentioned often enough in the financial media that many of the keys to success as a long-term investor derive from qualities that are distinctly out of tune with the times. These include patience, discipline and crucially, delayed gratification — a readiness to prioritise distant rewards over instant ones. 

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Investing essentials: The different asset classes

Think of investing, and people tend to think of shares. But there’s a whole range of different asset classes that you can invest your money in. Indeed, there are several different categories of shares. In the first in an occasional series exploring the basics of investing, we’re going to take a look at the main options open to you.

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Don’t just focus on money when planning for retirement

There are few prospects more frightening than running out of money in later life. That’s why it’s so important to start investing early, to put enough money away, diversify your investments, control your costs and manage your behaviour.

But it’s a grave mistake to think that investing for retirement is all about money….

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