Know your money
An understanding of how investment markets function, of how to manage risk and of what are reasonable expectations are all fundamentals for money confidence.
This Masterclass has been completed
Watch a recap of this Masterclass here
Whether you're new to investing or experienced but feel your knowledge could do with a refresh, this session will leave you more confident in your investment decisions.
Warren Buffet is one of the world's most successful investors. He has just two rules for investing:
- Rule 1: Never lose money
- Rule 2: Never forget Rule 1
Our session starts by looking at investment theory, before considering how to apply this alongside solid research and appropriate portfolio design to help you meet Rule 1. We'll then go on to consider the psychological flaws that lead us to break Rule 2 and how we can counter them.
In much the same way as many more car accidents are caused by driver error than mechanical failure, so most investment disappointments arise from investor error - be this unrealistic expectations or acting on impulse rather than evidence and giving in to those two drivers of markets - fear and greed.
The session will conclude with an update on the economic outlook from our guest speaker Dr James Watson followed by questions.
By the end of the evening you will have a clearer insight into what can be reasonably expected from an investment and of the right actions to take when markets come under pressure.
Agenda:
Markets - what are they, how do they work and why do they matter?
Investing - where to start; what to expect; investment vs speculation
Risk - types of risk; managing and mitigating risk
Comfort Break
Psychology of investing - why we tend to make the same mistakes
Comfort Break
Economic update - bringing theory into practice with an overview of current economic conditions
Some more about our guest speaker...
Dr James Watson is an Associate Professor in Financial Economics at UEA, where he teaches macroeconomics and finance to undergraduate and postgraduate students. He is particularly interested in fiscal and monetary policy, and the levels of government debt.
James sits as the external member on the Chadwicks Investment Committee.
Date: 19 September 2023
Time(s): 6.00pm til 8.00pm
Where: The Enterprise Centre, University of East Anglia, Norwich Research Park, Norwich, NR4 7TJ
The Masterclass will last around two hours with questions and be of interest to anyone who would like to improve their understanding of how investment markets function. Coffee, tea and exceptionally fine cake will be served
This is an in-person session so places are limited. We are keen to keep our Masterclasses free of charge. To help achieve this please could you try to honour your commitment to attend or let us know as soon as possible if you are unable to make it so your place can be allocated to someone else?
This year, we are proud to support The Priscilla Bacon Hospice Charity. If you find the masterclass useful we would encourage you to make a donation to support their work.
