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ARTICLE · 25 DECEMBER 2014

Investment insights - Let the forecasting begin

Making investment decisions based on other forecasts is not always the best approach to a long term investment strategy.

AustraliaWealth Management

Hello and welcome to this month's edition of Investment insights, and our final communication for 2014.

In this edition we turn to a semi regular contributor, Jim Parker, who has penned an excellent piece titled 'Festive Forecasting'. In the piece, Jim goes back 12 months to look at the 'Top 100 Picks' from The Australian, along with some foresight from the Sydney Morning Herald. After acknowledging that making investment decisions on the opinion of others will produce a combination of both winners and losers, he notes that "It seems pretty clear that basing your investment strategy upon the forecasts of share analysts, economists and journalists about the outlook for individual companies, sectors, industries and the broader Australian and global economy is a dicey proposition". Click here to read the article.

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