Tony tackles this subject along with the five principles of investing everyone should know. Due to the complexity of the options it can be very confusing which route to take. Financial Advisors like Tony can help you navigate these options and guide you towards a solid investment plan based on your requirements, personality and goals. The following five principles will help you get on top of some of the key issues that affect everyone when they invest their money. KEY TAKEAWAYS Set investment go...
Mar 21, 2022•10 min•Ep. 70
Tony talks about how essential it is to take a regular overview of your finances and investments to identify if progress is continuing in line with your plan and your expectations. KEY TAKEAWAYS Having a financial review is a great way of taking a fresh look at your situation to see if circumstances have altered your money or, indeed, your own requirements and expectations. Examine your investments, assets, individual funds, shares, changes in risk and altered investment goals in detail. Conside...
Mar 14, 2022•8 min•Ep. 69
We know that no two people have identical financial circumstances, which is why it's essential you have a tailored financial planning solution in place and take real action on it. During times of market volatility it's important to resist backing out of the markets altogether, it is rarely the right thing to do. Tony details how a comprehensive financial plan can provide you with a focused design based on you and the life you want to live. KEY TAKEAWAYS Goal based financial planning enables inve...
Mar 07, 2022•8 min•Ep. 68
Whether you have a particular investment goal in mind or you are simply growing a retirement fund, it is important to understand risk. The likelihood of losing some or all of your original investment should be fully understood, as well as your tolerance for the level of risk you are willing to undertake. Tony talks about planning your investments while fully comprehending the risks involved. KEY TAKEAWAYS Higher risk investments often have greater returns but there is more chance of you losing y...
Feb 28, 2022•9 min•Ep. 67
Tony addresses questions on the current inflation situation and what to do when inflation soars. Is now the time to look for long term alternatives to cash? KEY TAKEAWAYS Inflation over time can be detrimental to those keeping large sums in cash, attracting interest at a low or zero rate. Savers with large amounts of cash should not be lulled into a false sense of security even if interest rates rise. The high inflation will definitely write off any benefit that could be gained from this. Invest...
Feb 21, 2022•6 min•Ep. 66
When investing in the stock market. Tony talks about how a long term view of the market, including holding a more diversified portfolio for a longer period of time, can create dividends even in the face of market volatility. Market corrections can be healthy and can result in even stronger returns in the future. KEY TAKEAWAYS It's time invested in the market and not the timing of the market that dictates long term returns. If you drop out of investment during a crisis you can often miss out on o...
Feb 14, 2022•7 min•Ep. 65
Planning of your investment goals is essential if you are going to stand a chance of achieving them. Gain an understanding of what you can afford now and what you hope to achieve in the future. Tony sets out what needs to be clear and precise for you to be able to reach the financial position you are aiming for. KEY TAKEAWAYS Consider factors such as your income, age and the future needs that you are addressing. When investing you are allocating your funds to an asset that you hope will grow ove...
Feb 07, 2022•12 min•Ep. 64
Depending very much on your financial situation, the decision to consolidate or transfer your pension funds can appear complex. Currently it is possible for people to have many pension at a time and you may want to simplify into one manageable arrangement. Tony details the factors you should be aware of before you make your decision. KEY TAKEAWAYS What kind of pensions do you currently have? Your current may have benefits that you could lose if you transfer out of the scheme. You may want to con...
Jan 31, 2022•11 min•Ep. 63
Many do not consider securing the services of a financial adviser but as Tony discusses in this week's show, planning for the future is far easier with the help of a professional. KEY TAKEAWAYS The reason we want to work with a financial adviser is so that we have professional guidance, and the best advice possible when it comes to our future. Many people find that they hit roadblocks or challenges when planning for their financial future. However, with the help of an expert, these can be avoide...
Jan 24, 2022•15 min•Ep. 62
As another tax year closes, it's important that we finalise our plans in order to make sure we reduce our tax bill where possible. In this episode, Tony talks you through the twelve ways in which you can make sure your affairs are in order. KEY TAKEAWAYS Reviewing your tax affairs at the beginning of the year will allow you the breathing space to make any allowable deductions available in order to minimise and mitigate your tax bill. Identify any tax planning opportunities. Personal circumstance...
