Michael Stanhope – Think Long-Term When Building Your Investment Portfolio

<p><strong>BIO:</strong> Michael Stanhope is the Founder &amp; CEO of Hubbis, a leading provider of content and learning solutions for Asia’s Wealth Management &amp; Private Banking Industry. The company has a business in Hong Kong and Singapore and operates across the region.</p><p><strong>STORY: </strong>Michael has made several investment mistakes, each caused by taking a short-term view on his investments as opposed to thinking about them in the long term. He shares a few of these investments gone bad.</p><p><strong>LEARNING:</strong> Think long-term when building your wealth. Get a qualified financial advisor to help you create a diversified long-term portfolio.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“People need to educate themselves around the concept of investing, and thinking about the long term, financial planning, and wealth management.”</strong></p><p class="ql-align-center">Michael Stanhope</p><p class="ql-align-center">&nbsp;</p><h2><strong>Guest profile</strong></h2><p><a href="https://www.linkedin.com/in/michael-stanhope-4808aa11/" rel="noopener noreferrer" target="_blank"><strong>Michael Stanhope</strong></a> is the Founder &amp; CEO of<a href="https://www.hubbis.com/" rel="noopener noreferrer" target="_blank"> Hubbis</a>, a leading provider of content and learning solutions for Asia’s Wealth Management &amp; Private Banking Industry. The company has a business in Hong Kong and Singapore and operates across the region.</p><p>Michael has an extensive background in financial services in Asia, Europe, and North America. He has been in Asia-Pacific since 1995, first in Hong Kong, then in Sydney and Singapore, returning to Hong Kong in 2007, and now is in Vietnam.</p><h2><strong>Worst investment ever</strong></h2><p>Michael got a mortgage at the age of 23 and bought himself a house in Earlsfield, near Wimbledon. He paid 92,000 pounds for this house.</p><h3><strong>Selling too fast</strong></h3><p>A few years after buying this house, he decided to sell it. He was now living in Asia, and so