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Saving & Investing

 
 
Certainty in uncertain times

Certainty in uncertain times

June 17, 2022

We are living in a time of extreme uncertainty and the anxiety that comes along with it. Against the backdrop of war, humanitarian crisis, and economic hardship, it’s natural to wonder what effect these world events will have on our long-term investment performance.

While these challenges certainly warrant our attention and deep concern, they don’t have to be a reason to panic about markets when you’re focused on long-term investing.

Category: Financial News & Events, Saving & Investing

 
Inflation is killing your savings

Inflation is killing your savings

May 29, 2022

Inflation, as measured by the consumer prices index, has hit nine per cent, which is a 40-year high and the prospect of it rising higher and reaching double digits before the year-end is very likely. Inflation is normal, we shouldn’t be afraid of it, but when its momentum builds it can get out of control and skyrocket, which typically means things become more expensive quickly, but what does it do to your savings?

Category: Financial Planning, Saving & Investing

 
Investing secrets: it all starts with the right mindset

Investing secrets: it all starts with the right mindset

April 26, 2022

This week I read a great blog by one of the people that helped me as he celebrated 40 years in business. David Booth is the founder of Dimensional Fund Advisers and a genius in the investment world, so I wanted to share his thoughts and mine so you too can benefit from his wisdom. Read this article to discover what I believe to be 4 important things when it comes to investing.

Category: Saving & Investing

 
Should you invest in property or shares? Why it pays to back the stock market

Should you invest in property or shares? Why it pays to back the stock market

March 13, 2022

When I started in financial planning back in 1995, the biggest obstacle I heard to investing was ‘I’m buying bricks and mortar, that’s my pension’. However, there are logical reasons why I believe equities make better investments than property, but we don’t buy with logic, we buy with emotions, justifying our decisions with the logic that will back up the choice we made.

Category: Saving & Investing

 
Should I be changing my portfolio considering the news?

Should I be changing my portfolio considering the news?

March 5, 2022

After touching record highs in early January, many world markets have pulled back from their highs, and investors have been confronted with worrisome headlines in the financial press regarding record inflation and more recently the Russian invasion of the Ukraine.

Is rising inflation and Russia’s invasion a negative for equity investors? Do large losses in a handful of popular stocks signal a downturn ahead for the broad market?

Category: Financial News & Events, Saving & Investing

 
A better tomorrow depends on saving today

A better tomorrow depends on saving today

February 12, 2022

How much is enough for you to retire? What’s your number? None of us are getting any younger and time flies faster as we age, so it’s important to plan ahead for retirement, a period of our life that could last 40 years. My wife gets frustrated with me when I spend more time planning […]

Category: Retirement & Pensions, Saving & Investing

 
Shifting to a positive investing outlook

Shifting to a positive investing outlook

January 18, 2022

How would you feel if I were to ask you about the future? Are you optimistic, excited, worried, or simply unsure? In my annual letter that I sent to my clients in December, I expressed how optimistic and excited I am for the future and investing. Many have struggled financially during the pandemic, and they […]

Category: Saving & Investing

 
Making your savings work smarter

Making your savings work smarter

November 12, 2021

  How to make the most of your savings is an essential part of getting ahead financially, and it is especially true at a time when inflation is increasing.  It can be difficult to maintain the real buying power of your pounds. When you should use saving accounts instead of investing I have made no […]

Category: Saving & Investing

 
So you want to become a millionaire!

So you want to become a millionaire!

November 5, 2021

Do you want to be a millionaire? That is a great goal, but maybe it seems too far off in the distance or too impossible for you to reach. You may have seen the success stories on TV and social media, but maybe those people inherited their money, had high-paying jobs, or hit it big with the lottery?

I have good news for you, you can become a millionaire and it has nothing to do with your family’s money or your education, it has everything to do with you. If you follow these principles, you will be on your way to becoming a millionaire.

Category: Financial Planning, Saving & Investing

 
Saving in a recession

Saving in a recession

October 22, 2021

In the triple-whammy of the pandemic, recession and Brexit uncertainty, you might be forgiven for thinking there was nothing to be done with your money if you’re in a position to save. But there is. 

Category: Saving & Investing

 
Is a little bit of Bitcoin in our futures?

