Inflation is another one of those words that you hear on the news from time to time that you know you should pay attention to and then something - anything - more interesting comes along and all thoughts of inflation are forgotten. However, it's worth understanding the effects of inflation on your current savings. Here's why you should care...
What worked for your parents may not work for you when it comes to retirement. Do you understand how retirement works for the majority of us now? Or is your thinking still stuck in the 1980s? Find out what you can do to change your 'old money mindset' if you have one.
Many people still think of £1m as a big pot of money or a benchmark number to hit, perhaps thinking this would be more than enough to last them throughout their golden years. But can you really live off £1m in retirement?
If you are interested to learn more about how and why I started The Investing Coach then take a listen to this podcast that I recorded recently. It's aimed at Financial Advisors but I still think it's a worthwhile listen if you are interested to understand more about my method and processes.
The line between investing and gambling is not always black and white. When it comes to trading in binary options, the line is quite blurry, to say the least. What is sure though, is that it’s big business.
It’s human nature to compare ourselves to people around us but more often than not we will look upwards, rather than downwards. The truth is that people on high salaries are only in the top few percentile of wealth in the UK and your position might come as a surprise to you.
Jason Butler, in a Financial Times article entitled ‘British expats, your financial adviser may well be a bandit’, provides a scathing summary of the Asia financial adviser landscape: “As for an obligation to give the client suitable advice, forget it. In the world of lightly regulated retail financial services, anything goes. There is systematic, widespread and damaging mis-selling being carried out by overseas financial advisers.”
How are they getting away with it and what can we do to protect ourselves and our savings?
I recently attended the funeral of my aunt, who sadly lost her battle with cancer. She was diagnosed many months earlier and therefore was able to ensure her will was in order, and think about how she wanted her 'estate' to be distributed, and to who.
It was a stark reminder to my wife and I that we haven't got a will, so I have spent some time recently investigating the options. Below are some of my findings that you might find helpful.
Despite rent, student loans, and early withdrawals from their retirement accounts, investors under 30 feel confident they will enjoy the retirement they want. Do you feel the same - regardless of your age?
In my webinar last week, I covered the merits of using Tracker Funds in your portfolio. They are gaining massive momentum and anyone looking for long-term returns MUST understand them. In the webinar I mentioned Warren Buffett’s views on trackers.