Money Tips Podcast

In this episode: Market slowdown has already started in UK and US. Sales activity slowing as mortgage rates soar. Property slowdown usually follows a stock market fall, which has happened. Affordability at record high Average UK salary - £31,772 (2021) Average UK house price £278,000 (March 2022) 278,000/31772 = 8.75 x average salary to buy an average property in the UK Inflation over 8% in US and...

Soaring oil and gas prices are crippling western economies and ordinary people are suffering. But there is a way western leaders can end the energy crisis in an instant…watch video.  Check out full video - https://youtu.be/t-yniGn_SKA ECB Warns Of Housing Market Bubble The European Central Bank has warned this week that a housing market correction – caused by faltering economies, inflation and the...

Global share prices experienced sharp falls in UK, US and Asia as rising prices and slowing economies spook investors.   On Wednesday, US shares recorded the biggest one-day drop in two years since the start of the pandemic.  The NASDAQ plummeted 4.7% and has opened down again continuing a longer-term decline – down 18% YTD and the DOW JONES declined 14% since the start of 2022.  It’s not only tec...

London Mayor Calls For 2 Year ‘Rent Freeze’ In London and end to Section 21 ‘no fault evictions’ In an open letter, the London Mayor Sadiq Khan has called on the government to freeze rents in London ahead of the Queens Speech which could see introduction of legislation to end to Section 21 ‘no fault evictions’. The 2019 Conservative Party manifesto committed to a “renters’ reform bill” that would...

In the episode: Market update Market slowing say Nationwide Surveyors down valuing Slow service at Land Reg and Local Authorities When is the best time to buy? How the rich use Inflation, debt, low Interest rates and rising asset prices to increase their wealth Inflation 9% Mortgage Rate, e.g. 4% Asset prices rising Debt being inflated away! Leverage Beginner's Property Secrets Virtual Event - 24t...

In this episode: Renters Reform Bill announced in Parliament. Planning reform Property prices Demand has jumped for properties where all the bills are included in the rent, according to Rightmove. The property website said inquiries for build-to-rent homes with bills included had risen by 36% over the past year. It comes as two students had to pay £27,000 up front to secure a Cardiff flat, due to...

The Bank of England has warned that the UK economy will shrink this year as it raises interest rates to try to stem the pace of rising prices. Base rates were hiked to 1% from 0.75% (50% higher), their highest level since 2009 and the fourth consecutive increase since December. With fuel, energy and food costs soaring partly due to the Ukraine war, inflation is now at a 30-year high and will reach...

The world’s largest economy contracted by an annualised rate of 1.4% in the first three months of this year. The sharp drop follows growth of over 6% in the final quarter of 2021. Business insolvencies in England and Wales jump to 60 year high. Rapid increase in voluntary liquidation is driven by inflation and supply chain difficulties.  World Bank warns of human food catastrophe and war causes sh...

Food Shortages on the way – time to act! Food shortages and even rationing could be on the way as the Russia Ukraine war continues. Sanctions against Russia are forcing up the price of everything from oil and gas to wheat and Fertiliser chemicals. This is adding to existing problems of inflation caused by ‘government money creation’, soaring shipping costs and supply chain issues in China. Farmers...

The controversial Tesla boss has offered $54 a share valuing Twitter at $40 billion. Musk, who refused a seat on the board after becoming Twitter’s largest shareholder earlier this month, said he is the right person to “unlock” the social media platform’s “extraordinary potential”. As the share price jumped 5%, he warned that he would have to “reconsider” his stake in the company if his bid was re...

UK house prises continue to rise due to a shortage of family homes, the Halifax reports Despite the worst recession since the second world war, the price of the average home in the UK has rocketed by £43,577 since the start of the first lockdown two years ago, the Halifax has said. The UK’s biggest mortgage lender said the 18.2% rise increased the cost of an average home to £282,753. Buyers seekin...

Many of us have baggage that we carry around throughout our lives like a camel.  Most of these limiting beliefs or fixed ideas are things that we have learned through experience from people or events in our lives. Some of these come from a parents, friends, lovers, teachers and so on.  Unfortunately, many of these beliefs are negative. They have not come from successful, positive people, but usual...

