I’m pretty sure there isn’t a GIF out there showing Tom Jones singing this, but there probably will be if we ever stumble into this recession which has been imminent for apparently ages.
I’m still not convinced it will ever happen, mainly because never before have central bankers been able to print however much money they want to mask the problem (even in 2008/2009 dear readers).
But if there’s no bust, what will that mean for the usual innovation required to propel the next boom?
Topic for another day perhaps.
The subject of this email is instead about liquidity when it comes to your investments.
I was perfectly aware of this concept before I started putting my own money into various alternative investments, but did I heed my own advice?
And not surprisingly, the investments I entered into which I knew were illiquid have been the worst performing.
Not necessarily from a return on investment point of view, but definitely in terms of control – which I’ve now realised is my number one priority.
If an investment is illiquid (i.e. you can’t easily cash out) then it can put a strain on your personal cashflow.
If something is liquid (i.e. you can easily cash out) then it may not perform as well as you hoped, but at least you can pull your money out to put into something else – even if you might take a small hit to your capital.
That’s pretty much the logic behind investing in the stock market, but I now know there are other options out there which are worthy of learning about.
Some are tax-free.
Some have been around for decades, even centuries – yet under most people’s radars.
Some are potentially life changing, in terms of yours and your family’s wealth.
And these will be the topics discussed at the first ever GITogether, to be held in Portugal in April 2020.
As numbers will be strictly limited to twelve you’ll have plenty of opportunity to ask me about other investment areas you may be interested in/currently invest in – I’ll probably know a bit or a lot about all of them.
No personal advice though, if that’s your bag get an appointment to see a financial advisor.
But we can obviously have a chat, and you might get some insight from your fellow attendees.
As such it’s for those who want to take control of their financial future, they just need a bit of directional assistance and to have their questions answered.
If that’s you, get your name down before those places are snatched up quicker than a Tom Jones shimmy.
Here’s the info:
All the best,
Copyrighted and published by FOAR Ltd