Gillian McKeith revealed her fury after she was ‘scammed’ out of hundreds of pounds when she and her daughter Afton thought they bought Taylor Swift tickets.

The TV personality and nutritionist, 64, thought she had purchased tickets for Taylor’s The Eras Tour on 22 July at Wembley Arena.

But it turns out that the person who she had bought the tickets from never actually had access to the in-demand event. 

Gillian and her actress daughter Afton, 24, discovered after attending a glitzy gala in London that they had been swindled by an online scammer.

Sharing a video from the back of a taxi, Gillian said: ‘I just want to say we have a problem – we got scammed.

‘We had thought that we bought Taylor Swift tickets and it turned out the person was lying about having the tickets and just took our money.’

Gillian told followers: ‘And there’s been one excuse after another and they get more fantastic as each day goes on the excuses.’

Afton shared her upset and quipped: ‘We are devastated as we wanted to go to Taylor Swift’s concert on the 22nd June.

‘We thought we had tickets, turns out it was all a facade and a lie just to take our money.

‘Someone we actually knew.’

The Scottish television personality added: ‘Total scam. Please watch out.’

Clearly devastated, Afton added: ‘Now it’s too late to go to her concert, we can’t get a ticket now. It’s sold out.’

Gillian added: ‘We’ve lost all our money and we need to get it back,’ with Afton interjecting: ‘We need to get that money back and we would like to be able to go to Taylor Swift’s concert please.’ 

Afton captioned her clip: ‘Devastated is an understatement. Watch out for Taylor Swift SCAMMERS!!’Have you been scammed out of tickets?’

Her candid clip came just hours after she made sure all eyes were on her as she arrived at the ASA Foundation Glitter Gala in London. 

She appeared to come dressed as a giant pink bow from Hellavagirl as she wrapped herself in the bright fabric. 

Flashing plenty of skin, the star put on a very leggy display in a racy black leotard which she offered a glimpse of underneath the statement bow. 

Gillian completed the outfit with some brown wedged sandals and added a matching pink handbag and pink lip to tie the bizarre look together.  

The star was joined by her daughter Afton who also opted for a very racy ensemble from Nominal London as she posed up a storm in a see through midi dress. 

Afton went braless in the plunging black mesh one-piece which was patterned with silver waves. 

Flaunting her ample cleavage from the front, the actress turned around to reveal her barely-there red string thong as she displayed her bare bottom. 

Afton completed her look with some white strappy heels while her brunette locks were scraped back into a high ponytail. 

The pair joined presenters Kate Garraway and Lizzie Cundy at the yearly event which raises awareness for the Autoimmune Support & Awareness foundation.

Gillian and Afton’s outing comes after the star’s eldest daughter Skylar announced her pregnancy while attending sister Afton’s fashion show in London earlier this month. 

Skylar, 29, who’s expecting her second child, proudly debuted her blossoming bump at the event in a stylish pink dress and tweed cardigan.

The solicitor, who unlike her dietician mother avoids public eye, lovingly cradled her belly while supporting her sister.

Meanwhile her younger sibling put on a very leggy display in a tweed co-ord which boasted a chic blazer and skimpy shorts.

Dancer Afton later showcased her jaw-dropping figure as she took to the catwalk at the St. John’s Wood High Street Festival before commanding even further attention when she dropped into the splits. 

Gillian shares both daughters with her American lawyer husband Howard Magaziner after they met during his studies in her native Scotland. 

Afton has previously claimed that she once had a fling with David and Victoria Beckham’s eldest son Brooklyn. 

The stunner said she dated the now wannabe chef when she was younger – but added she no longer ‘keeps up’ with what he’s doing.

Afton also told how she had an awkward run in with Brooklyn and his wife Nicola Peltz at an LA supermarket.  

She told The Sun: ‘I didn’t watch any of his wedding. I actually don’t keep up with what he does.

‘But I actually bumped into him not so long ago in Los Angeles at my local supermarket – Erewhon – and her as well. It was extremely awkward.

‘You know, they seem good. I wish them the best. I hope they have a really long and happy marriage.’

Their fling was reportedly in between Brooklyn’s relationships with Madison Beer and Chloe Grace Moretz. 

A source told The Star at the time: ‘The romance didn’t last too long but Afton definitely grew feelings for Brooklyn.’

Reps for Brooklyn were contacted by MailOnline for comment at the tim

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Source: New York Post

Asset Allocation: An Overview

Asset allocation is a crucial strategy in investment management that involves dividing an investment portfolio among different asset categories, such as stocks, bonds, real estate, and cash. The goal is to balance risk and reward by adjusting the proportion of each asset class based on the investor’s risk tolerance, time horizon, and financial goals.

Importance of Asset Allocation

Diversification: Spreading investments across various asset classes reduces the risk of a significant loss. If one asset class performs poorly, others may perform well, balancing the overall returns.

Risk Management: Different asset classes have different levels of risk and return. By allocating assets appropriately, investors can manage the overall risk of their portfolio.

Optimization of Returns: Proper asset allocation aims to maximize returns for a given level of risk.

Key Asset Classes

Stocks (Equities):

Represent ownership in a company.

Potential for high returns but come with higher risk.

Suitable for long-term growth.

Bonds (Fixed Income):

Loans made to a corporation or government in exchange for periodic interest payments and the return of principal at maturity.

Generally lower risk than stocks, providing more stable returns.

Suitable for income generation and preservation of capital.

Real Estate:

Physical property or investments in Real Estate Investment Trusts (REITs).

Provides potential for income through rent and appreciation in value.

Offers diversification benefits due to its lower correlation with stocks and bonds.

Cash and Cash Equivalents:

Includes money market funds, Treasury bills, and other short-term investments.

Lowest risk but also the lowest returns.

Provides liquidity and stability.

Factors Influencing Asset Allocation

Risk Tolerance:

The degree of variability in investment returns an investor is willing to withstand.

Higher risk tolerance generally leads to a higher allocation in stocks.

Time Horizon:

The expected period an investor plans to hold an investment.

Longer time horizons can justify higher allocations to stocks due to their potential for higher long-term returns.

Investment Goals:

Specific financial objectives, such as retirement, buying a house, or funding education.

Goals influence the required return and acceptable risk level.

Market Conditions:

Economic and market trends can impact asset performance.

Tactical adjustments may be made based on current conditions, though the core allocation usually remains aligned with long-term goals.

Strategies for Asset Allocation

Strategic Asset Allocation:

Establishing and adhering to a base asset mix that aligns with the investor’s long-term goals and risk tolerance.

Periodic rebalancing to maintain the target allocation.

Tactical Asset Allocation:

Short-term adjustments to the asset mix based on market conditions or economic outlook.

Aims to capitalize on favorable conditions while managing risk.

Dynamic Asset Allocation:

Continuously adjusting the asset mix in response to changing market conditions.

More flexible but requires active management and frequent monitoring.

Core-Satellite Allocation:

Combining a core portfolio that follows a strategic allocation with smaller, actively managed 

satellite investments.

Allows for potential higher returns from satellite investments while maintaining a stable core.

Rebalancing

Rebalancing involves adjusting the portfolio to return to the target asset allocation. This can be done periodically (e.g., annually) or when asset classes deviate significantly from their target weights. Rebalancing helps maintain the desired risk level and can involve buying or selling assets to restore the original allocation.

Conclusion

Asset allocation is a fundamental aspect of building and managing an investment portfolio. By diversifying investments across different asset classes, investors can manage risk, optimize returns, and align their portfolios with their financial goals. Whether following a strategic or more active approach, understanding and applying asset allocation principles is key to long-term investment success.