Does Your Investment Planning Suffer from Too Much Internet?
At Approved Financial Planners, we have more than 40 years combined experience in providing investment planning help to clients in the Perth area. Now that we are working with AMP Capital, we also have their wealth of knowledge backing us in our efforts to help you maximise your investments.
Recently the AMP Capital Chief Economist and Head of Investment Strategy and Economics, Dr Shane Oliver, wrote about investment planning in the Internet age in his column, “Oliver’s Insights.” According to Dr Oliver, the more exposure consumers receive to information about the performance of their investments, the greater the risk of disappointment. This disappointment can cause consumers to make what Dr Oliver refers to as “poor short term investment decisions.” *
According to Dr Oliver, this risk is being “accentuated” by greater access to information about how investments are performing short term. This access often involves what Dr Oliver refers to as a “worry list…via traditional media” and apps that bring this information straight into our phones. *