Investments are the easy stuff. Although there is a lot of skill involved in good portfolio construction. As regulations change constantly and present us with ever more disorientating and bewildering arrays of product offerings available to clients; Sunel believes that the most value she can add is by helping clients focus on what they can control. Helping clients navigate sometimes painful life choices, which can ultimately affects their portfolios.
The masterful conducting of a beautiful symphony can be likened to the process of holistic financial planning. A good conductor and composer must know enough about music and individual instruments to produce a symphony. Much like a successful financial planner who needs to have the ability to look at client’s affairs holistically, while considering all the distinct aspects of financial planning, which requires complex problem solving skills and a working knowledge of many different financial fields.
Many push attending to important issues and relationships, such as family, friendships and health, to the end of their lives because they believe they will have more time and money to deal with these matters later. Do not put living meaningful and good lives on hold because of the assumption that there is life ahead of us.
Don’t bank on a future, before you live fully because that future may not be guaranteed.
Despite the evolution of women’s roles in the workforce, they continue to encounter obstacles in attaining financial security, largely because they must balance caregiving duties with their careers, often without sufficient support. It is time to renegotiate women’s contract with society and create a more equitable environment where men and women share caregiving duties and have equal access to financial security.
Sure many financial decisions should induce a certain level of anxiety as they involve risk-taking, but with sound financial habits and advice, it is not necessary to persistently feel insecure about your money and your financial choices. Feeling secure requires a lot emotional labour to identify and uproot the roots of our feelings.
In this week's blog, Sunél highlights the evolving trajectory of retirement in the 21st century. Retirement planning has shifted from the goal of an abrupt fixed age retirement to determining personalised approaches for a more gradual transition out of the workforce. Tailoring retirement plans to individual needs and aspirations is essential for navigating the changing dynamics of work and retirement.
Sometimes, it seems that talking about the allocation of financial resources is treason to the idea of romantic love. But, if we do not pay attention to the financial aspect of marriage, over time, resentment can set in.
Understand what is important to you. This sets out your unique parameters. Then rely on evidence of repeatable performance information to understand how the information fits your parameters.
Protecting our inner landscape translates to taking breaks from the news, deliberately making time for fun and family away from the fear and turmoil. Even further, making time for silence, stillness and solitude – time to retreat to refocus and refresh...and diligently practise graditude.
You can only feel you’re falling behind when you measure yourself against a preconceived idea of what a path to success looks like. But such a comparison makes us lose sight of our individuality. How can we all follow the same path when we are uniquely shaped by our DNA, gender, race, culture, religion, geography, privilege, and histories?
Fun helps me keep my energy up for work and other serious aspects of my life. And thankfully, one doesn’t stand in the way of the others – fun helps create a successful life.