22 Nov Video: Controlling What you Can Control
In this video, we see David Butler describe a scenario where his broker encourages him to buy shares on the basis that the share value should increase. This type of broker discretionary relationship has not always been successful for the client; if the predicted outcome does not happen, then it’s the client who loses out.
Discretionary Fund Managers have moved away from individual stock promotion- whether by choice or legislation changes. The result for clients is a truly beneficial adviser/ client relationship where clients are guided through portfolio construction.
You can’t control market forces, but you can control other aspects of your investment portfolio. How much tax you pay, what type of tax, and the costs associated with collective investments are elements that can be controlled.
David talks about how his company places value on”‘controlling what you can control.”