Peter Elston: Head versus gut in retirement investing

How safe is the ‘safe option’?

Peter Elston: "The notion that an annuity carries less risk than investing oneself is a powerful one – but it is a notion that may be flawed."
Peter Elston: "The notion that an annuity carries less risk than investing oneself is a powerful one – but it is a notion that may be flawed."
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Investing often sees logic overshadowed by gut instinct and, while this can sometimes work in the investor's favour, writes Peter Elston, being logical when others are instinctual can over time reap huge rewards

Risk is a part of our everyday lives. Whether consciously or unconsciously, we make risk assessments for every action we undertake. We make these assessments using two methods - instinct and logic - and,...

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