Webinar: HOW TO MAKE 5% TAX-FREE WITH ZERO RISK
So, let’s recap where you are right now.
1 Your stock ISA and SIPP is losing money in 2023 or making a pitiful 5% for a SIGNIFICANT amount of risk. It’s a terrible strategy – you’re making next to nothing but taking all of the risk.
Eventually that strategy will turn against you – it’s just a matter of time. Just wait and see.
2 The risk in the stock market has been steadily increasing since 2021 and the market conditions are now WORSE than pre-pandemic. So, you are getting LOWER and LOWER returns for HIGHER and HIGHER RISK.
3 You still have to pay your broker and platform fees, and whatever you make, (if it’s outside of an ISA or SIPP) you’re going to get clobbered with tax. After charges and taxes, you might be left with just 1-2% for MASSIVE risk.
4 Inflation is 10% (and probably much higher as official numbers downplay the true cost of living). That means you are losing money every single day. You’re becoming poorer in real terms.
5 Your money in the bank is at HUGE risk. If you tie up your money in a ‘high-savings’ deposit account to earn say 5 or 6% you still have to pay tax on the interest so you might end up with just 3 or 4% if you’re lucky.
6 High deposit rates usually mean fixed 1 or 2-year periods. This means that your money is at even greater risk. When the market crashes you will have even more difficultly accessing your cash because it’s locked away.
As other depositors scramble and queue outside their banks (like they did with Northern Rock), you will be at the back of that queue because your funds are LEAST accessible. You have the LOWEST chance of getting your money back.
7 Property prices are falling faster now than for the past 15 years and mortgage rates are astronomical, so we are almost certainly headed for a full-on property crash.
8 For the past 30 years, interest Rates have been the main tool used by Governments and Central Banks to control the economy. But now they have NO control because interest rates MUST STAY HIGH to curb inflation.
So, let’s recap where you are right now.
1 Your stock ISA and SIPP is losing money in 2023 or making a pitiful 5% for a SIGNIFICANT amount of risk. It’s a terrible strategy – you’re making next to nothing but taking all of the risk.
Eventually that strategy will turn against you – it’s just a matter of time. Just wait and see.
2 The risk in the stock market has been steadily increasing since 2021 and the market conditions are now WORSE than pre-pandemic. So, you are getting LOWER and LOWER returns for HIGHER and HIGHER RISK.
3 You still have to pay your broker and platform fees, and whatever you make, (if it’s outside of an ISA or SIPP) you’re going to get clobbered with tax. After charges and taxes, you might be left with just 1-2% for MASSIVE risk.
4 Inflation is 10% (and probably much higher as official numbers downplay the true cost of living). That means you are losing money every single day. You’re becoming poorer in real terms.
5 Your money in the bank is at HUGE risk. If you tie up your money in a ‘high-savings’ deposit account to earn say 5 or 6% you still have to pay tax on the interest so you might end up with just 3 or 4% if you’re lucky.
6 High deposit rates usually mean fixed 1 or 2-year periods. This means that your money is at even greater risk. When the market crashes you will have even more difficultly accessing your cash because it’s locked away.
As other depositors scramble and queue outside their banks (like they did with Northern Rock), you will be at the back of that queue because your funds are LEAST accessible. You have the LOWEST chance of getting your money back.
7 Property prices are falling faster now than for the past 15 years and mortgage rates are astronomical, so we are almost certainly headed for a full-on property crash.
8 For the past 30 years, interest Rates have been the main tool used by Governments and Central Banks to control the economy. But now they have NO control because interest rates MUST STAY HIGH to curb inflation.
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