Informed Decisions Independent Financial Planning & Money Podcast

Hey! Financial Service firms love their acronyms, as in they love them! Maybe it's an insecurity thing, or maybe it's an attempt to hold onto some semblance of power. To help you develop the knowledge and to prepare you for a conversation with even the worst acronym offenders (AO!), I'm covering each of the main investment and financial acronyms related to financial services in Ireland. Plus, I'll offer a one-liner on each as to what it really is and why it matters! Paddy Delaney QFA RPA APA Informed Decisions

Tax on investments in Ireland is a doozy! There is a warning often quoted in investment articles that suggest "you shouldn't let the tax tail wag the investment dog". Based on a recent conversation I had with a prospective client and from many emails that I get from investors, it seems that people aren't even aware that there is a tail! This is an important part of investing and is a significant issue for many investors, so I made sure to allocate sufficient time to get to write a short piece to hammer the message home! Paddy.

This week we chat with Todd Tresidder, financial coach and educator at FinancialMentor.com. He's also the author of five financial planning books. You'll learn about: - How to build wealth - What stops us reaching Financial Independence - Using leverage to help you get there Todd built his own wealth as a hedge fund investment manager before "retiring" at 35 to teach others. Today, he provides advanced investment and retirement planning education at FinancialMentor.Com showing what works, what doesn't, and why based on a depth of proven experience. Hope you enjoy, Paddy Delaney Informed Decisions

Something a little different this week - give it a go! If your life was one week long what day of the week would you be on, and what would you do about the rest of the week!? We explore this, and aspects of our financial lives that will hopefully help you to avoid mistakes and achieve your priorities. Hope it helps, Paddy Delaney Informed Decisions

In this episode we share: - Why I get stick about our cars - What Opportunity Cost is & why it matters - How to go after what is really important to you & stop wasting money on the unimportant I hope it is helpful. Paddy Delaney QFA RPA APA Paddy Delaney Informed Decisions

What's Love Got To Do With It, Baby They suggested that we hate losing something about twice as much as we enjoy gaining something! Think about it - in all walks of life it holds water. Take 'love' for example. I remember vividly when I was unceremoniously dumped by my first girlfriend! I was about 15 at the time - and 'devastated' was not the word for how I felt! Despite my father telling me; 'Cheer up son, the next one is always better' (!!!!) I was inconsolable for a week or two. Did 'the next one' bring as much joy as the being dumped brought pain - we'll see!

Actively Managed Funds under-perform Passive Index Funds in the majority of cases. Managed funds usually exist in order to beat the market. They generally don't succeed. This is not an opinion or a prediction, it is a fact which you will see full evidence of in a moment. I will start however by reminding you of another fact. Your behaviour as an investor will have potentially far more of an impact on your investment success than whether you are invested in actively managed funds or passive. By 'behaviour' I mean whether you stick to the strategy or not when your portfolio is either screeching upward or downward at a future date. With that irrefutable truth out of the way, lets look at the facts. When it comes to investing and choosing the best available solution, whether managed funds or passive or whatever, we like facts. We try to ensure you, dear reader, have access to facts. We abhor opaqueness and smoke-n-mirrors when it comes to you investing your future wealth. Whether it is a kids savings account, a windfall, a retirement pot, your life savings or a retirement income vehicle. Facts are the only things any of us should focus on. Paddy Delaney QFA RPA APA

This week we share a short piece from the Oracle of Omaha, Warren Buffett. We learn about 'Gotrocks Family', how they had it all, and how they managed to throw it away, or more accurately, to have had it taken away from them! I consider if this 'informed turkey' is actually voting for Christmas?! We also share our view on how Irish investors might avoid such disasters, and to keep more of the returns they deserve. Hope it helps, Paddy

What is the Standard Fund Threshold in Ireland? This week, in what is a short 4 day work week, we share a short 4 minute read that will give you most of what you might need to know about the Standard Fund Threshold, for now! You'll learn the history, the current threshold, the REAL threshold, and a little-known nugget that can help you squeeze the max value and tax efficiency out of your pension pot. I hope it helps. Paddy Delaney QFA RPA APA

This week we share an investing concept that applies to investments and pensions equally. If I successfully and coherently share here what is in my head, it will hopefully help remove stress for investors as they begin, continue or end their investment journey. Paddy Delaney QFA RPA APA