All posts by Chris Ferguson

Chris Ferguson

About Chris Ferguson

Chris formed Credence to bring credible financial advice to the offshore marketplace. Chris has been in financial services throughout his whole career, with experience in the GCC, United States, United Kingdom and Australia. Chris entered the financial services sector to enable as many people as possible benefit from freedom and choice in life by making good decisions rather than experiencing stress and anxiety over money.

Why Financial Planning Is More Impo...


From early on people are taught not only how money works but how it impacts people in different societies. Financial planning is extremely important but most people don’t really understand how to financially plan for the future. For instance, in many developed countries minimum wage standards keep people in certain financial categories. In the many … Continue reading Why Financial Planning Is More Important Than Ever!

Key Considerations of Behavioral Fi...


The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants. Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants take advantage (arbitrage) of such market inefficiencies. Some of the following traits, knows as heuristics follow. Psychology concepts … Continue reading Key Considerations of Behavioral Finance

Global Equity markets at their best...


The trading for the month of August ended on Friday the 29th, witnessing a rise in the global equity markets, reaching their peak in five months, since February. The rise was attributed to the strong U.S. data and German bond yields rising up from their record lows, amid expectations that the European Central Bank (ECB) … Continue reading Global Equity markets at their best in August, after five months

The economic recovery of the United...


The economic growth of a country comprises of a large number of different factors and a combined effect of all the factors makes the final impact. Similarly, in order to understand the economic growth of United Kingdom, it is important to identify the performance of various factors regarding the economy such as unemployment, investments, gross … Continue reading The economic recovery of the United Kingdom during the first half of 2014