Archive for 2022

Photo by Rainier Ridao on Unsplash

Stop looking and trust the process

I had a financial planning meeting with Bob last week. Going through his investments, he noticed they were up 7%. He was both delighted and surprised. How could this be with everything that is going on in the markets? Bob looks at his portfolio once a year when we update his plan. For the other […]

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Why we don’t like buy now pay later

Apple announced that they are getting into the “buy now pay later” (BNPL) market. For those of you who don’t know what this is, BNPL is a way for you to spread payments on purchases over a number of months. And we’re not talking about big purchases lie a car or household furniture. It can […]

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No one calls when their investment is doing too well

Two questions: 1. Imagine that you are richer by €20,000 than you are today and that you face a choice of two options: 1. Receive €5,000; or 2. A 50% chance to win €10,000 and a 50% chance to win nothing 2. Imagine that you are richer by €30,000 than you are today and that […]

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Tell me when?

There is a lot going on in the world at the moment. Inflation is out of control. Central banks are raising interest rates to try to combat it. This will reduce spending and growth, leading almost certainly to a recession. China is in lockdown again so the supply chain is impacted again. And there has […]

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Choose what is really important

Brian runs his own business and is very successful. He has made a lot of money. Growing up, he always want to own a Porsche and now he can afford one. So he bought one and it is ready to collect. So he has taken the day off work to pick up his new car […]

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Social media, the ultimate keeping up with the Joneses

Ever put up photos on social media of you at a fancy dinner or at a corporate event? Ever ask yourself the real reason why you did that? It isn’t to share the experience with your friends and family. It is to show them that you have something great. It could be touch line tickets […]

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Deemed disposal or real disposal?

A question arose recently about deemed disposal. Would it actually be better to pay the tax every 8 years and start anew than be subject the the deemed disposal? There are a number of factors that show the deemed disposal is better than real disposal every 8 years and immediately reinvesting. Tax and Returns There […]

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You won’t find Fire here

I read an article in The Irish Times about how the Fire movement is inspiring people to plan for retirement. Fire stands for Financial Independence Retire Early. It is a movement that started in the US and has grown in popularity in Europe too. Under its principles, people save large proportions of their salary each […]

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Dwelling house relief

With property prices on the rise, it is very easy for someone who inherits the family home to be faced with a Capital Acquisition Tax bill for inheriting the family home. The threshold for inheritance from parent to child is €335,000 and just €32,500 from another relative. If the family home was valued at €500,000, […]

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Warren Buffett’s shareholder letter 2021

Warren Buffett published his shareholder letter for 2021 back in February. As we have seen over the last few years, his letter has gotten shorter with less advice on investing and more focus on numbers and facts. There are still some nuggets of advice to take away. 3 ways to increase the value of your […]

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