Investing works. Even for those who get it wrong.Â
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X Investing works. Even for those who get it wrong. Here’s the proof. Most people are so worried about getting their investing wrong that they keep putting it off. And that is the biggest mistake of all. The team at Schwab did this analysis for 5 hypothetical investors. […]
The smoking paradox and personal financesÂ
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X The smoking paradox and personal finances Smoking. Everyone knows it is bad for them. Yet many struggle to give it up, putting it off for later. Personal finance gets stuck in a similar situation. Everyone knows creating these plans is crucial for their long term wellbeing, yet […]
The 8th Wonder of the World
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X The 8th Wonder of the World … and how it may be the most important for YOU. Compounding. Albert Einstein called it the 8th wonder of the world. And for good reason. It is the bedrock of all investing, and the reason why time becomes the most […]
Life LegacyÂ
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X Life Legacy Legacy. A heavy word. Almost every financial services advert uses it. And, almost always, it refers to the money you leave behind. While leaving a large inheritance might seem like the ultimate gift, a legacy of financial wisdom and healthy living may be far more […]
Am I too late? Have I missed the financial planning window?Â
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X Am I too late? Have I missed the financial planning window? Over the last decade I have heard this question far too many times, as people confront the reality of their personal finance. Their savings have been running on auto-pilot, with no clear strategy. Now in their […]
Musk, Abundance and Retirement Planning
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X Musk, Abundance and Retirement Planning Elon Musk is wrong about personal finance. But I so want him to be right. Musk recently suggested that in twenty years, AI will usher in a ‘tech utopia’ so profound that saving for retirement will be a relic of the past. […]
The ‘Sleep Well at Night’ Wealth Plan
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X The ‘Sleep Well at Night’ Wealth Plan I often get asked about how I would describe a plan that would let me sleep well at night. Is it possible? I would say…YES. A personal financial plan isn’t a physics or a math problem. Precise inputs, with complex […]
Wanting. Knowing. Doing.Â
About Cliff COMPASS Blogs EVENTS RESOURCES Contact X Wanting. Knowing. Doing. When it comes to personal financial planning, there is often a big gap between ‘wanting’ and ‘knowing.’ And an even bigger gap between ‘knowing’ and ‘DOING.’ This is because financial planning is often treated like a physics problem rather than a psychology issue. The […]