The Personal Finance series with Warren Ingram

Investing is like tennis (pros need winning shots, amateurs must avoid mistakes)

The Money Show’s Bruce Whitfield interviewed personal financial advisor Warren Ingram.

With Wimbledon in full swing; Ingram compared it to investment strategies.

He looked at the book "Extraordinary Tennis for the Ordinary Tennis Player" by scientist Dr Simon Ramo.

Dr Ramo makes the point that tennis is actually two races.

You get the top ranked players who are now in the final eight.

These are the professionals who got to the finals by playing those winning shots.

Their strategy is to outplay their opponents.

The other kind of player is you and I.

We win a game by limiting our mistakes and by being consistent.

This can be applied to investing.

Especially now, when markets are tough, you just need to focus on your long-term strategy, and be consistent with your savings.

If you constantly aim for investment winners, it is likely that you won’t progress as far as you would like.

Points to consider:

  • You need to ensure that you keep in the game – the secret to “winning” in investments is to remain invested for as long as possible.

  • Ensure you keep on following your long-term strategy.

  • Don’t listen to background noise; focus on your investment plan and your goals.

  • You are not able to control everything, however, you can control your shots and your emotions. You can’t control the markets, but you can control how much you save and your decision-making.

For more detail; listen to the interview in the audio below.

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Where to invest your overseas capital

Where to invest your overseas capital

With the political climate as volatile and rife, the US might not be the best country to keep your overseas capital.

Women are better investors than men

Women are better investors than men

Warren Ingram explains why it is that women clearly outperform men.

Worried about SA? How to invest offshore (in a low-cost ‘index tracker’)

Worried about SA? How to invest offshore (in a low-cost ‘index tracker’)

The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.

How to know if your investment's fees are fair (and how to negotiate them down)

How to know if your investment's fees are fair (and how to negotiate them down)

Do you know what you’re paying, and how much you should be? Personal financial advisor Warren Ingram explains…

Super-saver Julia is human after all! She's struggling to keep it up...

Super-saver Julia is human after all! She's struggling to keep it up...

Bruce Whitfield interviews super-saver Julia and her advisor Warren Ingram. Is she keeping it up? Because life (and kids!) happen…

Is Julia still a supersaver? Because life (and kids!) happen…

Is Julia still a supersaver? Because life (and kids!) happen…

Listeners of Bruce Whitfield’s The Money Show may be familiar with Julia, the savings superhero. There’s been “developments”…

Popular articles
Home Affairs to follow up on special dispensation permit for Zimbabweans in SA

Home Affairs to follow up on special dispensation permit for Zimbabweans in SA

Home Affairs Minister Hlengiwe Mkhize says her department will respond to all Zimbabweans under special dispensation.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?