Many people ask how I always go on holidays with my family and yet have enough money to invest? Why am I making investment sound so easy? How am I so relax about the ongoing inflation and increasing cost of good and services? It is not easy and it takes a lot of discipline and partnership teamwork within the family. These are my simplified three steps anyone must take before they dip into investments.
Apple have impressed the world again with their new released products. I am an Apple fan boy myself and I would love to buy all the three new products announced today. I also realised that the total price of this three new products (Iphone X +Apple Watch 3 and Apple TV4) is equivalent to 10 Apple shares in todays price. Which one should I go for?
As of today, I would recommend the following for Kids investment options for varying budget situation. Read Issue#1 or Starters Guide for earlier details.
Having kids is a financially straining expense with the outgoing cash flow for raising kids increases with their age. During key milestones period between the age of 17 to 21, the expenses such as birthday parties, buying a car, university starts increasing exponentially.
To be able to save £80,000 hard liquid cash in his current career lifetime is a fantastic achievement where many professional are unable to attain. Assuming he has a 10 year career span, it makes an average savings of £8,000 per year.
There have been a mix signals in the summer of 2017 with North Korea threats, sell-off in US stocks, EU stock rise and fall, UK economy losing ground and Japan stocks gaining momentum. Since July 2017, Virgin portfolio have gain about 5% overall, which is gaining the tech losses from early summer.