Tender shoots of recovery in Asia need cultivating

clock

How do you explain the magic of markets to new investors? IFAs are often stunned at how little is un...

How do you explain the magic of markets to new investors? IFAs are often stunned at how little is understood about what makes the money world go round, and they struggle to find metaphors to describe it. Some talk about cars and engines, others about football teams and strategies But one of the best I have heard so far is from a seasoned IFA who was presenting to a couple with two young children. "It's like Snap!, Old Maid (two card games) and musical chairs," he said. "You mustn't say 'Snap!' too early or too late, you try to pass your Old Maid on to someone else, and when the music stops...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •