News & Articles

 

Market Correction

The stock market returned 30.98% in 2021. It was a modest 6.25% in 2020 but given the global economy effectively shut down that year, who can complain? 2019 saw returns of 29.91%. In fact, in the last 10 years, there was only one negative year, 2018, when the market was down -4.26% for the year. […]

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Being tax efficient with the standard will

A standard will is pretty straight forward; assets go to the surviving spouse and after that, it is split evenly to the children. This is standard fare and parents don’t want their children to fall out by one getting more than the others. While it is fair that the assets are evenly split, it does […]

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Habit of a lifetime

As a financial advisor, I talk to all sorts of people about their money. Not all my clients are High Net Worth (a term often misapply to people who are high income earners but not wealthy) and I work with a lot of people who work hard, whether through running their own business or through […]

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There for the grace of god

There is a load of noise on social media about a girl called Molly Mae. I’d never heard of her before. She is an influencer and was on Love Island. She is doing well for herself these days and gave a tone deaf interview saying we all have the same 24 hours in the day […]

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Sequence Risk

When we think about investment returns, we think of long term averages. It doesn’t work like that though with returns varying from year to year. If you are assuming a 6% annualised return, there will be years of double digit returns but also years of negative returns. This is fine when contributing to your pension. […]

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Would you like 24 hour trading?

The New York Stock Exchange is open from the hours of 09:30 to 16:00, Monday to Friday. Likewise, the Irish stock exchange is open from 08:00 to 16:30, Monday to Friday, the same times as the London Stock Exchange. This gives both professional and retail investors plenty of time off when they don’t have to […]

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Inflation

Inflation is the big worry at present. It is the one of the republican’s main talking points ahead of the mid term elections next year. High inflation should not be a surprise to anyone. Afterall, Central Banks have been printing money since Covid 19 started. It was this quick action that resulted in the markets […]

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How to increase the allowable size of your pension pot

The maximum pension pot anyone is allowed to have is €2 million. If you go over that, you get hit with some pretty penal taxes which can leave a bitter taste (you’ll be talking about the massive tax bill you got on retiring for the rest of your life). But not everyone is entitled to […]

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Have we already had the 10 year crash?

We are watching the 100 Foot Wave on Sky at the moment. For those of us of a certain vintage, the first thing you think of when watching a programme about riding the ultimate wave is Bodhi and the 50 year storm in Point Break. That one big event that happens every 50 years. In […]

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Changing bank accounts

I am one of Ulster Bank’s 1.1 million customers. My wife and I have our household account with them, so we have to move our account at some point. I was going to leave it until the last minute but Brendan Burgess of askaboutmoney.com told me that there will be chaos with people trying to […]

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