Module 1 : Financial wellbeing
Obtain 30 minutes of CPD by completing this module.
Learning objectives
- Understanding of investment strategies, including lump sum investing and cost averaging, while considering risk tolerance and market conditions.
- Refine budgeting and debt management skills. Tailor investments to align with client objectives, and understand the importance of adaptability in addressing client concerns.
- Understand the importance of maintaining emergency reserves, financial safeguards and adept portfolio management during uncertain times.
Learning outcomes
- In-depth understanding of investment strategies including lump-sum investing and cost averaging.
- Confidently compare different investment approaches and assess their strengths in diverse markets.
- Understand how the performance of stocks and bonds is related, and how to guide clients who need to consider investment risks and long-term goals.
- Suggest strategies to clients to enable better financial control and preparation for unexpected expenses and income changes.
- Understand the importance of long-term planning and managing generational wealth.
Unit 1: Vanguard’s guide to financial wellbeing
Reading time: 5 minutes
Foster financial wellbeing and financial planning and discover the pivotal role it plays in overall health and financial happiness.
Read the articleUnit 2: Investing or paying off debt? A framework
Reading time: 5 minutes
For many clients, the perfect balance between investing and paying down debt may mean doing a bit of both.
Read the articleUnit 3: Managing household liquidity
Reading time: 5 minutes
Having a well-planned emergency fund for the unexpected can turn a potential crisis into a manageable setback. Discover our 2024 discussion framework here.
Read the articleUnit 4: The truth about cost averaging
Reading time: 5 minutes
Cost averaging is often touted as a good way of smoothing out the peaks and troughs of investment markets, but unequivocal evidence supports the case for lump-sum investing.
Read the articleModule 1 quiz
Take the Module 1 quiz for 30 minutes of CPD
Take the quiz
Other Vanguard 365 pillars
Client relationships
CPD content crafted to empower you to service your clients' needs effectively, build relationships, create loyalty and achieve new business growth.
Practice management
CPD content designed to help you build your practice, market your services effectively and cultivate a thriving professional network.
Investment knowledge
CPD content formulated for you to explore in-depth insights on investment principles, portfolio construction and comprehensive product education to expand your technical knowledge.