SENSIBLE INVESTING

In 1987 I learnt not to trust all financial advisors. I took advice from one in early 1987 who recommended that I divide up my small pot of limited wealth and invest in a handful of managed funds (including a Swiss Trust, and a couple of country-specific funds). He did not recommend a Japan fund, but I chose to invest in one anyway. Then the crash of 1987 happened, and all my investments fell - except for my own Japan fund investment. My conclusion was that with my own research I might be able to manage my own funds. I have since learnt more about financial advisors and the ways in which they are remunerated regardless of the performance of my investments. And I have learnt to stay away from managed funds... I then became very seriously interested in the stock market at about the time of the tech crash (2000-2001), and started using the Australian BullCharts software for Technical Analysis and share price charting. I helped to set up the Melbourne BullCharts User Group in 2006, and I..

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Primary location: Victoria Australia