Most people would think that when a financial adviser mentions the word diversification, they will be referring to investments, spreading risk that kind of thing. This is true, however this month I am going to talk about diversification of ‘product’. People often ask me what is best, an ISA, a Pension, that kind of question. There is no categoric answer
As a financial planner, I help clients in many ways, often using cashflow modelling to provide bespoke pictorial predictions of someone’s financial future to help them work towards their objectives. One metric that I build into the system is Inflation. For years it is has tended to go quite unnoticed with an equivalent annual rate for Consumer Prices Index (CPI),
As questions go, it’s a short one – just 6 words. However, anyone trying to answer it at the moment, will take a great deal longer, with liberal use of that word, ‘However’ being required! In recent weeks I have thought of COVID 19 and all its implications (not just financial), as being like going into a dark tunnel. For