Is a little bit of Bitcoin in our futures?

March 2, 2021

I am often asked questions about Bitcoin, and cryptocurrencies in general, on whether they make a good investment. Bitcoin is just one of over 4,000 different cryptocurrencies globally. While many of these cryptocurrencies have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and ‘investors’. So how do they work, and is it the future of investing?

Category: Saving & Investing

 
How to succeed at investing

How to succeed at investing

February 11, 2021

With most things in life, laying down good foundations creates a solid outcome. Investing is no different in that respect to building a house. Whatever you invest in, it’s essential to have your psychology aligned with what it is you are looking to achieve, to create a plan which aligns with your values, and to take action to achieve your goals.

Category: Saving & Investing

 
Investing in world economy over the next decade  – Tech-led revival plus green revolution

Investing in world economy over the next decade – Tech-led revival plus green revolution

February 5, 2021

Electric cars, Artificial Intelligence, virtual and augmented reality… the technology that’s in development now makes me excited about what we’re likely to see happen over the next decade. And that’s before you even consider the green revolution. This is all well and good, but how can you benefit from this boost in the economy and ride the wave into the next decade?

Category: Saving & Investing

 
Saving up doesn’t mean you need to be Scrooge

Saving up doesn’t mean you need to be Scrooge

December 18, 2020

I’m often told, “I don’t want to live like a miser now just so I can retire rich – I may never make it!” To which I reply, “I don’t want you to be a miser either… be a conscious spender instead”. Being a conscious spender is being frugal, not like being Scrooge. It’s not about denying yourself all of life’s pleasures. It’s about being aware of your outgoings and focusing on a few financial priorities. So what do we mean by frugal?

Category: Financial Planning, Saving & Investing

 
Compound Growth – The 8th Wonder of the World

Compound Growth – The 8th Wonder of the World

December 4, 2020

I was explaining to my staff at my financial planning firm Lexington Wealth this week about compound growth.  Compound growth is why the rich get richer, but it’s how you can get richer also.  Albert Einstein once said about compound growth ‘…it’s the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it’.

Category: Saving & Investing

 
Time is your financial future friend

Time is your financial future friend

October 30, 2020

Three significant events recently had me thinking about how quickly time passes.

In April 1988, the first Boeing 747-400 flight took place. The second event was the 30th anniversary of East and West Germany unifying. Finally, when Apple launched the iPhone 12, it took me back to June 2007 when the first iPhone was released.

Such events are good reminders that while our attention is often on our present worries, like paying the bills and simply getting by, life marches on. Sometimes, we have to make decisions now to give ourselves a better future. Financially, that means investing. So what would have happened If I had invested during these milestones?

Category: Financial Planning, Retirement & Pensions, Saving & Investing

 
Property Investing: is it worth it?

Property Investing: is it worth it?

October 9, 2020

Brit’s are property lovers, we love to buy our home and whether we can afford it or not, we like to buy rental properties, we saw annual house price growth of 5% in September which seems to be the result of post-lockdown demand, which remains strong even in the shadow of economic uncertainty and rising unemployment. So what do the recent tax changes mean for you?

Category: Saving & Investing

 
What’s causing the 2020 gold rush?

What’s causing the 2020 gold rush?

August 21, 2020

Gold isn’t just something we like to wear, it’s also a commodity that’s traded by investors. And it’s in big demand: in 2020 alone, the price of gold is up over 30%, following a gain of nearly 18% in 2019. Those are significant returns. But why? What is causing the rise in the price of gold? here are some factors that could be considered.

Category: Saving & Investing

 
S&P 500 at a record high – so should we party like it’s 1999?

S&P 500 at a record high – so should we party like it’s 1999?

August 20, 2020

Where were you at the turn of the millennium? When the dot-com bubble burst? Well on Tuesday 18 August, the S&P 500 crept up by 0.23%. It was enough to bring the reading on the index to just above the previous high that it had hit nearly six months previously, on 19 February. In between those two peaks there was a fall of 33.9% to 23 March followed by a rally of 51.5%. The obvious question is why? The USA economy today is much less healthy – in all senses – than it was in February.

Category: Financial News & Events, Saving & Investing