This article could also be entitled “how interest rates just became negative”. The European Central Bank has just cut interest rates, marginally this time, to 0.15%. This is an effort to provide stimulus to business lending. In fact, they also made their deposit rate for banks, -0.1% yes thats minus 0.1%. Effectively banks will have […]
The path to financial security or simply a better financial life often begins with this realisation: there is only one person responsible for my financial security. (tip: it’s not your spouse!) In the first part of this original series about “How to Create a Great Financial Plan for your life” let’s begin by considering a […]
From April 2015 UK Capital Gains Tax will apply on property sold in the UK by owners of UK property living abroad. On 5th December 2013 the UK Chancellor George Osborne announced that a Capital Gains Tax (CGT) will apply for the first time on the gains made on the disposal of UK residential property […]
In part 1 of this article, I examine the impact of poor investment returns or losses on your investment portfolio, at a time when you are counting on them, or need them the most. This poor return at the wrong time, is described in investing circles as ‘Sequencing Risk’. At other stages of life your […]
In part 1 of this 2-part article about Sequencing Risk, I am going to introduce and address possibly the greatest risk when investing your money for your future retirement, and explain how it can be managed and dealt with in such a way as to remove some of the fears that often come along with […]
Hello and welcome! This is the first issue of ‘financial life‘ designed to enlighten, inform and update you on what’s current and important from a personal finance point of view, in this part of the world being Milan and Northern Italy. In this regular newsletter I hope to provide you with lots of important information […]
Italy is a very tempting place to settle, and there are so many wonderful corners to explore. From incredible places by the sea, to the mountains, the lakes, charming cities, country farmhouses and villas, and houses in sleepy tiny towns surrounded by sublime nature and steeped in culture and tradition, there is no doubt tremendous […]
