Essentially Local May-June 2019
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Rip Off Investment Charges<br />
Paying for a professional service you require is, of course, right and getting<br />
value is even more important than cost. However when the cost is so<br />
fundamental to the value it’s right to question your fee.<br />
No more is this true than when it comes to investment fees. I’m talking<br />
fees to the investment managers and fees to Financial Advisers. I’ve<br />
recently come across new clients who were previously being charged 5%<br />
every time they invested and close to 3% a year! This is outrageous!<br />
As a rule of thumb you should aim for total charges to come in at under<br />
1% of the value of your investments.<br />
Time you checked your charges? Contact us and we’ll review these for<br />
you.<br />
Dog Funds<br />
No not a savings account for your dog! I’m talking<br />
about the worst performing investment funds.<br />
Online investment service Bestinvest recently<br />
published their annual ‘Spot the Dog’ guide listing<br />
underperforming investment funds. It’s scary to<br />
realise that over £54.6 billion of people’s wealth<br />
and retirement savings are invested in these funds.<br />
One a small change to an investment fund that performs as it should<br />
could make a massive difference to your overall retirement lifestyle. Check<br />
the list and make sure you are not falling behind or contact us and we’ll<br />
review your investment performance for you!<br />
The Hidden Price Rises On<br />
Everyday Goods<br />
Do you remember when a packet of Walkers Crisps was 35g, it’s more like<br />
28g today.<br />
Carl Roberts<br />
For your own personal<br />
Financial Director to run<br />
your family finances call:<br />
Carl Roberts FPFS, Chartered<br />
Financial Planner<br />
carl@rtsfinancialplanning.co.uk<br />
rtsfinancialplanning.co.uk<br />
01908 592544<br />
07702 965275<br />
RTS Financial Planning Limited is authorised and<br />
regulated by the Financial Conduct Authority.<br />
Registered in England and Wales. Registration<br />
number 10619163. 21 Fosters Lane, Bradwell, Milton<br />
Keynes, MK13 9HZ<br />
Risk warning: Stock market linked investments and<br />
any income from them, can fall as well as rise and are<br />
not guaranteed. Any figures quoted are for illustrative<br />
purposes and should not be taken as a forecast or<br />
guarantee. Past performance should not be seen as an<br />
indication of future returns and clients may get back<br />
less than they have invested.<br />
The price staying the same but the product shrinking is one example of<br />
how the official inflation statistics do not show the real truth.<br />
In his book “How to Own The World”, author Andrew Craig explains that real<br />
inflation is probably closer to 10%. Governments use a number of methods<br />
to keep the official inflation rate artificially low so you feel wealthier and<br />
they pay less in benefits.<br />
Other ways they do this are by swapping items in the inflation measurement that are increasing in price with<br />
cheaper versions (burgers instead of steak) and lowering the cost of items if they have additional features.<br />
Inflation is one of the biggest destroyers of wealth and the only way to combat it and maintain your wealth is to<br />
invest in real assets like shares and property.<br />
To advertise please call 01908 380777<br />
37
Change language