It all kicked off when the other day we were enjoying time with friends who had come to stay with us for a couple of days. As always happens with my friends now, the conversation turned to money – how much we’d like to have, what we’d do with it and how to invest.
When you are trying to make good decisions about money – it is so tempting to just focus on the numbers and ignore everything else – right? Wrong. If that were the case, we could let our calculators make the decisions for us.
When clients come to me for negotiation skills coaching, many struggle to separate negotiation from ideas of fighting, argument and conflict. The core of this is that many people – especially women – see negotiations as risky situations threatening their relationships. When you need to negotiate with your partner or employer – you may worry that asking for more could undermine your relationship.
You should know something about crypto. Don’t just dive in an throw your money at it. Understand the basics of how it works and what it’s currently used for – and then make your decisions.
We’ve done a lot of thinking so far about making investment decisions, so let me warn you about some things to AVOID. Analysis paralysis: you can always gather more information and built another spreadsheet. At some point you have to stop thinking and make a bloody decision! (How many times have I wished to yell…
There are eight key matters to think about when considering any investment. These form the investment framework. 1) Why do I want to invest; or What’s the point of making this investment? – To generate a secondary income; – To make a capital gain or to save some money; – To offset or otherwise manage…
Answering the question ‘What should I invest in?’ can be as complicated or as straightforward as you want it to be. Because of this ambiguity, the wealth of information (pardon the pun) and competing opinions on where you should put your money can be hard to sift through