Jan 17, 2022•15 min•Ep. 61
It's the new year, and there's no better time to begin planning for your financial year ahead. With this in mind, Tony is here this week to share his eight step plan for creating your very own personal financial plan! KEY TAKEAWAYS When considering your financial wellbeing, it is crucial to have a clear sense of what you want from life, and use this to create a comprehensive financial plan. Creating a budget can seem daunting, but can act as a vital signpost for your financial year ahead. Buildi...
Jan 10, 2022•9 min•Ep. 60
Tony discusses cashflows - why it's vital that you manage them effectively - and how they can help you to create a picture of your finances, now and in the future. KEY TAKEAWAYS Cashflow modelling is used to calculate how your income, expenditure, investments and savings may be distributed over time. The detailed picture of your assets should include your investments, liabilities, income and expenditure, which are projected forward year-by-year using calculated rates of growth, inflation, income...
Jan 03, 2022•9 min•Ep. 59
This week, Tony discusses the importance of visualising the future you wish to lead, so that you can live the life of your dreams and pass on your wealth successfully, leaving a legacy for those you love. KEY TAKEAWAYS Financial challenges can come in the form of unnecessary fears and worries about what might happen next. They can stop us from achieving happiness. Visualisation allows us the luxury of seeing the things we desire most. Financial wellbeing comes from reaching a sense of security a...
Dec 27, 2021•19 min•Ep. 58
As the new year approaches, it might be time to start a whole new way of thinking when it comes to your investments. In this episode, Tony talks you through some of the resolutions you could consider in order to make sure that 2022 is as profitable for you as possible. KEY TAKEAWAYS You must not just set resolutions but stick to them! Make decisions now and adhere to the outcomes you're hoping to achieve. A personal lifestyle financial plan is now more important than ever. In difficult economic ...
Dec 20, 2021•18 min•Ep. 57
In this week's show, Tony explores the topic of phased retirement, a course of action being considered by many in the wake of the pandemic and its effects upon our financial futures, and talks about why it may be a viable option for you. KEY TAKEAWAYS Retirement often arrives in people's lives suddenly, and can create a sense of disorientation. After all, many have been working every week for decades. Many are now taking flexible retirement or continuing to work on a part time basis. Some are ev...
Dec 13, 2021•7 min•Ep. 56
This week, Tony take the opportunity to bust a number of myths surrounding pensions - myths that may be holding you back from making informed decisions - so as to help you make more robust plans for the future ahead of you. KEY TAKEAWAYS The state pension is topped up by the additional state pension, which requires you to have at least 35 years on your national insurance records or contribution history. When it comes to employer pensions, your employer is usually required to pay a minimum of 3% ...
Dec 06, 2021•9 min•Ep. 55
In response to listener queries, Tony this week talks about early retirement - the impacts that the pandemic has had upon early retirement, and why early retirement might not be the dream scenario that many believe. KEY TAKEAWAYS An increasing number of people have been forced into early retirement due to the economic impact of the pandemic. Due to retiring early, pension pots have been accessed by a significant percentage of people looking to make ends meet. Create a budget for your retirement ...
Nov 29, 2021•12 min•Ep. 54
In this episode, Tony discusses retirement options made possible by pension freedoms - how the process has changed, and the potential benefits of taking part or all of your pension pot in order to better secure your future. KEY TAKEAWAYS When you reach the age of 55, you can access your pension pot. You can take some, or all. Some will be tax-free, but the rest will be taxable. Some use parts of their savings to purchase annuities, which can then be used to cover certain essentials, such as mort...
Nov 22, 2021•12 min•Ep. 53
This week, Tony talks about the lifetime allowance, and explains how you can gain more assurance about the savings you've been accruing throughout your life so far. KEY TAKEAWAYS If you've been saving into a pension throughout your life, you should be allowed to feel confident about the future you've been saving for. The government will maintain the current lifetime allowance until April 2026, removing the usual annual incremental rises. The lifetime allowance is a limit on the amount you can wi...
Nov 15, 2021•7 min•Ep. 52
While retirement may be a time of anxiety for many, as Tony explains in this week's episode, we should be upbeat, and look at the many positives, including tax reliefs and lifetime limits. KEY TAKEAWAYS Pensions enable you to grow your retirement savings largely free of tax, as well as providing tax relief on the contributions you make. All of your pensions, including workplace pensions, count towards your lifetime allowance with the exception of the state pension and overseas pensions. BEST MOM...
