That old chestnut — if your money is neither invested nor earning interest then it is losing value — is sometimes a little hard to digest. It would be a lot easier if the figure you saw on your bank balance reflected your money’s purchasing power, because then we would all have more clarity. But….read more
“Matthew McConaughey’s broker in The Wolf of Wall Street, right, tells Leonardo DiCaprio that all he cares about is taking money from his clients” The financial advice sector is a bit of a smorgasbord. There are financial advisers, there are financial planners and there are brokers, all of whom provide financial guidance in one form….read more
Q: ‘The rent from a flat I let no longer covers my mortgage. Must I sell?’ I have a two-bed apartment in Dublin that I bought during the Celtic Tiger with a tracker mortgage that’s 1pc over the ECB rate. The property is in a Rent Pressure Zone and the monthly rental income is €1,500…..read more
Q: I’m 55 and I’ve had a significant portion of my pension savings invested in an equity portfolio for the last 15 years. This year, with volatility across the markets, my annual return has been negative. I had hoped to retire in ten years, so I am worried I will lose more of the savings….read more
Q: I’m 55 and I’ve had a significant portion of my pension savings invested in an equity portfolio for the last 15 years. This year, with volatility across the markets, my annual return has been negative. I had hoped to retire in ten years, so I am worried I will lose more of the savings….read more
Q I am working in the private sector on a modest salary but have always been careful with my money and able to manage quite well. However, I am starting to feel the pinch each month and can see my weekly shop going up all the time. Some experts are warning inflation could be more….read more
“We have two children, aged seven and nine. We have never set up a bank account for them, but their grandad wants to use the small gift exemption to give them money tax-free. He is going to give each of them €3,000 this year and possibly over the next few years. We do not intend….read more
