The Plan for Happy Podcast

Today’s discussion looks at the prospect of a Labour Government in the UK and what it means for taxation policy.I am joined by Nimesh Shah, CEO of Blick Rothenberg, a chartered accountants and tax advisory business. Nimesh and I dig into the announcements, rumours and reports on what we can expect potentially in a few months time. In detail we discuss.The situation for non-doms and how recent announcements have already caused a stir;How being a Landlord cannot get much worse;The potential for small business to benefit; And make sure you listen to the end where we talk about the potential opportunities a new Labour government would have. I hope you enjoy my conversation with Nimesh Shah

Today’s special guest is Abraham Okusanya, author of “Beyond The 4% Rule” and founder of Timeline portfolios. Abrahams’ firm Timeline now has over £4bn in assets in the portfolio and Why index investing just takes market worry away.How the technology revolution is only just beginning for individual investors.What the best way to draw your retirement income is – focusing on different amounts at different times. I hope you enjoy my conversation with Abraham

Today’s discussion is with Nick Bird, Senior Business Development Manager at Triplepoint. If you’ve got older parents you won’t want to miss this episode. Planning for inheritance tax is some of the easiest most cost-effective planning you can do as you can easily measure how much tax you can save by make a few decisions. In this discussion, Nick & I look into inheritance tax planning and discuss:Why is estate planning so important? The concept of Business Property Relief and how tax policy encourages investments into UK companies.Gifting – how, when, and how much is possible.Housing – the hardest asset to deal with and a few options to think about. And make sure you listen to the end where Nick describes a few specific investment options you can use. Enjoy!

Today’s edition features a special guest, someone very familiar to the podcast… Adam Walkom! Our usual host is sat in the other seat this week, as his colleague, friend and fellow partner at Permanent Wealth, Adrian Johnson, takes the reins.  Adam is in the hot seat to discuss his new book, Plan for Happy: A step-by-step guide to growing your money. His aim with this book is to work directly with the reader and take them through the financial planning process – from understanding their financial history, to setting long-term goals and everything in between. Adam also provides specific actions the reader can take in terms of increasing saving, how to be tax-efficient in their investing and what investment strategy they can use. In this episode, Adam and Adrian discuss some of the main topics, themes and ambitions of the book, including:The emotional context of money;The importance of active decision-making vs letting things drift;A more balanced approach to saving in financial planning, including the benefits of having multiple savings pots for different short-term and long-term life goals;Adam’s approach to investing and his ambition to help his readers and clients understand the foundational elements of equity, long-term growth and volatility, and work this understanding into a financial plan;The age-old question: Is debt is a good or a bad thing? Make sure you stay tuned until the end to hear Adam give his 30-year-old former self 3 tips on what he should do with his money! To purchase your copy of Plan for Happy, follow this link: https://amzn.eu/d/6EJVtAq.

Ed Conway – Author of Material World – on the 6 materials that we need to power the modern world. Today’s guest is Ed Conway – economics editor at Sky News – but also author of a fantastic book – Material World. Material World explores in detail the 6 basic materials that the modern world needs to overcome all it’s problems. From feeding 7+ billion people, to building semiconductors and solving climate change. To do all of that, we are going to need MORE of these materials and not less, as some of the extreme fringe of society hope for. Ed’s story is a rollicking ride from the depths of the deepest open-pit copper mine in the world, that can fit the Burj Khalifa, to blue-green lithium pools in Chile, the story is very well-researched and thoroughly entertaining. I hope you enjoy my conversation with Ed Conway.

After reading Law at university, then some time in the hospitality industry Caspar was drawn to the Central London Residential Real Estate market. He kicked off his property career with Foxtons before moving from being a sales agent to being a buying agent with Black Brick. Our discussion covers:The role of a residential buying agent as a relatively new service;An update on the London residential market generally;How the fast and significant rise in interest rates in the last twelve months has impacted buyers and what tactics are being deployed;What the main considerations are for mid-career professionals; andA bit of outlook for the near term – not surprisingly, Caspar is a great advocate for living in London! To find out more about Black Brick https://www.black-brick.com/

In this episode I talk with Jared Dillian, author, investor and market newsletter writer of the Daily Dirtnap. He also is a regular contributor to Bloomberg, MSNBC, NY Times and LA times. I have followed Jared for years through his daily market newsletter and he has a unique insight into what moves markets. Jared has also just released his fourth book called “No Worries: How to live a stress-free financial life”. Pre-order is available on the link below. In this episode Jared and I discuss:How markets are driven by what goes on in people’s minds rather than hard facts;What you need to look for on Twitter to spot the potential turning points;What is more important to your personal financial situation – the occasional big decisions or regular little decisions; And finally we discuss current market conditions with interest rates, bonds, gold and everything else on the menu. You can pre-order Jared’s book here: http://buynoworries.com I hope you enjoy my conversation with Jared Dillian

Today my special guest is Oliver Rust, Business Development at Truflation. If you haven’t heard of Truflation you’re in for a treat. Truflation effectively scrapes the internet for prices on a daily basis and comes up with their own version of what they think is happening in the REAL world in inflation and prices. And the difference between their view and the official CPI version of inflation is striking. In this investigation of past, present and future inflation, Oliver and I discuss:•              What Truflation is and what the key problems are it is trying to solve.•              The factors behind the UK’s continually high inflation rates.•              The differences between UK and US expenditure and how these have affected the UK’s significantly higher inflation rates than the US.•              The impact of technology, globalisation and population growth on inflation: these factors have kept inflation relatively under control since the 1980s, so why have they stopped now?•              China’s energy production and consumption and its impact on global prices and inflation rates. Make you don’t miss the last 5 minutes where Oliver discusses the future of Truflation, including investigations of the core leading indicators of inflation and expansion into other European and global markets. He even hints at positive news about the future of UK inflation rates… If that’s not worth sticking around for I am not sure what is! If you are interested in finding out more about Truflation, click on the link below to explore the website: www.truflation.com

Welcome back! Today my guest is Nick Colas, co-founder of the excellent DataTrek Research. DataTrek Research write a daily investment newsletter which I read religiously and I have found Nick and his co-founder Jessica to be two of the smartest people in markets who use data to understand both short-term market issues, but also give insight into long-term market trueisms. In this investing tour-de-force, Nick and I cover the following topics:What we historically need to have to fix the current inflation issue (hint: it rhymes with “Succession”)What really drives stock markets higher and the impact of different countries policiesChina – what is going on there at the moment and why is growth slow to come backAI – what will be the impact of this technology not only on society, but the auto industry and crypto specifically.And finally, we discuss volatility and how it become a very useful market timing tool – to buy, but not sell. And make sure you listen to the very end where Nick shares his most profound learning on investing throughout his entire career. And I promise you it’s worth it. If you are interested in subscribing to a free 2-weel trial to DataTrek Research, click on the link below DataTrek Research: Colas/Rabe Market Newsletter I hope you enjoy my conversation with Nick Colas. Adam

Join Kealan and I for a fascinating conversation where we delve into the world of EIS and Venture investing. EIS is Enterprise Investment Scheme which is UK tax structure that allows tax relief for direct investment into smaller, growing UK companies. Kealan and I discuss• How, and why, EIS investing is different to VCT investing and how it has evolved over the years.• Their buying process, what they look for and what rules companies out for them;• What are the key lessons Symvan has learned from their failed investments;• What impact the Macro environment has on their target companies; And make sure you listen to the end where Kealan describes his key learning from investing in smaller companies. I hope you enjoy my conversation with Kealan Doyle of Symvan Capital.