Welcome to my bog and some random thoughts!Ian Whiting
As the newst blogger here, I would like to say that I am looking forward to sharing some thoughts and opinions (most of which are politically correct but some aren’t!) that will challenge a lot of conventional wisdom within the financial community and the industry at large. I welcome comments (pro and con) as well as suggestions for future commentary.
For my next blog, I will offer some opinions on “traditional” financial planning using average interest/growth rate assumptions and the move along to Monte Carlo simulations – are they really a major improvement? If anyone wants a “sneak preview” on those thoughts, I refer you to Jim Otar’s excellent website as noted under TAGS. As a follow-on, I next plan to look at what a reasonable rate (if you must use a fixed rate), makes sense and will stand the test of time!
Remember, I did say I was going to challenge some long-held beliefes and principals – to get us all thinking about how we work with our clients and their future plans!
Cheers Boom Boom
Posted: May 29th, 2012 under Cost of Living, Estate Planning, Financial Planning, General, Guaranteed Investment Certificates, Insurance, Investments, MONEY®, Mutual Funds, Pension, Personal Finance, Software.