HOW IS THIS GOING TO WORK?

This is probably the most important question of all. I didn’t realise how important until I was invited to meet an already well-established City lawyer in some very smart offices.

I felt slightly in awe. Here was a clear expert in his field, surrounded by the trappings of success and his profession, explaining all his investments and sounding very confident.

After a natural pause, I simply said “How is this all going to work?”

Then a long thoughtful silence, followed by a cheeky smile, as he looked me in the eye and said

“I haven’t a clue!”

We both saw that whilst considerable investments had been amassed over the years, there was no link to any form of objective.

The piece that was missing suddenly became obvious but actually it was a much harder piece to shape.

Working together, we eventually established what it was that this successful man wanted.

It was about life, not numbers

A Rolls Royce is a lovely car, so I’m told, but if all you want to do is to drive to Waitrose and back once a week, it may not be the most suitable. And so it is with investments.

There are many great and varied options out there, but the wisdom is to be clear about the task in hand before gravitating towards the solution.

So, how IS this all going to work?