Principles:

• Trust – in the economic system of capitalism
• Patience – in the markets to deliver historical returns
• Discipline – to continue contributing in the face of adversity

 

Practices:

• Asset allocation – shares, bonds, property, cash
• Diversification – spreading risk
• Re-balancing – reviewing and returning to profile

 

People:

• DIY vs. Advice – delegate or do it yourself
• Passive vs. Active – fund manager type
• Product vs. Plan – strategy or ‘what’s hot’

 

Plan:

• Cash Management – Control
• Investment Portfolio – Confidence
• Risk Management – Certainty.