Steven Barrett's Archive

Buying into the journey

Some of you may be aware that I am a supporter of Liverpool Football Club 😉. At the time of writing (Thursday morning), they are second in the league on goal difference to Arsenal after dropping two points away to mid table strugglers Manchester United last weekend. Manchester City are just one point behind. They […]

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Enjoy your kid's achievements with them

Enjoy your kid’s achievements with them

My daughter is in 1st year and plays hockey with her school. They had their league quarterfinal recently. It was on a Tuesday at 3pm. I had a busy week that week but it meant a lot to her that someone was there. My wife doesn’t have the flexibility to get away but working for […]

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Pension lifestyling

Pension Lifestyling

Pension scheme trustees have to pick a default investment strategy for their members. This is supposed to be a prudent investment strategy that your average Joe can invest in without too much worries. It used to be the Balanced Managed fund up until the great financial crises. In 2008 alone, we saw the average Balanced […]

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Eating BBQ in Texas

“After turning 35, men must make a decision; to either get really into World War 2 history, or really into smoking various meats”. While I do own an unread copy of The Rise and Fall of the Third Reich, barbecuing is my thing. I am still very much a novice and have a lot to […]

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Here comes the overvalued brigade

The stock market is doing well again, which is a positive for most investors. The end of 2023 saw a surge in valuations and this has continued into 2024, so far. But not everyone is happy. Those who continually sit on the side lines, pointing out that the market is overpriced and is due a […]

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You can't sell half a room

You can’t sell half a room

People in Ireland really love property. It Despite all the horror stories of people being stuck in negative equity on properties bought in Celtic Tiger for years and many of them never getting back to their original price, many still prefer to buy a property on a little island on the outer edge of Europe. […]

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Time to increase the Standard Fund threshold

You used to be able to have as big a pension pot as you wanted/ could afford. In 2005, a cap of €5 million was introduced. It was increased to €5,418,085 in 2008 before being reduced to €2.3 million in 2010 and then down to €2 million in 2014. It hasn’t changed since. In December […]

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Losing weight and building wealth

Losing weight and building wealth

The new year is a time when lots of people make resolutions for lots of people. The most common one for people is to lose weight. Another one is to get your finances in order. And belief it or not, the two have a lot in common. Always be checking When you are trying to […]

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Salary Sacrifice

Salary Sacrifice

There are often situations where an employee would prefer their bonus to be redirected into something more tax advantageous to them, such as their pension. With the removal of pension funding limits on employer contributions into PRSAs, this has come more to the fore recently. The Revenue are wise to any of the tricks that […]

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Being normal

Being normal

Last Friday morning, Jürgen Klopp dropped the bombshell that he will be stepping down as manager of Liverpool Football Club at the end of the season. He gave an in-depth interview for the club’s tv channel for his reasons for leaving. Even if you don’t follow Liverpool Football Club or aren’t interested in football, it […]

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