Call us today! 041-9888043

Blog

Blog117: How Long Will My ARF Last?

Welcome to Ireland's #1 Finance Blog! How long will my ARF Income last? This week we continue our analysis of how we can actually go about drawing and maximising our pension and ARF incomes when we reach the age where we start to 'spend' instead of 'accumulate' our money. For me at least this is the fun...

Blog113: A Life-Changing Sum Of Money

Welcome back to Informed Decisions with me, Paddy Delaney! A couple of weeks ago I mentioned that the coming 'season' would be focused on how to prepare for and importantly, navigate our incomes in retirement. It's not that I am breaking a promise but this week I want to take a very slight diversion from that,...

Blog112: The Spice Girls – 20 Years Of Inflation

Financial Planning in Ireland is on the up. Based on my experience at least, Planning is what people really really want. They may NEED a product to help them achieve their plan, maybe. But they want a plan first and foremost. They want to know that they will be OK financially, that they can afford...

Blog111: How To Reduce Inheritance Tax

Inheritance tax planning is most certainly a balancing act, is fraught with concerns and challenges, and is one that I see individuals struggling with quite often. When you die you may want your estate to pass to your children or other loved-ones but them having to potentially pay a significant % of the estate in...

Blog110: 5 Common Retirement Planning Mistakes To Avoid

ARFs, AMRFs, AVCs, Annuities all form part of retirement planning, but as usual there's far more to it than products! Welcome back to Informed Decisions Finance Blog. As part of my own motive to share information and to help others with their financial education I am a volunteer representative of the CCPC (State body that aims...

Blog109: How To Build A Pension Pot Of €1m?

This week I am sharing some thinking and insights about building a substantial pension pot. We'll explore the impact of time, fees and your 'asset allocation' on the potential pot you can enjoy in years to come......so buckle in! Intro: It's been mentioned by a handful of people that the topics of the Blog tend to be...

Blog108: Beware This Killer Bias

This week I share a short (but hopefully valuable) piece to raise awareness of something that impacts us all and how we make decisions, and often without us even being aware of it! What Are Biases? If you were shown a photo of 2 different people, based on their appearance,...

Blog107: Diversification Vs Asset Allocation…..

This week we are going to explore two concepts, 'Diversification' and 'Asset Allocation' which can have significant impact on investment success over the long term, and which are shrouded in mystery and often misunderstood. We are going to tell it like it is, share some insights which may surprise you, and give you some food...

Blog 106: The Best Way To Invest €500,000??

If I come across another 'Best Investments For 2019' or 'Best place to invest €100,000' article I will lose the plot. Reason being that, just like the title of this blog, these articles really are just another form of click-bait. As we all will know, even if we didn't, click-bait is merely a hook with...

Blog105: Why We Are Rubbish At Investing

Investors are said to achieve far less in returns than the markets in which they invest. How is that possible you may ask? Typically it is down to investor behaviour. Investors get blamed for doing silly things when it comes to investing, however my take is that it is the financial professionals who must shoulder...

Blog104: Retirement Relief In Ireland?

Welcome back! 'Relief' is an interesting word. If we were to tell someone that we are going to 'relieve myself' it can strike up all sorts of suggestions! Apparently it comes from the Latin 'relevare' which meant 'to alleviate'. In this instance Retirement Relief is all about 'relevare', and to 'relevare' oneself from a burdensome...

Blog103: What If My Funds Don’t Perform….?

Hope all is well?! Last week we shared some ideas on the best way to accumulate €1m, and whether a deposit regular savings account or a pension route might be the most effective way of doing it. We analysed these two routes and factored in deposit rates, pension fund returns, fees and charges and various...

Blog100: What To Do With An Inheritance?

'What should I do with an inheritance' or 'How to invest an inheritance' are questions we might never hope to need to consider but many are forced to answer every year here in Ireland. This week in Ireland's award-winning and unbiased finance Blog & Podcast I hope share some insights which might be of value...

Blog99: Annual Declines Of -13.9%

Welcome back to the new home of Personal Finance in Ireland, where we share insights which we hope help you to avoid mistakes and achieve the results you seek. All we ask in return for sharing these ideas is to tell a friend, and use the ideas with the intention in which they are shared,...

