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محتوای ارائه شده توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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S8 Ep 5: Top 10 Tips for Investing

23:22
 
اشتراک گذاری
 

Manage episode 447524889 series 3346488
محتوای ارائه شده توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal

In Episode 5 of this Faith and Finance Top 10s season, Simon and Bex discuss their Top 10 Tips for Investing.

Some key points of interest covered in this episode include the following:

  • Simon’s first top tip on this subject is to consider the investing options for our financial circumstances only once we have put in place the foundational budgetary practices that best suit our needs. [01:36]
  • Top tip number two is to be clear about our objectives (‘give every pound a purpose’) and to understand the timescale for each objective. [03:52]
  • Thirdly, Simon explains the importance of understanding the nature of risk and of being able to evaluate the level of risk associated with the options available to us at any one time. [05:46]
  • Next, Simon suggests that minimising investment-related costs is a sensible approach to take and, if done thoughtfully, can be achieved without compromising the benefits that we are aiming to receive from investing. [07:26]
  • On a related note, Simon highlights the advantages of maximising the various tax efficiency options that are legitimately available to us. [09:50]
  • When it comes to the practicalities of how and when to invest, Simon suggests that keeping things simple by automating our investing (and creating a ‘pound cost averaging’ approach through that process) can be helpful and cost-effective. [12:25]
  • Simon would also encourage us to review our investments from time to time (eg annually) but would urge us not to check on them frequently because they are long-term processes that can involve significant, but irrelevant, fluctuations in the short-term. [13:36]
  • In addition, Simon would advise against trying to ‘time the market’. [15:26]
  • Simon’s penultimate tip is to take an evidence-based approach so that we avoid being drawn into ‘speculating’ rather than ‘investing’. [18:27]
  • Simon’s final top tip is to recognise the significance of investment decisions by researching the options thoroughly and by taking appropriate advice (which can generally be available without incurring cost). [20:29]
  • The next episode in this season will focus on top tips for dealing with debt. [23:02]

Suggestions or feedback arising from this episode can be sent via email to whereyourtreasureis@freerangepodcasting.co.uk while messages via Instagram should be directed to @whereyourtreasureispodcast.

This show has been brought to you by Free Range Podcasting.

You can sign up to receive news and updates about this podcast by filling out the brief form to which you will be taken when clicking on this link.

  continue reading

80 قسمت

Artwork
iconاشتراک گذاری
 
Manage episode 447524889 series 3346488
محتوای ارائه شده توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Simon Glazier and Bex Elder, Simon Glazier, and Bex Elder یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal

In Episode 5 of this Faith and Finance Top 10s season, Simon and Bex discuss their Top 10 Tips for Investing.

Some key points of interest covered in this episode include the following:

  • Simon’s first top tip on this subject is to consider the investing options for our financial circumstances only once we have put in place the foundational budgetary practices that best suit our needs. [01:36]
  • Top tip number two is to be clear about our objectives (‘give every pound a purpose’) and to understand the timescale for each objective. [03:52]
  • Thirdly, Simon explains the importance of understanding the nature of risk and of being able to evaluate the level of risk associated with the options available to us at any one time. [05:46]
  • Next, Simon suggests that minimising investment-related costs is a sensible approach to take and, if done thoughtfully, can be achieved without compromising the benefits that we are aiming to receive from investing. [07:26]
  • On a related note, Simon highlights the advantages of maximising the various tax efficiency options that are legitimately available to us. [09:50]
  • When it comes to the practicalities of how and when to invest, Simon suggests that keeping things simple by automating our investing (and creating a ‘pound cost averaging’ approach through that process) can be helpful and cost-effective. [12:25]
  • Simon would also encourage us to review our investments from time to time (eg annually) but would urge us not to check on them frequently because they are long-term processes that can involve significant, but irrelevant, fluctuations in the short-term. [13:36]
  • In addition, Simon would advise against trying to ‘time the market’. [15:26]
  • Simon’s penultimate tip is to take an evidence-based approach so that we avoid being drawn into ‘speculating’ rather than ‘investing’. [18:27]
  • Simon’s final top tip is to recognise the significance of investment decisions by researching the options thoroughly and by taking appropriate advice (which can generally be available without incurring cost). [20:29]
  • The next episode in this season will focus on top tips for dealing with debt. [23:02]

Suggestions or feedback arising from this episode can be sent via email to whereyourtreasureis@freerangepodcasting.co.uk while messages via Instagram should be directed to @whereyourtreasureispodcast.

This show has been brought to you by Free Range Podcasting.

You can sign up to receive news and updates about this podcast by filling out the brief form to which you will be taken when clicking on this link.

  continue reading

80 قسمت

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