While inflation remains stubbornly high, the ECB will have little choice but to keep increasing interest rates. For many mortgage holders, this can pose a challenge.
People are being presented with an increasing number of options when it comes to investing. Some offer a robust do-it-yourself approach. But just because you can go the DIY route, should you?
In today’s world of complex money concepts, it is essential to have a grounded understanding of how it works. This is really important from a broad financial wellbeing perspective.
The latest moves by Chinese authorities to ensure tech firms based there are in full regulatory compliance has impacted stock valuations. This can have far-reaching consequences, especially when it comes to pension funds.
With the closure of the Irish Credit Bureau scheduled by year end, this is unlikely to have any significant impact on the credit worthiness of those applying for consumer credit.
Financial wellbeing in retirement can be achieved any number of ways, not just through the ownership of property. Pension enrolment and protecting one’s health are also major considerations.
Investing at the best of times can be a real challenge. But in Ireland, some higher risk investing attracts lower taxes than is the case for lower risk options, where the applicable taxes are significantly higher.
Starting a pension may seem to be something for those at an advanced stage of their careers. However, due to the impact of compound interest, starting early is the smart choice.
Recently, the El Salvador government announced it would make Bitcoin legal tender. While it may have grabbed the international headlines, the move is unlikely grab the hearts of its citizens or the international community.
Rising inflation is forcing central banks to look at rate increases. While it will have little impact on savings and borrowing costs in Ireland, it will most likely impact pension valuations.
