Watch Next: https://youtu.be/P9y63shSPfY?si=fuzvNa0iCc08_e6- Financial Planning I am a Chartered Wealth Manager and …
source
Watch Next: https://youtu.be/P9y63shSPfY?si=fuzvNa0iCc08_e6- Financial Planning I am a Chartered Wealth Manager and …
source
Input your search keywords and press Enter.
21 comments
Would you change this order based on your personal circumstances? Let me know how and why.
Time: 3:20 [ LOL, when I'm dead screw first the GOV I won't lose sleep and or roll over in my grave lol.
Secondly, if there are bills not paid, whom ever does get whatever I left pay debt, then if anything is left have a "Party".
Great video! The one I send to family and friends when they ask where to start…
Isnt a stocks and shares isa pretty bad right now, I mean like with index funds. i've heard some, goldman sachs etc, are predicting quite low (3%) returns over the next decade because of how overpriced everything is right now especially us stocks, i think i'll pay my mortgages off first as the rates are going up and its getting more risky if they go any higher.
Awesome video, thank you for sharing!
7%… "There are no investments that can beat this reliably" 😂😂😂
What if you are a solo entrepreneur? How can take advantage of pensions?
How do you insure tail risk on a large pension pot?
Also another comment to why to do investments instead of paying off mortage: I have no intention of paying off my mortage – in fact I would like to borrow a lot of money in it and live off of it. In Denmark where I live it can be hard getting a mortage to have money to 'live off' as you get above 5o, so an alternative it to do savings via investments instead of paying off the mortage.
Is there a minimum limit of money you have to invest in order to work with a professional advisor?
Outstanding explanation.
Is the chart suggesting maximising ISAs 1st before contributing to SIPPs?
You have inspired me to think about getting into the industry of financial advising/planner. Where would you recommend to start as my qualifications and work history is completely unrelated
This video made me realise how happy i am to be a citizen of The Netherlands
How do I find this guy but for Australia?
Literally zero of this is how wealthy people become wealthy.
To become wealthy, you leverage on cheap debt (~2%) to buy assets (like homes) to benefit from M2 money supply expanding (thus increasing the value of said homes).
Risk-assets like tech stocks are pretty good to buy right after a recession, as interest rates hit zero percent (because that's highly stimulative). Bitcoin is surprisingly non-risky from a protocol point of view, despite the volatility.
You can absolutely beat 7%/year. The Federal Reserve, Bank of England, European Central Bank, etc. are encouraging people to take as much risk as possible.
So I have 12k debt. 3k is on interest free. The rest on a loan at 6.1%. So I should build a 3-9 month emergency fund before I look to tackle that debt?? As in make overpayments.
0:45 ok, following this picture, you’d be stuck at Tier2, Tier3 max all your life and never get to the actual investment Tiers. So guys do not follow this linear approach, these are all valid instruments but should be considered all at the same time in parallel and tailored to your circumstances. Do not put off things at ‘Tier 4’ till you are 100 years of age.
I paid off the mortgage first, which was the most stupid thing anyone can ever do, but I wanted to boast to all my friends I had no mortgage. Now at retirement age, they have million pound pension pots and 5 to 10 BTL properties and mine is laughably small.
Don't be a loser, invest, invest, invest, forget your mortgage debts.
@JamesShack what are your thoughts on investing offshore in a country with no tax eg. in a GIA in Bahamas, instead of an offshore bond, where you will pay income tax at the end?
@JamesShack what are your thoughts on investing offshore in a country with no tax eg. in a GIA in Bahamas, instead of an offshore bond, where you will pay income tax at the end?