July 3, 2019
I was contacted a couple of months ago by a similarly gravitationally challenged friend/colleague who proposed we “buddy up” for the purposes of fitness training/diet, which has proved to be a good thing.
Not that we are seeking to audition for “Love Island”, but I’m hoping it’ll increase the likelihood of me being able to walk comfortably on the beach in Donegal in my eighties.
The routine involves a weekly “check-in” which I have mixed feelings about that, which made me think to the following analogy.
Our investment clients will in the main have risk based multi-asset portfolios, where the possible ups and downs are made clear at the outset so there should be no real surprises.
Clients will have online access where they can monitor performance daily, inducing a reaction technically described as “the heebie-jeebies”. This can heighten the emotion of the highs and lows of the impact of the markets on their funds and there can be a tendency to forget the long term objective of the investment style.
Those choosing a longer time before checking in online are more likely to see an averaged trend rather than short -term snapshots. Similarly with my weigh-in I am adopting a process of using up more and taking in less calories, yet the weekly check-in may not reflect the effort, but if I know I keep with the process there is no reason why it won’t work long term.
Anyway my short term objective is to have more shirts that fit unstrained so the buttons don’t fly off.
I’m off for my spray tan and speedo fit – have a great holiday folks.
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