Learn How To Invest

Underpinning the fairfunds site is a philosophy about money which is at odds with many views prevalent in our society today.

Of course, you don’t have to buy into this philosophy to make use of this site, but it might challenge you to think differently about the way you approach your money. We think you will benefit as a result.

Here are a few things to think about:

CommonView

 

Fairfunds’ View

Accumulating wealth is an end in itself

Money is merely a tool which you can use to achieve your other life goals

Retail therapy is good: live for the next shiny thing, what you buy is who you are

Retail therapy makes you ill. A consumptive lifestyle is crippling

Buy now (using credit): Pay (and worry) later

Spend less than you earn

Avoid the use of debt

Save first then buy

You can never have too much

Work out how much is enough for you and aim for that – when you have achieved your target, try to be satisfied. Practise contentment & consider giving.

To be successful I need to be richer than you

Contentment comes not from wealth (we are very rich in the developed world) but from purpose and relationship.

Time is your enemy: Get rich quick, take a short-term view

 

Time is a tool – take a long-term perspective. Success comes from doing a little of the right things, over a long period of time

We can predict what will happen in the future

 

Economic uncertainty is certain.

Speculate to accumulate

Take a disciplined approach - speculate only with what you can afford to lose.

Pick the winners: try to back the winning horse

Diversify to reduce risk and to increase returns

We are owners of all we have

We are merely caretakers, entrusted with what we have for a short time

Your legacy will be the wealth you leave for future generations

 

Leave a legacy of wisdom, relationships, love and a better world