Archive for the 'Financial Planning' Category

How much can I afford to lose?

How much can I afford to lose?

With markets continuing to have a torrid time and now the start of job losses in the tech sector, there is an increased level of worry for investors. Last year saw bumper returns for investors so this years volatility is somewhat of a shock for investors. Some are beginning to ask, how much can I […]

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The number myth

The number myth

Speaking with a new client last week, he told me that his colleague’s financial advisor said she needed €1 million in her pension at retirement. He wanted to know if he needed €1 million as well? I had no idea. He was a new client and I didn’t know enough about him and what he […]

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Using an expert to get better results

Using an expert to get better results

The gym I go to has boxing bags. I like doing a Boxing HIIT workout with them. It’s great cardio and I always feel great afterwards. But I don’t know how to box. When you see some of the other guys hitting the bags, you realise that there is a lot more to it than […]

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Are you just holding onto the can?

In an episode of The Simpsons, in an attempt to get a free can of Crystal Buzz Cola, Homer sticks his arm up the chute of a vending machine and it gets stuck. He ends up with his other arm stuck up the chute of the candy machine. Just before they are about to saw […]

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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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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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Important but rarely urgent

When I was reading the Pension Commissions report for last weeks article, I was struck (and angered) about how many pension reports and roadmaps I have read over the last number of years. Each on promised to do the same thing; address the looming pension crises that we all know is coming and getting closer […]

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I want a Tesla

I don’t really. I’m not into car and if I was going to splurge on a car I would buy a Porsche Panamera. But Tesla’s are the car to be seen in these days so lets go with a Tesla Model S. It’s not cheap to look so stylish and you can expect to pay almost […]

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Can you control your spending?

I’m just back from holidays in France. The chalet that we were staying in had a charcoal BBQ. I have always been a gas BBQ man and had never used a charcoal one. And given our BBQ at home is broken (left outside uncovered for too long!), I thought this was a good opportunity to […]

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How easily influenced are you?

There is an old sales trick where you go into the electrical store looking for a new tv. The salesman gets an idea of the size and type of tv you are looking for and shows you the most expensive model they have. He knows that most people will baulk at the price but that’s […]

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