Blog97: Should I Invest Now Or Wait For A Crash?

Hey there and welcome back to Ireland's #1 personal finance blog. This week we are exploring what is quite a common challenge for people, the decisions about investing a lump sum now or waiting for markets to fall or crash. Funnily this is not usually a challenge for would-be investors when markets are calm and...

Blog96: Best Ways To Get Financial Advice In Ireland?

Hey there, it's great to be back after a few weeks of rest over the Christmas, it was probably good for all of us to have a break from listening to me! Anyway, very excited about developing what we are doing here, growing the community, and helping more people get the information they need to...

Blog95: A Wolf In Sheep-Clothing

Welcome back to Ireland's independent & award winning Financial Planning Blog & Podcast. We don't claim to be perfect but we have been creating and sharing ideas here on the podcast for the past 2 years and are on a mission to help people of Ireland (& beyond!) to make decisions which benefit them in...

Blog94: Is ‘Entrepreneur Relief’ Any Use To Me??

Welcome back to Ireland's award winning & straight-talking finance blog & podcast, where we are on a mission to share ideas and information that hopefully helps you make decisions that delivers long term results for you. Thanks for the lovely reaction to last weeks' episode, I certainly enjoyed sharing the story! This weeks' topic is...

Blog93: Congregation2018: Beware The Lizard-Brain

Welcome back to Ireland's award-winning Finance Blog where we are on a mission to share ideas that will have a lasting and positive impact for you. This week were are sharing something a little different, and hope that it hits the mark, that it perhaps gets you thinking and perhaps even encourages you to do...

Blog92: Should I Join My Company’s Pension Scheme?

It was in conversation with a friend recently, who has just started working for a new company, that I was asked if I believed it makes any sense to join a pension scheme offered by an employer. He was told that if he put 4% of gross salary into his pension that the employer would...

Blog91: Ways To Beat Sequence-Risk….Possibly!

BlackRock Investment Managers conduct an annual piece of research (in the US) of around 30,000 individuals and get their sentiment and preparation for retirement. Obviously it is heavily slanted to the financial. One of the surprising things, for me at least, was that the #1 concern for the majority of respondents was not health or...

Blog89: Procrastinate Later…..

'I'm not a procrastinator, I just prefer doing everything in a dead-line induced panic!'......Honest words shared with me by an acquaintance recently. And to be fair it totally struck a chord with me, as a former repeat procrastinator it sounded so accurate a description of the logic a procrastinator uses to rationalise their behaviour (or...

Blog88: ‘Budgety McBudget-Face’ 2019

In 2016 The Natural Environment Research Council in the UK invited the public to name their latest scientific research vessel, which was costing £200m. This vessel was going to be doing (and currently is doing) really insightful and exploratory work, making new discoveries and so on. Really important, noble and global research for the good...

Blog87: Why ‘Risk Questionnaires’ Are Dangerous….

If you have ever invested money in a fund or collective fund with a 3rd party, either through a pension or through an investment structure (product or platform) you will most likely have already completed a 'Risk Questionnaire' or 'Risk Survey'. It may have formed part of the bigger conversation about your investment goals, or...

Blog86: The State Pension & Swimming In The Nip!

Are you swimming in the nip dear reader? This week we share some ideas with you about a what the State Pension looks like currently, how much we might get, how we go about qualifying for it, and how the level of income we have from 'guaranteed sources' when we do retire determines how we can...

Blog85: Is Investing in EII A Viable Option?

This week we are finally getting round to a topic that has been on 'the list' for quite a while. One of the main benefits of pensions that 'the industry' of financial services harks on about a lot is the tax relief that is available on contributions, and that is certainly true. Having said that...

Blog 83: The 4% Rule

This week we are taking a closer look at the fabled '4% Rule' relating to drawing-down on investment or retirement pots. This particular 'rule' gets plenty of airtime in the US, UK and many other countries but from my own experience very few people here in Ireland seem to have heard of (even many advisors!)....

Blog82: When Simplicity Rewards Investors Handsomely……

In a meeting last week I was asked why my philosophy toward successful long term investing was so simplistic and boring. I was delighted! For context the people I was working with had understood me to have been in the financial planning profession for 13 years (correct) and that I was a 'finance expert' (marginally...

