What Money Really Is

What Money Really Is

Money is not the units of currency that you own.   Money is purchasing power. It is the tool you use to experience the products and services you buy.   Money cannot be kept safe in a bank account or under the mattress.   Someone who tells you they had £1million 20...
Growth vs Income Funds in retirement

Growth vs Income Funds in retirement

If you have a defined contribution pension and have chosen to drawdown from it in retirement as opposed to the alternative options then one decision you need to look at is growth vs income funds.   Unlike defined benefit pensions, defined contribution pensions have no...
When To Sell An Investment

When To Sell An Investment

When to sell an investment is just as important as when to buy an investment.   Remember you don’t make or lose anything when you buy an investment. You make a gain or loss when you sell.   Have you seen large rises in the value of your investment in the last year or...