Taking control of money management

Case study: When John Wiltshire came to me for independent investment advice, he felt that as a businessman he had let his business take over his financial affairs. Specifically he was spending all day managing his company and no time managing the money he made from it. What I found was that he had fallen victim to the classic file-and-forget strategy. His portfolio contained every form of packaging, produced by a wide range of vendors. He had diversified very widely by manager through managed funds. This made his portfolio unmanageable and condemned to mediocrity. If every investme...