Complexity Does Not Add Value When Investing

Complexity Does Not Add Value When Investing

I had quite a reaction to Peter’s story last week, so much so that I thought I would look a little more deeply at the questions it raised and specifically at how a life company can afford to pay an intermediary €27,300 for Peter’s business. In so doing, I am touching on just one of the many conflicts of interest that are a feature of the financial services industry.

Read More

Beat the stockbroker at his own game

Beat the stockbroker at his own game

You may have noticed the absence of The Sunday Supplement on Sunday morning. We had a technical glitch, so here it is two days later! This week I explain why the stockbroker model for long term investing is flawed. If you have shares, or want to invest in shares, there is a far more fundamental thing you need to do before you open an account with one of the stockbroking firms in Dublin 2.

Read More

Lost at sea

Lost at sea

I talk a lot about the importance of clearly understanding your objectives when it comes to effectively managing your financial affairs. Sometimes though, we cling to a goal without really thinking it through. We may not give any thought to what achieving this goal will actually do for us. This morning I’m sharing a simple story I came across, which illustrates the benefits of thinking through goals.

Read More

7 signs it’s not the time to retire

7 signs it’s not the time to retire

Don’t pack it all in just yet. Hitting retirement age doesn’t necessarily mean it is in your best interest to retire. Here are 7 reasons it may be better to stay in the rat race a little longer.

Read More

Crazy enough to change the world?

Crazy enough to change the world?

I was one of nine children so there was no such thing as food waste in my house growing up. That’s why I was shocked by Sylvia Thompson’s article in The Irish Times a couple of weekends ago. Ireland’s food culture has changed dramatically since the eighties. Households and businesses are literally just throwing money away every year. According to Thompson’s article, it’s easier to waste food than to give it away. In an age where global malnourishment affects millions and our natural resources are being strained to capacity, why do we Irish feel it is acceptable to waste this precious life-sustaining resource?

Read More

Adviser or salesperson?

Adviser or salesperson?

Today I’m going to tell you an all-too-familiar story that proves that the adage caveat emptor – buyer beware – applies to financial products as much as to physical goods.

Read More

A neighbour won the lotto last week

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.

Read More

Why you’re accidentally planning for failure

Why you’re accidentally planning for failure

This week I ask: is your wife right to be frustrated with your lack of a coherent financial strategy? It’s not too late to put an end to the underlying tensions and get your house in order

Read More

Three top tips to managing your financial affairs

Three top tips to managing your financial affairs

This week, two things to watch out for when considering an investment and a piece of advice that you probably would not expect to hear from me.

Read More

If your finances are on autopilot, this is one of the main symptoms

If your finances are on autopilot, this is one of the main symptoms

If you have shares in one company for whatever the reason – a tip-off from someone you trust, an inheritance or gift – ask yourself honestly – are they anything more than a niggle?

Read More

Sign Up For Our Newsletter Today

Keep up-to-date with personal finance matters