If deposit rates are going to remain at zero, what are your options?

If deposit rates are going to remain at zero, what are your options?

This week I am sharing a question that I answered for a reader in the Sunday Independent at the weekend. This person has money to invest but is finding it hard to take the plunge. I hope I’ve helped him make a decision because while he hesitates, inflation is eating away at his cash.

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Thanks Dad, you just cost me my retirement

Thanks Dad, you just cost me my retirement

We tend to worry about the wrong things when it comes to investing. Today, I’m sharing with you a story of how a well meaning dad’s advice has cost his son €500,000 in retirement.

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Why it’s incredible that goal-based financial planning isn’t a huge thing

Why it’s incredible that goal-based financial planning isn’t a huge thing

The complaint from many people back in the noughties was “we were just drifting along and didn’t give much consideration to the future because we were so busy”. If that was you, then do me a favour and identify a goal you can remain focused on long term. Goals-based financial planning works. Here’s why.

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7 reasons to walk away from an investment opportunity

7 reasons to walk away from an investment opportunity

Rather than living to regret past decisions, actively seek out investment opportunities that tally with your financial objectives. Here’s a handy checklist that should keep you on track when assessing the ‘suitability’ of certain types of investments.

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You’re about to get mauled by the tiger. Here’s how to prevent it

You’re about to get mauled by the tiger. Here’s how to prevent it

Tigers are very impressive animals, but I’d never want to train them for a variety of reasons. But believe it or not, investments have similar characteristics to the big toothed feline.

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The calm before the storm

The calm before the storm

You might be forgiven for thinking that you need to be a mathematician, actuary or a magician to properly assess investment opportunities. This week’s blog probably won’t do much to persuade you otherwise, but you will at least find out what I’ve been reading this week.

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Even poor investments are starting to look good

Even poor investments are starting to look good

The Central Bank’s new rules announced yesterday should bring some more confidence to the broker community. While we are waiting for that to happen, there is a fee-only financial planner here to guide you on meeting your investment objectives.

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Enda Kenny’s ‘number’ on retirement was €3 million, what’s yours?

Enda Kenny’s ‘number’ on retirement was €3 million, what’s yours?

Did you hear that on retirement our Taoiseach Enda Kenny will get a pension worth €3 million? If you’re anything like me, you’ll be comparing that figure to your own. This week, I’ll explain why it really doesn’t matter what he or anybody else retires on, even you, unless you know one very important thing.

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The answers to the questions that keep us awake

The answers to the questions that keep us awake

This week I’m looking at insomnia and how to cure it… I’m only half joking. The great retirement questions can keep us awake at night and yet the answers are really quite simple. Read on.

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A little more transparency can enhance relationships

A little more transparency can enhance relationships

Liam, now a retired medic, lived and worked in North Carolina for most of his adult life. He got a call from his financial planner one day. His planner told him it was time to be transparent about his estate. When I spoke to Liam recently, he stated that the meeting proved to enhance already good relationships with some family, and teased out any underlying tension with others. Think about your approach to family today.

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