The purpose of ego is security. The nature of ego is insecurity. The destiny of ego is surrender. (Credit: @findingawareness on Instagram) It’s an interesting paradox, isn’t it? The very thing we rely on to create a sense of safety, our ego, is inherently restless, always scanning for threats, always seeking more. Perhaps this tension is most evident in how we interact with money. Why we seek financial security At its core, financial planning is about […]
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Choosing a trusted partnership
At first glance, it seems obvious why someone would seek out a financial adviser or planner; to make smarter money decisions! But if that were the only reason, personal finance books and online calculators would have made financial planners obsolete long ago. The reality is that the true value of an adviser goes far beyond spreadsheets and portfolio allocations. People don’t just want a guide for their finances; they want a partner in financial decision-making—someone who […]
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Managing a sophisticated lifestyle with ease
“Wealth is not about having a lot of money; it’s about having a lot of options.” — Chris Rock Managing a prosperous lifestyle goes beyond financial assets; it encompasses the art of orchestrating a life where luxury, convenience, privacy and responsibility all converge. For those who hold the responsibility of multiple properties, luxury assets, and high-end living, the challenge often lies in the seamless integration of these elements into a lifestyle that is impactful, sustainable, and […]
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The holistic approach to life cover
When it comes to life insurance, one of the most common questions people ask is: How much cover do I actually need? While the typical rule of thumb suggests between 10 to 15 times your annual salary, the real answer depends on your unique circumstances, responsibilities, and financial goals. Rather than picking a number out of thin air, let’s take a step back and look at the bigger picture. A well-structured life insurance plan isn’t just […]
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Positive aging
“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” — Mark Twain Western culture often paints aging as a decline from the vibrancy of youth, but emerging research paints a more encouraging picture, suggesting that our later years can be among our best! Studies, like those by economists Blanchflower and Oswald in 2008, have revealed that life satisfaction tends to follow a U-shaped curve: it dips during midlife but rises […]
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Is it time for a lifestyle audit?
Also referred to as an “economic reality check,”, lifestyle audits are not just for the rich and famous, and not just useful to the tax collector! Have you ever looked at your bank statement and wondered, “Where did it all go?” It’s one of those universal moments—a glance at your spending habits and the creeping realisation that maybe, just maybe, your money isn’t working as hard as it should be for the life you want. This […]
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Wealth beyond your lifetime
“The best way to find yourself is to lose yourself in the service of others.” — Mahatma Gandhi In a world deeply interconnected yet riddled with challenges, the role of philanthropy and social impact investing becomes not just beneficial but essential. For those fortunate enough to wield considerable financial resources, the opportunity to foster change and make a tangible impact on society can redefine the essence of wealth. Here are some of our thoughts on how […]
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Are you being reasonable?
If money decisions were purely mathematical, personal finance would be easy. Spend less than you earn, invest in low-cost index funds, and let compound interest do its thing. But as anyone who’s ever faced a financial dilemma knows, money is emotional, unpredictable, and deeply personal. Morgan Housel, in The Psychology of Money, makes a compelling argument: in finance, it’s often more important to be reasonable than to be rational. In theory, rational decisions are always the […]
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Predictions, Plans, and the Power of Perspective
If history has taught us anything, it’s that predicting the future—especially when it comes to markets—is an exercise in futility. Every year, analysts, economists, and investment strategists make bold forecasts about where stocks will land, how interest rates will shift, and what geopolitical events will shake the financial world. And every year, those predictions are proven, at best, only partially correct. Market forecasts are like long-range weather predictions. We can analyse trends, observe patterns, and make […]
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Creating tomorrow’s shade
“Someone’s sitting in the shade today because someone planted a tree a long time ago.” — Warren Buffett At WellsFaber, we’ve always tried to approach financial planning with our clients in mind, not their money. It’s not that we don’t think about the money; it’s that we realise that the money only makes sense if we understand what we want to do with that money. To follow on from Warren Buffett’s quote, we need to know […]
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