Ursula Boorman

Blog

June 21, 2017

Don’t become a one-eyed investor

Behavioural economists warn investors about a trap known as “confirmation bias”. This involves deciding on a course of action and then looking around for evidence to support that action. The proliferation of online investment newsletters and blogs means that investors can almost immediately find someone, perhaps a so-called expert, who agrees with them. In short, the trouble with “confirmation bias” is that it blocks out contrary opinions and research. As investors try to come to terms with the outlook for lower returns in this low-interest environment, they may be particularly vulnerable to falling into the trap of “confirmation bias” as […]
May 31, 2017

The right questions to ask yourself in June

June is a favourite month. It is an important marker: the year’s mid-point when you can reflect on progress made to date yet still with enough time left to achieve more before the year draws to a close. Until you talk tax. Then June takes on more urgency. It is the end of the financial year, the end of another tax year and time for some serious chats with the accountant. When it comes to investing, a very important measure is the after-tax return. Because that is the figure you get to put in the bank, reinvest or use to […]
May 24, 2017

Responsibilities of an executor

If you’re the eldest sibling in the family, or deemed to be the “most responsible”; if you’re seen to be a good friend by someone; or a fine upstanding citizen by others, chances are you will be asked to be an executor of someone’s will. After you’ve enjoyed the warm feeling of being wanted, just pause for a moment and take stock of what it really means to assume this most important role. You need to be aware that when the person dies, you will be required to spend a significant amount of time executing your responsibilities – and these […]