Advanced Investing

We repeat: Simple Investing will do. But Advanced Investing will reward you if you have the aptitude, or can get help from someone else who has.

Basics

Nothing alters the basics of investment, as laid out in Simple Investing:

• Return
• Risk
• Personal preferences on the balance of risk and return
• Asset allocation to turn these personal preferences into investment choices
• Diversifying
• Minimising costs
• Using your tax reliefs

Advanced Investing

We have laid out a set of lessons in a suggested sequence. But each lesson stands alone. Choose your own order if you like. Do some lessons and not others if you like.

Risk, How Much Risk?, and Risk Premiums take you deeper into the risk conundrum.

Real Returns explains how you should always strip the effect of inflation out of your measurement of returns.

How Much Return? starts to put some hard numbers on what you might expect to make from different types of investment.

More Diversification starts to explain why some diversification is good, some is even better and some achieves very little.

Asset Allocation examines whether you can do better than the 'Cash or Shares' of Simple Investing.

Biological Biases explains the many tricks that the human mind can play to prevent you achieving what you want from your investing.

Assets or Products? summarises the pros and cons of investing directly in assets as against using financial products.

Equities: How? explains the practical steps of investing in equities.

More Advanced sends you on your way.