Two dates for your finances
There are two dates that are on my radar in the next 80 days – and no, they are not my wife’s or mother’s birthdays. As a business owner or senior executive, you should also have them marked in your mental calendar because if you don’t get your act together, you and your family could lose out.
Reduce the possibility of investment losses by making this one change
Have you ever lost money on an investment? How did you react? Today I’m going to talk about the inevitability of losses, how to minimise them and one good thing that can come out of declaring a loss.
Top six questions you need to ask before you invest
Have you ever been on the receiving end of an investment proposal, whether it was at your behest or the banker or broker’s? You’re not alone if you came out of the meeting kicking yourself for not asking all the great questions that were an afterthought.
This morning, I’m giving you an investment checklist; the questions you should get answers to before making a decision about an opportunity.
Run for the hills when you pay off your mortgage
As AIB introduces Máire, another happy person who’s made it to the end of her mortgage, I wonder what the transition will be like from having no choice over where that money is going to having total discretion. Having been tied to a bank for 20 plus years, I only hope she hasn’t developed Stockholm Syndrome.
It’s not about up-sizing or down-sizing; it’s about right-sizing
I’ve written recently about downsizing later in life with the emphasis on there being a financial necessity for it. But you may not be in that situation. You may have an opportunity to design your future living arrangements to be just what you need. My message: start planning now.
LifeLoan on Liveline
How is it that every person who tells you about something they heard on Joe Duffy starts with “I don’t normally listen to Joe Duffy”?
I happened to hear part of the show recently and the listener’s story raised a couple of questions for me and, I think, will for you. The woman’s story was about how her parents had taken out a Bank of Ireland equity release loan in their later years, and the consequences it had for her.
The AIB IPO was never about value. It was always about risk.
Did you consider buying AIB shares? Today I’m going to share with you the two most important questions you need to ask when weighing up an investment decision, and neither one of them is ‘What’s the return?’.
A neighbour won the lotto last week
This week we look at what impact winning the lottery may have on our lives. We have all had *that* conversation: what would you do if you won the Lotto? We are faced with immediate financial decisions and a sense of urgency. I suggest we should apply that same sense of urgency to our own finances, regardless of a Lotto win.