New Year is a time to dust down your investment strategies
THE beginning of the year is traditionally the time to review diets, reassess exercise programmes, and generally make plans for the unattainable. It is also the time to revise investment strategies.
So it would be unfashionable if this column did not take the time to look at a few basics of investment so that it's clear the column is grounded by some rules. But then, rules are made to be broken.
It is most unlikely, for instance, that Real Madrid coach Jose Mourinho, would call in his squad at the beginning of the season and ask the players whether they would like to play four-four two or four-three-three? It's improbable that he would then do what they suggest, no matter how many trophies the players have on their mantelpieces. It would be even more unlikely that if the maestro found his side 2-0 down against Barcelona that he would not quickly drop-kick the rules into the Rio Manzanares. We promise to follow the lead of the master tactician and flexibility will be our golden rule.