When it comes to investing, I reckon most of us have a pretty deluded view of how much risk we’re prepared to take in the chase for better returns. In my case, I learnt a damn hard lesson that your choices must always be properly thought through with the long-term goal in mind.
27/03/2017 / Read Story
When I got the royal hoof from my employer at the end of 2014, they had the grace to give me a year’s worth of salary. Since I had not withdrawn my allowed tax-free lump sum from my pension -- instead simply transferring the whole amount to a PSG Konsult living annuity -- I received a nice, untaxed, wad of investable cash.To play it safe with my cashflow, I immediately transferred a sum equal to 12 months of mortgage repayments into my bond. What I had left, I invested with the Purple Group.
16/03/2017 / Read Story
There are two big cons to being a financial journalist. After 15 years of listening to experts and analysing their performance, you fool yourself into believing you’re an expert too. The second drawback is you’re never paid enough to put into practice your investment “expertise”, particularly if you’ve got kids and a mortgage. (This was long before EasyEquities when I would gladly have had a punt, burnt my fingers, and learnt from some real-life experience.)
14/03/2017 / Read Story