Spring may be in the air, but the economy is still very much in winter! Like the seasons, the economy and markets are subject to natural cycles. We have had a long upturn and bull market and now we are entering a downturn or bear market. Inflation has reached a 40-year high, prices of everything going through the roof and a war causing a food a fuel crisis. Stock markets have been falling from the...

The US Federal Reserve is raising interest rates for the first time since 2018 in an attempt to bring fast-rising prices under control. The US central bank said it was lifting its benchmark rate by 0.25% and signalled plans for further rate rises in the months. Watch video version The Bank of England increased rates for the third time in the last six months to .75%. The moves come as the economy f...

Sanctions on Russia are having a negative impact on Western economies at a time when they were starting to recover from the pandemic led recession.   As the US and UK bans imports of Russian oil, and price of oil soars to near record levels, it has been reported that Middle East leaders refused to speak to President Biden. This could signal a major shift in the world balance of power away from US...

Oil and Gas price soar amid supply chain worries after the Russian invasion of Ukraine.  With inflation already soaring to 30-year highs there is no sign of relief for businesses and consumers recently hit with higher prices for petrol and gas. UK and European stock markets fell sharply with the FTSE 100 closing down 190 points (2.57%) and the FT250 down 696 or 3.57%. US markets are also down wipi...

Billions are being wiped of the value of stock markets all over the world today on the news that President Putin has sent his army into Ukraine. The prices are flashing red and moving down. On Thursday, the FTSE lost over 3% or 300 points and the Dow Jones was down nearly 700 points by 2%. Watch video version - https://www.linkedin.com/groups/8943012/ The FTSE is down 10% since January. The US S&P...

What can you do to prepare for the coming recession?   Signs of a downturn include:   Household electricity and gas bills are doubling.    Cost of petrol at the pumps highest it’s ever been.    Raw materials up by over 30%, cost of shipping is up 10 times.    The UK official inflation rate is now the highest it’s been for 30 years.    Food and essential household item inflation is running at 20 to...

With central bank rates rising around the world to control inflation, mortgage rates will be going up for millions of borrowers.  If you have a long-term fixed rate mortgage you have nothing to worry about at the moment. However, roughly one quarter of borrowers in the UK are on variable or tracker rates, which means they could be facing substantial payment increases as base rates look set to cont...

The Bank of England have hiked base interest rates for the second time in months to curb inflation, with food inflation running at over 20%. Press rises for basic utilities will inevitably suck money out of the wider economy driving the country into recession. The ECB is widely expected to raise rates and the US Fed could follow. Stock markets around the world are still falling again today threate...

The US economy expanded at its fastest rate in decades last year as it bounced back from lockdowns. Official figures from the Commerce Department revealed that the economy grew by 5.7% and by 6.9% in the last quarter – the highest growth since 1984. However, the US Federal Reserve announced this week that a rate rise is 'appropriate' soon, while analysts expect growth to slow this year, due to gov...

UK inflation has hit 5.4% mainly due to supply chain issues and soaring food and fuel prices, prompting fears that the Bank of England could raise interest rates again next month. Whilst central banks are saying inflation is transitory, others feel that inflation could run rampant in some economies – driven predominantly by supply chain issues rather than massive surges in market demand. Some coul...

Interest rates in the UK have already risen last year to 0.25% to curb soaring inflation, but the Bank of England may have to raise rates further this year as the cost of living continues to go up for millions of consumers.  Are you prepared for interest rate hikes? Do you have a fixed rate mortgage?  In the UK, HSBC are offering deals as low as 1.29% fixed for 2 years and Halifax will fix your mo...

Happy New Year! How are your resolutions and plans going? Do you want to lose weight, get fit, lead a healthier life or do something to improve your finances? Maybe you’re on a ‘Dry January’ programme? My gym was full this month of new members hoping to get fit and lose weight, but experience shows that many of them will sadly drop out within a few months. Keep on target with your goals by making...