Blog81: Can A Couple Retire With €1m Pension Pot?

As a young boy growing up many years ago a million euros (or pounds as it was!)  always sounded like an inexorably large amount of money. If you had €1m you were officially a millionaire and were in our eyes elevated to a stratospheric status.......The same can't be said anymore though! While it no doubt...

Blog80: The Mexican Fisherman…..

Welcome to Ireland's only dedicated Financial Planning & Personal Finance Blog & Podcast. Last year we won the award of 'Ireland's Best Finance Blog'......we have re-entered that same competition again this year, and will hear how we get on over the coming couple of months.....this might just be akin to the 'difficult second...

Blog76: A Bid That Could Change Your Life…..!

Nobody likes to be suffering from something that they aren't aware of, particularly if it is a nasty and invasive something that has a long term impact on their well-being, & that could do so in a pretty significant way.......so this week we are going to explore and try to diagnose if anyone here is...

Blog75: Should I Own Bonds Now?

For decades Bonds have been touted as the elixir to an investors' nervous tendencies when investments hit volatility. If you look hard enough it will become clear that the only rationale for having Bonds in your investment portfolio is to help you cope when the market tanks again. Whether it is an existing pension fund...

Blog74: Beginning With The End In Mind……

If we were to take a close and honest look at it very many of us, I'm guessing, would admit that we have not given much if any consideration to where our journey in life might take us, or indeed where we WANT it to take us. For some reason we don't accept the fact...

Blog73: My Biggest Investment Lesson, So Far!

It is Blog 73, and it is my very first Blog as a self employed individual! In the 2 years that I have been writing and creating this content, this is the fist one that I am actually doing during the day on a Monday to Friday. It is the first time not writing either...

Blog71: Just Start…..Please!

This week we are trying to share a simple message, an appeal to you, one which we hope will help move things forward for you in a positive direction. When we procrastinate about or delay committing to positive action we will always manage to rationalise it in our own heads, always! We are masters at...

Blog 70: Small Cap Investing…….When Small Is Big!

Welcome back to Informed Decisions, Ireland's only dedicated Financial Planning Blog & Podcast. Hope you are winning! When it comes to investing there are many folks that have no interest in what they are investing in, provided it makes them a decent return and it doesn't disappear over-night! Others like to take a closer look at...

Buying Your First Home……The Pitfalls

We don't ever go out of our way to be pessimistic on this blog, in fact we tend to be quite the opposite, having a firm belief that optimism is the only valid way when it comes to investing. However, when it comes to borrowing, which as we all know is essentially the reverse...

Blog69: Should I Invest In Gold

"Gold gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around and guard it. It has no utility. Anyone watching from Mars would be scratching their head" Those remarks about the logic of owning gold as an investment were...

Blog68- A Last Resort……Section 72 Plans

In Blog 61 we mentioned Section 72 plans and said the following....These are creations of the Financial Services industry endorsed by the Revenue and are sold to people as a means to reduce or indeed eliminate a potential Inheritance or Gift Tax Bill down the road. They cost money and I am told are not...

Blog65- Feedback & Presents!

Hope you are all safe and well after Storm Emma. As a result of my own gallivanting in the snow I was struck-down by the dreaded man-flu.......but fear not I have survived! I was heartened and was sure to point out profusely to my wife that a British Medical Journal found last year that man-flu...

Blog64- The Risk Of Deposit Accounts….Losing Power

It is fierce common lately to hear the financial industry give out about the rates of interest available through bank deposit accounts and to recommend that you should invest your money into XYZ Fund (which just so happens to generate a nice chunky commission for whoever is doing the recommending!). It's funny, they weren't saying...

Blog62- What Should I Do With A Salary Raise?!

According to Central Statistics Office the average salary in Ireland (2016) of a full-time employee was a 'grocery-shop' more than €45,000. Knowing that figure might make you feel that you're doing well or it might make you feel like making progress on the income you are bringing in. In reality this is the main thing...

Blog61- They Died With Too Much Money………..So They Did

Welcome back to another edition of the Informed Decisions Blog, Ireland's #1 Financial Planning Blog & Podcast! This week we will take on an obscure topic, a topic which is often left till the bitter end before we give it consideration! When it comes to focusing on your Financial Planning, Financial Independence or 'building wealth'...

