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.

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Increased Standards in Financial Services Start With You

Increased Standards in Financial Services Start With You

I came across a case two and a half years ago that crystallised my view that the financial services industry is made up of product sellers acting in their paymasters interests in the first instance. Let me tell you about Peter, who got a 20-minute meeting with a broker about one of the most important decisions in his life. Nothing has changed in my mind since then. Stick with this, it’s a long one today.

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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.

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Intergenerational tax bills are an actual thing. Do something about yours.

Intergenerational tax bills are an actual thing. Do something about yours.

Have your parents talked about leaving money to your children? Perhaps you’re a (young) grandparent yourself and are thinking about how you might help your grandchildren on their way. This week’s supplement suggests a way to make sure the grandchild benefits more than the taxman. If you have any questions, get in touch with me tomorrow.

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Reduce the possibility of investment losses by making this one change

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.

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Top six questions you need to ask before you invest

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.

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The AIB IPO was never about value. It was always about risk.

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?’.

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The Precarious Nature of Buy-to-Let

The Precarious Nature of Buy-to-Let

This week, in answering the question ‘Is buy-to-let right for you?’, I tell you about my sorry experience with it. Looking back, I can’t understand why I didn’t get proper advice for such a major investment. The good news is you can learn from my mistakes, and maybe even your own.

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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?

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Tell me about your investment philosophy

Tell me about your investment philosophy

It is vital to take control of your own investment philosophy. Don’t pay someone else to make investment decisions on your behalf based on their own beliefs and philosophies.

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