If you pick any book on investing you will find the following steps to financial “Nirvana”:

1. Have a plan

2. Make a budget

3. Save regularly, and then invest regularly

4. Know your risk profile

5. Understand asset allocation – and stick to it like a discipline

6. Review regularly.

I have no doubt that these are the golden rules. However people who say this (other than trainers ha ha ha) have to sell you a product. And their life depends on how many people buy those products! So for all these rules to hold good commissioned products should do well. Financial Planners (by what ever name called) should be excellent in their integrity.

Gimme a break. That is too tough an assumption. So tomorrow I will give you the real Golden rules, happy investing!