News, Resources, Insight and Opinion from Browning Financial Planning
Market predictions are a waste of time
Posted by Dominic Browning
05/12/23
Warren Buffet said "I have never met anyone who can forecast the markets. Forecasts tell you more about the forecaster than the markets".
What is important is not running out of money in retirement and this is usually avoided by consistent, long-term saving into global equity funds and NOT attempting to time the markets.
Trying to pass on as much as your wealth as possible to your children is getting harder and harder, due to the freezing of the IHT (Inheritance Tax) thesholds since 2009. Continue
An investment bond is a packaged investment offered by a life company as opposed to an investment company. They work differently to investment company package products (known as General Investment Accounts or GIAs). Continue
The number one factor in building a retirement or investment pot is investing regularly over the long-term and keeping it going until the day when you need to draw down on your investments or pension pot. Continue
Putting a trust in your Will to make sure your loved ones inherit something is a very good thing. We commonly see PPTs (Protective Property Trusts) in Wills but sometimes think a DT (Discretionary Trust) might be a better solution in many cases. Continue
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