Money Tips Daily by Charles Kelly, former IFA and author of

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Learn more about own and controlling property using little known creative no money down strategies used by professionals to create unlimited wealth. If you would like more information about no money down tools, email charles@charleskelly.net Word of the Day Options Holding an option on...

More worrying stories have been flagged in recent news stories prompting fears of a looming recession. Earlier today, the FT reported, that the Federal Reserve Bank of New York injected $66bn into short-term lending markets on Monday, building on a series of operations from last week to support the market after a severe bout of turmoil. The cost of overnight cash borrowing in exchange for US Treas...

By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast People booking package holidays, as opposed to flight only deals, are covered by the ATOL protection scheme. About ATOL The law says your holiday must be protected if it is a package holiday. ATOL (which stands for Air Travel Organiser’s Licence) is a UK financial protection scheme and it protects most ai...

By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast This week’s news has been dominated by politics and Brexit, with markets settling as a last-minute deal looking increasingly likely. The Fed followed the ECB by cutting rates, whilst the Bank of England held the base rate at .75%. The Brothers Stripe, Richest Self-Made Irish Billionaires By Charles Kelly...

By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Yesterday we talked about Airbnb rise from zero to $31 billion. Today I want to talk about a similar sized company in terms of valuation which could be floated on the stock market. If you’ve ever sold goods or services online, you may have come across a payment system called Stripe. I had never heard it o...

Airbnb plan $31 billion IPO in 2020 By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast The accommodation platform Airbnb says it plans to go public next year. It was valued at $31bn in its most recent funding round and made more than $1bn in revenues in the second quarter. Airbnb hosts, of which I was once one, have made more than $80bn from renting their...

House Price Growth Slowest Since 2012, Say ONS By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast UK house prices rose at the slowest rate to July than at any time since September 2012, up by 0.7%, official figures reveal. According to the Office for National Statistics (ONS) there has been a general slowdown in UK property price growth in the last three...

New App launched that cancels subscriptions after free trial By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Have you ever signed up for a free trial online and then forgotten all about it? A year later you realise that you’ve been paying for a service you didn’t really want. Sometimes, it only comes to light when your credit card expires! Good news. A...

Can you really buy a property with just one click? By Charles Kelly Author and creator of Money Tips Podcast Joseph Kennedy, the father of John F Kennedy, once said that when shoeshine boys were telling him to get into the stock market, he knew it was time to get out. That’s exactly what he did just before the 1929 stock market crash, which was followed by a bear market which lasted for decades. S...

Money Tips looks at whether you should be holding precious metals like Gold and Silver as part of your portfolio. Word of the Day Indicators An economic indicator is a statistic about an economic activity, which offers an analysis of economic performance and predictions of future performance. Top 5 Economic Indicators for Global Investors 1. Gross Domestic Product. GDP represents the market value...

By Charles Kelly Author and Creator of Money Tips How to get bursaries and assisted places for top private schools The gift of education is one of the most valuable things you can give to your children. However, the cost of sending a child or grandchild to an independent or private (strangely, also known as a “public school”) school has soared... ECB Cut Rates To Stimulate Economy Interest rates l...

The gift of education is one of the most valuable things you can give to your children. However, the cost of sending a child or grandchild to an independent or private (strangely, also known as a “public school”) school has soared well above the rate of inflation, yet the number of UK pupils in private education has never been higher. Why is this? Part of the answer is that more than £1bn a year o...

Earlier this week, I said that interest rates look set to stay low. This week, the ECB announced that it is reducing interest rates. Trump is demanding that the US federal reserve also cut interest rates and the UK base rates stand at just .75%. Other central banks are keeping rates low in order to stimulate the flagging economy. The ECB is also introducing other stimulus measures such as pumping...

Many people tell me that they want to get into property, but don’t know where to start or which strategy to choose. “Should I try residential or commercial”, they ask me, “single let buy-to-let or HMO’s?”. How will I find the money for deposits, which area should I invest in, should I use a limited company? These are all questions I get asked by people wanting to become a professional property inv...

Money Tips News Markets Settle on China-US Trade talks. Don’t ignore parking tickets and bills – more bailiffs being used by local authorities to collect unpaid fines. 2870 retail outlets closed down in first six months of 2019. LSE receives £32 billion HK bid. BA pilot strikes damaging the airline’s multi-billion pound brand. Word of the Day Revenues and profit. Revenue, or turnover, is the total...

There is an abundance of money available for business start-ups and ventures in London. Word of the Day Scalable Businesses which are scalable are businesses which can be scaled up or grown to a large concern where investors can expect to make a return on their investment, as opposed to a one-man-band or lifestyle business. See also: How to Obtain Angel-Investor Funding- With Joseph Zipfel, C.I.O....

Low interest rates look set to continue for the foreseeable future. Whilst this is great for borrowers, but disastrous for investors and people retiring on annuities. Earning just over 1% on an ISA account is not even keeping up with inflation, let alone giving you a good investment return. Even gross yields on buy-to-let properties in major cities have fallen below 4% and in London or sometimes a...

Weekly News Round Up  The week has been dominated by the shenanigans going on in parliament, with Boris Johnson losing control of the agenda and opposition party remainers winning three crucial votes. Other news Markets and pound bounce back as a ‘no deal brexit’ looks less likely Germany going into Recession Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before...

A Help to Buy ISA is a government scheme helping you save for a mortgage deposit to buy your first home. You must be a first-time buyer to qualify and not own a property anywhere in the world. Savings are tax free just like with any ISA product, however, a Help to Buy ISA gives you the added bonus of getting government contributions. How does the Help to Buy ISA work? The government tops up your c...

A few days ago, I talked about how women are saving a lower proportion of their income than men . Today I discover that savers are failing to take advantage of a new UK Government scheme, as figures reveal that more than 96% of those eligible are missing out on a 50% top-up bonus worth up to £1,200. The Help to Save account, launched last September, was designed to encourage people on low incomes...

British and American household debt had reached record levels, despite high employment, low taxes and historically low interest rates. In the UK, the TUC has called for higher pay rises to solve the problem, but we know that is not always the answer. If you cannot manage small amounts of money, chances are you will not manage larger sums. Unless you change your habits, that par rise or bonus will...

The average British woman invest half the amount they spend on treats, such as clothes, beauty products, gym classes and eating out, says entrepreneur and former Apprentice contestant Jackie Fast. Writing for City Matters, Jackie said they spend £211 per month on day-today treats, but only £98 on saving and investing. Jackie did further research and found that women invest 40% less than men. Whils...

Parliament Torn Apart by Brexit - Johnson will table a motion for an October General Election. The government lost a key vote tonight which could delay Brexit 31 October and will have consequences on the UK for years to come. A general election is on the cards as Boris Johnson warns MP’s that if the government loses the vote tomorrow on the Bill to delay Brexit and outlaw a ‘no deal’ exit of the E...

The pound has continued to fall on currency markets amid intensified political uncertainty over Brexit, the BBC reports today, although a couple of cents against the dollar is hardly a catastrophe. Rumours of a possible snap general election dragged sterling further down, as MPs pushed for a further three-month Brexit extension. Against the dollar, the British pound fell more than a cent to $1.205...

Weekly News Round Up 010919 In this episode: Is China orchestrating Hong Kong riots in order to justify an invasion? Is China’s economy built on a house of cards? Why the HK rich are looking at Golden Visas, such as Cyprus, to protect their money. Also: Markets settle after a turbulent week. Recession Coming World Markets Tumble? Trump’s China tariffs kick-in as trade war threatens world’s economi...