Thu 13 September 2018 - Paramount Financial Solutions
Oliver's Insights: Seven Lessons from the Global Financial Crisis
The key lessons for investors from the Global Financial Crisis (GFC):
- there is always a cycle;
- while each cycle is different, markets are pushed to extremes of valuation and sentiment;
- high returns come with higher risk;
- be sceptical of financial engineering or hard-to-understand products;
- avoid too much gearing or gearing of the wrong sort;
- the importance of proper diversification, and;
- the importance of asset allocation.
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