Stock markets crashing tend to put savers off investing in shares, but there has been a sizeable rise in new investors in Britain during lockdown, reports suggest. That came as savings rates plummeted (again) and people decided to go hunting for a bargain amid the stock market turmoil in March and April. But who are these novice investors and what do you need to think about to get started? On this week's podcast This is Money editor Simon Lambert tells host Georgie Frost what first timers need to know about building an investment portfolio - and gives some tips on easy ways to get started and why British isn't always best for investors. Managers can invest in their own fund or investment trust, but how do you find out if they do - and whether they're buying or selling, and does it matter? Meanwhile, Goldman Sachs backed Marcus Bank has pulled its best buy easy-access savings account – assistant editor Lee Boyce reveals why and how we are set to see rates tumble even further. Should you gamble on taking a European summer holiday in July, August or September and if you are tempted, what do you need to know? Euro 2020 should have been starting today, but at least for sport-starved fans Premier League football returns next week. However, you'll need a major tournament-style wallchart if you plan on catching the action, with Amazon Prime, BBC, BT Sport and Sky Sports all having games on – how do you watch for the cheapest price? And finally, property sales in England have started to edge up but apparently million-pound-plus homes in the country are leading the way. Are buyers really swapping Millionaire's Row for Millionaire's Lane?
Should you save cash and accept low interest rates, or invest and take the risk that you could lose money? This is the perennial dilemma for those with some money to set aside, who are looking to build their wealth. And it’s not been made easier by a rollercoaster 20 years. Since the turn of the millennium, we’ve had three hefty stock market crashes, but we’ve also had the past decade of historically low interest rates. In response to paltry savings rates, more people have been encouraged to invest in shares for a better return, but the coronavirus crash has left the UK’s flagship stock market index, the FTSE 100, below its level on 31 December 1999, and burnt the fingers of many recent investors. So, is it worth investing, or should you just stick with the relative stability of cash? On this episode of the This is Money podcast, Simon Lambert, Lee Boyce and Georgie Frost look at our exclusive statistics on who is investing, who is bowing out of the market, and what the new generation of younger investors are doing. They also dive back into the question asked last week: how long do you need to invest for to avoid losing money? With some charts and data sent through to the team by Duncan Lamont, head of research and analytics at Schroders, they compare how putting money into either cash or the stockmarket fared over the past 150 years against inflation – and what the likelihood was of losing money over varying time periods. The team also look at what might happen next to house prices after the coronavirus lockdown put the property market into a deep freeze. Simon dives into the varying predictions of how much property prices could fall – and the bullish suggestion of one estate agent that it’ll all be fine. And finally, we discuss the businesses that we spoke to this week who are fighting veteran insurer Hiscox, because they believed they should be covered against coronavirus with policies that cite infectious or contagious disease… but it says they are not.
Will Rhind, founder and CEO of GraniteShares, joins Adam Cox to talk about how ETFs (Exchange Traded Funds) and ETPs (Exchange Traded Products) can give investors opportunities for diversification, growth and protection against uncertainty – normally only accessible to sophisticated investors or hedge funds.
How can we help young people who may have a pot of cash they don’t know about?
In this episode of the Share Interview, Chairman and Founder of The Share Foundation, Gavin Oldham, and Child Trust Fund ambassador Fiona Ross discuss the importance of young people gaining access to their Child Trust Funds. Anybody born between 1st September 2002 and 2nd January 2011 will have one of these trust funds, but as many as one in three are unaccounted for. Gavin shares the importance of rediscovering these lost funds, and how to gain access to them.
This is Money with Georgie Frost, editor Simon Lambert and Product and Knowledge editor Sarah Davidson. Autumn is here and with it an ill wind through the savings market. Why are things looking so bleak and are there any warm spots to be found out there? There’s a hurricane happening in politics, the team offer some tips on how to weather the Brexit storm…find out if we should really be stock piling food and take a look at how Labours Right to Buy plans would work for renters and buy-to-letters. Plus just how much better for the environment are electric vehicles? And don’t forget you can stay up to date with all the latest, breaking money news, just go to thisismoney.co.uk or download the app.
Adam Cox talks to international speaker and passive income coach, Douglas Vermeeren. Douglas explains why most of the population rely on only a single source of income – often through conventional employment – and explains that what was taught in schools as being a source of security is actually a very risky strategy. He discusses why having multiple streams of income (some of which are passive) enables us to have more security and freedom simultaneously, and offers a few tips about how to make the transition from employee status into the world of having passive incomes.
This is Money - in partnership with NS&I, with Georgie Frost, Editor Simon Lambert and News Editor Alex Sebastian. And on this week's episode: Woodford one month on. What went wrong for the UK's most high profile fund manager, what’s been the fallout, what could be the reputational damage to the whole fund industry and why we should all care?But it's ill wind and all that...so will and are lessons being learnt?
Saving, spending, planning — you've got money questions and we've got answers. Every week host Alison Southwick and personal finance expert Robert Brokamp challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves. In this week's episode, Jason Moser joins the show to try and convince a skeptical Alison to invest the growing trend of Augmented Reality. Will he succeed?
As we fast approach one fifth of the way through the 21st century, the world of finance is modernising in ways that would have been unimaginable a few years ago. And not always in a good way. The language of ‘savings’ has evolved to the point of dishonesty and even fraud. On this week’s podcast editor Simon Lambert and reporter George Nixon join host Georgie Frost to look at fancy new Innovative Finance Isas, at savings products that claim to offer 8% returns and to be protected by the official savings watchdog but are in fact risky investments – and the fraud investigation at London Capital and Finance, where thousands of ‘savers’ lost millions of pounds. Simon guides listeners through the dark side of mini bonds and the complex web of companies that savers’ money was poured into at LC and F before it collapsed owing £236m. The City watchdog supposedly overseeing the company is also now being investigated . On a cheerier note, George explains how teenagers are able to invest on the stock market and how easy it can be to get started, plus a couple of new free share dealing services, an old-fashioned holiday trap and whether insurance companies would pay out if your flash car crash is on video and on social media.
Ed Bowsher finds out more about smart beta investing – passive funds that can follow particular investment strategies such as value or momentum. He speaks to Adam Laird, Head of ETF strategy at Lyxor and Steve Goldin, Managing Partner at Parala Capital. Steve gives the rundown on recent Smart Beta performance and also looks at how smart beta ETFs that look similar may actually be very different.