Blog57- Don’t Bother With New Year Resolutions……

We kick of 2018 full of optimism, gratitude and excitement for the year ahead. After what was hopefully a nice Christmas break we all are raring to go, and apparently as many as 50% of us (myself included!) feel that customary urge to set some resolutions for the year ahead. The top resolutions that we make...

Blog- The War on Commissions (The Green-Grocer Version!!)

This week we are aiming to share some slightly different insights, and reveal some major news in the world of Financial Services in Ireland! Last week the Central Bank released a proposal which is due to come into force next year (subject to Dept. of Finance), which is aimed at maximising the protection consumers get...

Blog #54- The 5 Simple Things…..(I Promise!)

Welcome to Ireland's #1 Finance Blog & Podcast. Our purpose is to help you make informed decisions with your money, and importantly to avoid some costly mistakes that they rest of us have made! We are aiming to make this THE home of Financial Planning information and insight for normal people here in Ireland! This...

Blog #48- Building a Core-Satellite Investment Portfolio

While it might sound a little like a project to build the next NASA space-rocket this is a fairly simple investment approach that Irish investors have access to, so strap yourself in! Before we begin may I outline that the word 'satellite' is one of those words that I really struggle how to spell.....for some...

Blog#43- Is This The Best Mortgage Ever….??

Hey all, in this blog we will aim to share insights on the very best mortgage that you can get, whether you are aiming for your first mortgage or have a collection of them we hope to share ideas which will save you a small fortune over your life-time. All we ask in return is to...

Blog #42- How ETFs Are Taxed Vs Shares & Retail Products

[Edit Jan 2018 - Please note the below was published prior to PRIIPS Regulation was introduced in EU in Jan 2018 which limited the availability of US Domiciled ETFs for Irish Investors]   This week we follow-up on our promise to share with you guys how ETFs are taxed here in Ireland. Like a lot of stuff...

Blog #41- The Danger Of Trivial Pensions……

Central Statistics Office reported recently that 47% of men in Ireland have some form of pension, and 46% of females have one....there's a surprise, the men leading the way!! Our age also seems to have a large impact as to whether we bother or indeed believe we can afford to contribute to a pension; 36% of...

Blog #38- Noah’s ARF…..The Biblical Retirement Fund

Welcome to the episode which will hopefully finally banish any confusion about ARFs, or do I mean ARKs!?...... Apparently Noah's Ark was made of 'cypress wood' and was in the region of 500 feet long. It was said to have been quite a boat, large enough to hold  125,000 sheep if those were his orders! Anyone...

Blog #37- PCP….A Drug or A Lease Agreement?!

PCP ('Phencyclidine' - not sure how that is pronounced!) was introduced in the 1950's as an anesthetic but was shelved in the 60's due to it's potentially lethal hallucinogenic effects. It was this hallucinogenic effect that made it so popular with recreational drug users and they have been producing it under the title of 'Angel...

Blog #35- The Crash is Coming……Run For Your Lives!

Regular readers & listeners will by now know that Informed Decisions isn't in the space of trying to predict the markets, we leave that to the fortune-tellers of this world! We don't see any benefit in dissecting the daily news-feed and trying to interpret what that means for our investments, pensions, property prices etc. Nobody can...

Blog #34- The Problem With Bloody Life Cover!

We were entirely humbled to have been contacted by the Irish Times a few weeks ago and asked for our opinion on life cover for an article by journalist Eithne Dunne, published in the Sunday Times on 21st May. We wholeheartedly gave our 'tuppence-worth' on some of the things we believe are important to consider...

Blog #32- Teaching Our Kids About Money

Money is not the be all and end all.....most of us appreciate that there is more to life and more to being a decent human. We might also recognise that living a fulfilled life is not about having full bank accounts, but it sure does help to have sufficient money to make your own decisions...

Blog #30- The 6 Risks & How To Manage Them

Risk. The Oxford Dictionary defines risk as 'the possibility of something unpleasant or unwelcoming happening'! It is therefore not a word which most of us are that much inclined towards. Volatility on the other hand is defined as 'liability to change rapidly and unpredictably, especially for the worse'. Volatility is different to risk, it's subtle...