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Paul Gambles

Recognized as a regional financial expert, Paul is a regular speaker at industry events on market forecasting, financial planning, investing and legal issues for foreigners living or doing business in Asia.  Besides Paul’s blog, Paul previously distributed his ‘almost-daily’ email – “Daily Updates”, where he gave his views on timely issues affecting financial markets, macro economics, micro economics and everything in-between.

Born in South Yorkshire, England, Paul graduated from the University of Warwick with an Honours degree in English and European Studies.  He began his financial career in the early 1980s as a technical inspector at HMIT with Inland Revenue.  Following a successful career change to the Bank of Scotland in 1987, Paul moved to Bangkok in 1994 to help set-up an investment counseling practice, which today is known as MBMG International.

www.mbmg-international.com

  

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6 January 2010

New Year Resolutions

The problem with New Year Resolutions is that people want to make changes but don't want them badly enough to see them through.

New gym memberships soar in January but then attendances tail back to normal levels by February.
 
Your financial waistline probably needs even more attendance than your actual waistline.

You can make a New Year's resolution to out affairs in order and to really take control of things or you can prevaricate. The cost of delay is probably higher today than it's ever been and the cost if inaction and inertia is also greater.

The rally of 2009 and the positive and negative implications stemming from that means that today might just be the most important day of the rest of your life to start making difficult financial decisions.
 
You can't make the right decision unless you actually make a decision.