Nov 08, 2021•10 min•Ep. 51
In his continuing look at the ways in which retirement plans are set to change, Tony discusses how best to ensure that your future is taken care of, and how to ensure that our financial future is assured. KEY TAKEAWAYS When looking to retire, the most important factor is to consider whether you have enough money to live comfortably. Retirements can often last for around 30 years. It's vital to look at he reserves we have along with any income, and ensure we're well taken care of. Always keep tra...
Oct 10, 2021•14 min•Ep. 50
Tony discusses the ways in which retirement plans have changed, how best to ensure that your future is taken care of, and how the later chapters in our lives will look different in years to come. KEY TAKEAWAYS It's always important to consider that retirement affects not just ourselves, but those around us - from children to spouses. All plans should be made with not just ourselves in mind. The purpose of a pension is to provide us with enough to live on after our working years, but this has cha...
Oct 03, 2021•14 min•Ep. 49
This week, Tony talks you through the six principles of investing, designed to help you put aside money in order to help with your future, and to ensure that your money works effectively for you. KEY TAKEAWAYS Creating and maintaining the right investment strategy plays a vital role in securing your financial future. Establish your investment objectives first of all, and base them on your financial goals for the future. A sound financial plan will ensure that you don't simply have to hope for th...
Sep 26, 2021•10 min•Ep. 48
Tony talks to Alina Timofeeva, a multi-award-winning specialist in cloud and data, and whose clients have included the likes of JP Morgan, HSBC and Santander, about her incredible success, her business journey so far, and how she has used her position to see to it that others in the sector get a chance to carve out their own career paths. KEY TAKEAWAYS Alina's background led to her questioning the status quo and wondering if her own path in life could be different from the one that society expec...
Sep 19, 2021•33 min•Ep. 47
This week, Tony is joined by Jeff Hancock, a crypto expert, and co-founder and CEO of Coinpass, one of the UK's fastest-growing cryptocurrency exchange and investment platforms. Jeff talks to Tony about his business journey, Coinpass as a platform, and how you can invest in cryptocurrency in a safe and secure way. KEY TAKEAWAYS The world of cryptocurrency has changed dramatically. The UI involved is becoming far simpler to navigate, and risks can be mitigated if guidance is followed. Crypto serv...
Aug 29, 2021•47 min•Ep. 46
Tony is joined by Morgana Rae, an international best-selling author, mentor and coach, who specialises in helping others to better understand and cultivate their relationship with money. Morgana talks about her background and how she developed her own relationship with money, as well as the importance of polarity when it comes to creating dramatic change in life. KEY TAKEAWAYS Failure and struggle aren't always a dead end. Sometimes they point us towards other pathways and opportunities that can...
Aug 22, 2021•57 min•Ep. 45
This week, Tony talks to EZ Csolkovits, the founder of the Givers university, which teaches people how to increase their happiness, freedom and greatness, through personal, business, social and family development EA discusses his fascinating story and incredible achievements in life, how to succeed in business and life, and talks about the fascinating work he does with the Givers University. KEY TAKEAWAYS One of the main challenges we have in life and business is that as our level of expertise i...
Aug 08, 2021•48 min•Ep. 44
This week, Tony talks to Marvin Storm, founder of the Business Exit Stories Podcast and author of the book 'Pack Your Parachute - How To Double The Amount Of Money You Put In Your Pocket When You Sell Your Business' Marvin discusses the ways in which you can ensure you achieve a far higher return on the sale of your business when the time comes, and make sure that your financial future is in much better shape as a result. KEY TAKEAWAYS Every entrepreneur has to, at some point in their journey, c...
Aug 01, 2021•46 min•Ep. 43
This week, Tony is in conversation with Dr Clemen Chiang, a National Research Foundation Of Singapore-backed author, fintech entrepreneur, and founder of the Millenial trading platform, Spiking. Dr Chiang discusses the importance of setting goals, how an analytical mind can serve you, and how we can build our psychological fortitude when it comes to investing. KEY TAKEAWAYS Setting audacious goals helps us to psychologically realise them. By aiming high, we work harder in order to hit those targ...
Jul 25, 2021•39 min•Ep. 42
This week, Tony is joined by David Mulonas, a published author and project manager in the IT sector, who along with his wife, Cindy, hosts an extraordinary personal finance podcast entitled 'Something On My Mind', providing a fresh take on personal finance tips, budgeting, debt management and investing principles. David joins Tony to discuss the principles upon which he and Cindy have established their successful personal finance brand, how to establish your own place in the sector, and why purp...
Jul 18, 2021•54 min•Ep. 41
