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Lethal cocktails rarely end well

By Vern Gowdie - posted Monday, 4 November 2019


I get that. I really do.

There are times, when even I want to be given a break from me.

Surely there’s something positive about current market conditions? Believe me, I continually search for it.

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When you’re 60 you have a slightly different view of the world.

You’re young enough to see life could continue for another two, three or possibly four more decades.

But you’re not young enough to begin rebuilding a capital base.

You weigh up the alternatives.

The potential of higher returns versus the potential for heavy losses.

Does the offer of an extra few percent warrant the possible loss of half or more of your money?

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Or to use the party analogy.

Does allowing under-age teenagers the unrestricted freedom to really enjoy themselves outweigh the duty of care you owe to their parents?

My answer to both scenarios is…NO.

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This article was first published on Rum Rebellion.



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About the Author

Vern Gowdie has been involved in financial planning since 1986. In 1999, Personal Investor magazine ranked Vern as one of Australia’s Top 50 financial planners.
His contrarian views often place him at odds with the financial planning profession today, but Vern’s sole motivation is to help investors to protect their own and their family’s wealth. Follow him on Twitter @RumRebellionAus

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Creative Commons LicenseThis work is licensed under a Creative Commons License.

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