There are few bigger priorities for people today than investing for the future. A combination of the rising cost of health and education, soaring house prices, longer life expectancy and the increasing strain on welfare budgets means it’s vital that everyone does what they can to remain financially independent for the rest of their lives.
But the reality is that most of us are saving far too little and levels of financial literacy are pitifully low. All too often we base our investment decisions on industry marketing and advertising or on what we read and hear in the media. That wouldn’t matter if brokers, fund managers, advisers and financial journalists acted solely in our best interests. But everyone’s conflicted to some degree or another, and as a result ordinary investors typically end up doing precisely the opposite of what they should be doing.
There has, in fact, been a welter of independent, peer-reviewed research dating back to the 1950s on how best to invest, and the findings are remarkably consistent. Yet although this evidence is widely known in academic circles, the investing public remains largely oblivious to it. Even investment professionals and industry commentators are either unaware of it or for their own reasons choose to ignore it.
This blog is an attempt to redress the balance. My goal is to inform investors about what the evidence says; to explain why we don’t hear more about it; and to help like-minded financial advisers to communicate the benefits of an evidence-based approach.
If you’re hoping to get rich quick, this isn’t the blog for you. I’m not an investment professional; I’m a journalist. The content on this site is for informational purposes only and should not be seen as advice.
But if you’re looking for the truth about investing or, like me, you’d like to see this hugely important industry change for the better, then welcome aboard. Let’s enjoy the journey.
Robin Powell, MA (Oxon) MCIJ
Robin Powell was a TV reporter, producer and presenter for more than 20 years, working for Sky News, ITV and for The Sunday Politics on BBC 1. He reported from locations including Baghdad, Soweto and Guantanamo Bay, and made award-winning documentaries on the Holocaust and on Britain’s Romany Gypsy community.
He is the founder of Regis Media, which provides niche content and social media management for growing fiduciary businesses. For three years he was a consultant to Sensible Investing TV, for whom he produced and presented the highly acclaimed online documentary How to Win the Loser’s Game. He also works as a brand journalist and content marketing consultant for advisers in Europe, North America and Australasia.
Robin is a member of the Chartered Institute of Journalists and was a Visiting Media Fellow at Duke University in North Carolina.
Married with two children, Robin lives in rural North Warwickshire and works in Birmingham. A former intern on Capitol Hill, Robin has supported a number of lost political causes over the years, and a few sporting ones, including Aston Villa Football Club and the England cricket team.
To communicate the benefits of evidence-based investing to your clients and prospects, why not subscribe to Robin Powell’s content, presented in your own firm’s branding?