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Innovative Finance ISA allows you to use some of, or all, your ISA tax-free allowance to invest with a variety of lending platforms. In the same tax year, ending on 5 April, you can invest in one Cash ISA, one Stocks, and Shares ISA and one IFISA. IFISA, on the…
Photo by Harli Marten on Unsplash Research shows an average retired couple in the UK spends £26,000 annually to retire comfortably. How much do you need to retire comfortably depends on the life you want in retirement? Estimate how much money do you need to retire comfortably by estimating your…
In this post: · I analyse our savings and investments in 2018; · Share the structure of our investment portfolio; and · Explain the rationale for my investing decisions. I already looked at, and reported on, our earnings, spending and cash flow during 2018. We provided a blueprint for following…
This guide to ISA will help you learn: What is an ISA? What ISAs you can choose from? Why you should open an ISA immediately? How to select the best ISA for you? What are the little known rules of ISA you must hear about? I’m chilling, soaking in…
I’m writing this in support of the ‘Your Pension, Your Choice’ campaign to allow people in the UK who retired before April 2015 the same ‘pension freedoms’ afforded to retirees after this date. I suppose I’ll have to do a bit of explaining here; goodness knows that deciding on whether…
I really thought that I know the ISA rules inside out. Until last night, I was messing around on the internet, as you do, and found something that surprised me. Hence, decided to double-check some of the rules of ISA – the end of the tax year is rapidly approaching,…
Three weeks ago, I maxed my investing in stocks and shares ISA; John maxed his as well. “What? You invested in the stock market now, when the index is jumping up and down like an over-excited puppy?” – you may think. Yes, friend. This is exactly what we did….
There was some news about personal finance for women that broke just in time for International Women’s Day. It turns out the main finding of a study analysing 300 personal finance articles was that 90% of the ones directed to women were about ‘reigning in’ spending while 70% of the…
In days past, men were seen as the primary online investors.They still are the main investors – women have many excuses not to do so.. And while investing tips for women are not enough – they also need examples and inspiration – here we focus on providing some pointers. According…
You know that The Money Principle is known for honesty and openness on all things money. Here you can read about our mistakes, our smart money moves and our outright silliness. So, you can believe me when I tell you that our investment return during the first week of 2018…
Because it is always better to build a house, including your money house, on solid foundations today I’ll be reviewing the performance of our investments in 2017. Previously, as part of my annual review, I used to update you on our health, wealth and successes during the year. This time,…
In this article, I share 10 important investment lessons I learned from Tony Robbins. In brief, the top investment lessons are: Bear markets are your best friends; Watch fees, charges and tax like a hawk; Think about potential loss before you think about potential gain; Master the ‘asymmetry of risk/reward’…