Citywire for Financial Professionals
Share this page:
Stay connected:

Citywire printed articles sponsored by:

View the article online at

Save in the same way that you invest in your home

David Man talks to Lolly readers about the importance of investing for the long term.


by Victoria Bischoff on Mar 27, 2012 at 09:16

Save in the same way that you invest in your home

David Man, partner at RMG Wealth Management, shares his top three investment tips:

David says:

  1. Find a manager who is in the business for the long term and is owner-managed.
  2. Think of a long-term savings plan as an investment in the same way as you think about your house as an investment.
  3. Regular investing smoothes returns.

We say:

Investing is a long-term game. We think David is therefore spot on to advise Lolly readers to think of their long-term savings plan in the same way they think of their home.

The majority of us don’t dip in and out of property – it would result in some pretty hefty admin fees if we did. No, the average mortgage term is 25 years, and you hope that by the time you have paid the loan off property prices will have increased, netting you a nice little profit. Try to plan your savings strategy over a similar length of time.

Similarly, as David says, it’s helpful if your investment manager is also in it for the long term. A manager with shares in the business means they are far more likely to stick around for longer.

Finally, we think David’s point on regular saving is also well worth listening to. Investing a set amount each month will provide you with far more protection against the stock market’s rises and falls than if you make a one-off lump sum investment.

Previous Money Master Classes have included:

6 comments so far. Why not have your say?

Tony Peterson

Mar 27, 2012 at 18:33

I say that David's advice is dangerous and should be ignored.

report this


Mar 29, 2012 at 09:05

Hardly a master class,more like common sense-having said that, there's no fun or "real" money to be made with this sort of investing.

report this

Tony Peterson

Mar 29, 2012 at 09:16

There's real money to be made for the manager, and (from his point 3) an increasing income stream for him too, if you follow this advice.

This advice stinks. Invest yourself directly, and not through avaricious intermediaries.

Ask yourself, what's in David's advice that is good for David?

report this

Gavin Lumsden

Mar 29, 2012 at 11:53

Tony, I think you're being too negative. It's great that direct investors like yourself are having success in managing your financial affairs. I hope Citywire Money helps you do that. However, this part of the website, The Lolly, is meant for people who are less financially experienced and knowledgeable. They may become DIY investors in the future but for the time being they are learning the ropes. In that context I don't see any problem with David's tips.

As cherrybowl says they are just common sense.

report this

Tony Peterson

Mar 29, 2012 at 16:41

You may "think" that I am being "too negative". You can think what you like.

As I see it, you are being patronising to me, and insulting to the public.

Anyone with half a brain can see that there is sense in becoming part owners of the companies that bill them for services such as water, energy, and telecommunications. You don't need a manager to do that for you. What stops most people is shortage of cash, or obfuscatory disinformation of the sort you churn out.

In my (fairly considerable) experience I have found there to be very little difference between fund managers and burglars. And yes I have been burgled. And yes I have fallen victim to managers.

report this

Michiel Terlouw

Apr 14, 2012 at 11:06

@Tony: Gavin's answer was polite and respectful. You're sulking, grow up.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

Sponsored By:

Weekly email from The Lolly

Get simple, easy ways to make more from your money. Just enter your email address below

An error occured while subscribing your email. Please try again later.

Thank you for registering for your weekly newsletter from The Lolly.

Keep an eye out for us in your inbox, and please add to your safe senders list so we don't get junked.

Latest from Investment Basics

See all headlines


Bookies slump as £2 stake limit on terminals looms

by Daniel Grote on Apr 24, 2018 at 15:19

Sorry, this link is not
quite ready yet