Starting your investing journey in a recession is as good a time as any. .
The markets seem to be in freefall and while experts are coming out of the woodwork it feels like most people are just watching and pressing pause on any kind of activity.
It is during these uncertain times that we feel is even more important to launch our platform for financial information and guidance.
A few opening remarks:
Our goals – are to cut through the market noise and present key principles of savings and investings that have been shown to work throughout We hope to be a reference point for anyone who is looking for no-nonsense, no jargon information on savings and investments that is relevant to them. We want to create a platform that destigmatizes all financial conversations and create a community where we can share knowledge and answer questions
We are different – our network and team is comprised of individuals with strong financial background and expertise as well as those with limited “formal” knowledge, that keeps us grounded and focused on our mission to deliver clear, accessible information but ensures it is backed by solid knowledge
Our services – include our general, no-nonsense financial advice as well as individually tailored information which you can get by contacting us directly at moneychatsinfo@gmail.com
Our founder’s journey:
I started working in the financial industry during the 2008 recession. My first job was to call investment managers on a daily basis and find different ways of asking them how much money they lost. I then had to find the most reassuring way of communicating that to our clients who were investing with said managers. It was a steep but amazing learning curve and a sobering experience of what investing entails. Now, after more than 10 years of mostly positive market returns and having worked for asset managers, pension funds investing with asset managers and rating companies reviewing asset managers, 2008 still gives me some much needed perspective.
I started MoneyChats when I realized that many of my friends who didn’t work in finance (and some who did) found savings and investing overwhelming. There is so much jargon in the industry, so many “experts” that makes the industry look impenetrable. Whilst I agree there is a place for companies dedicated to helping you better manage your money I also believe it is the responsibility of all of us to be financially aware and in control of our money and decisions regarding these. I also believe that reframing financial information in a way that is more accessible and being aware of some key principles can go a long way to making anyone feel confident in making their own financial decisions.
