Constant media bombardment, which is commonplace today, can trigger a phenomenon known as FOMO (Fear of Missing Out). This feeling can prompt us to participate rashly in activities without proper reflection, motivated by anxiety about being excluded from something that appears valuable to others.
We can appreciate this sentiment when travelling: as our subconscious sparks a desire to escape the daily routine, often the idea of travel emerges as a tempting alternative. The same thing happens with investments: seeing a set of assets obtain returns awakens a yearning and willingness within us to be a part of the action.
However, organising a trip and investing in financial markets share one common characteristic: the need for meticulous planning, which is frequently the distinguishing factor between success and failure.
Whether our goal is to travel or invest, we must perform a realistic exercise in introspection in order to determine budget, duration, the inclination toward adventure and the risks we are willing to take. At the same time, in the investment sphere, each financial profile is unique, with different goals and objectives, as well as varying capital and risk thresholds.
Every investor wants to maximise returns while minimising time, capital, and risk. However, achieving this ideal without transgressing our risk profile is a formidable challenge. Likewise, when travelling, we want to enjoy the utmost in comfort and worry-free services, but budget constraints often curtail these desires.
Reconciling what we want and what is possible requires outsourcing the task in question to professionals. It is imperative to understand the sector in depth, its conditions, and dynamics. Thus, someone whose profession lies outside of tourism or investment or who only engages in these activities only sporadically is unlikely to have the knowledge and training necessary to fully meet expectations. In short, dedication and expertise are crucial.
It is at this point that the added value of professionals comes into play. Travel agents and tour guides are essential allies when planning a dream vacation, providing support in the event of unforeseen circumstances and revealing little-known secrets about our destination. Similarly, in the investment sphere, financial advisors have the experience required to guide decision-making, save time, avoid errors, and offer alternatives to standardised portfolios.
Though travel and investment require meticulous planning, uncontrollable variables—like adverse weather or geopolitical tensions—may arise. Therefore, success can never be 100% guaranteed in the planning phase. However, the support, advice, and peace of mind that a professional familiar with the situation can provide are key to avoiding failure and achieving success. They serve as indispensible value-added assets, increasing the odds of attaining our goals.
Alejandro Cárdenas,
Wealth Manager
LEGAL CONSIDERATIONS
1) This information, which constitutes EDM advertising, is intended for informational purposes only in accordance with the rules of conduct applicable to investment services in Spain, and is therefore sufficient and understandable for any potential recipient. The information may refer to or entail additional, separate documentation, which you may request from EDM. If this information contains offers of products, financial instruments, or services, recipients may avail themselves to any complementary or additional documentation that enables them to comply with the terms and conditions of the offer in question.
2) EDM Gestión, S.A. SGIIC is a limited liability company under Spanish law registered in the CNMV’s Special Registry of Collective Investment Scheme Management Companies (Registro Especial de Sociedades Gestoras de Instituciones de Inversión Colectiva) no. 49, and in the Commercial Registry of Madrid, under volume 36,739, sheet 52, page M-658.326, with tax identification no.: A-58.217.175. Its activity includes the representation, management, and administration of Funds and Investment Companies located in Spain and subject to Spanish law, in addition to discretionary portfolio management.
3) Recipients of this information must take into account the fact that any result or data provided may be subject to fees, commissions, taxes, and expenses, which may decrease or alter the gross result, depending on the nature of each case.
4) The instruments included in this information are subject to the potential effects of several common causes, including:
. Market fluctuations due to unforeseen circumstances.
. Liquidity risk and other risks that alter the evolution of the investment.
5) This information contains data that reflect the past performance of the cited products. The data is a reference or record used to reach a conclusion, but is in no way an indisputable indicator of future performance.
6) This documentation may contain data based on currencies foreign to the recipient. Therefore, the possibility of an upward or downward fluctuation in the value of the currency and its effect on the results of the proposed product or instrument should be taken into account.
7) To ensure discretionary portfolio management services are provided within the scope of suitability, MiFID regulations require EDM to collect the necessary information regarding its clients’ investment goals, financial capacity, and investment experience and knowledge. To that end, EDM will obtain the information needed to create an investment profile of each client, consistent with their particular circumstances. Regulation does not permit EDM to render discretionary portfolio management services without the information necessary to assess the suitability of its clients.
8) To obtain the mandatory legal information, please visit the website of the management company, EDM Gestión SA SGIIC, at www.edm.es. You may also obtain a hard copy of this information upon request, free of charge.
9) All the opinions and estimates provided are based on sources considered reliable. Nevertheless, EDM Gestión, SA, SGIIC cannot guarantee their accuracy or integrity, and does not assume liability for any direct or indirect loss that may result from the use of the information provided in this document.
10) The content of this document is intended for informational and advertising purposes only. It is not and cannot be considered investment advice or legal opinion, nor is it intended to substitute the necessary counsel in this regard or constitute an offer to sell or buy. EDM Gestión, SA, SGIIC advises that past returns are not a reliable indicator of future profitability.
