In This Issue
Is it time to rethink the importance of money?
Covid and your money have a lot in common
Archive
March 2020
January 2020
November 2019
September 2019
July 2019

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Foresthill Financial Planning

J2 Maynooth Business Campus
Maynooth, Co Kildare.

Tel: +353 (0)1 6549020
Fax: +353 (0)1 6549021

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We hope this newsletter finds you and your loved ones safe and well as we move through the advanced stages of Lock-down during this unprecedented pandemic. It has been a challenging time for everyone and our hearts go out to anyone who has been unfortunate enough to have lost loved ones around this time – whether it be due to the virus or not. The human side of this pandemic has quite rightly dominated everything so far. As our government attempts to lay down guidelines and roadmaps for life-after-lockdown, the economic fall out of the pandemic will only become apparent in time. There will be damage done. How much, we don’t yet know. Things will be different in many many ways. It will require a full rethink of what we want in our lives and what is important. We want and intend to be here to help you in any way we can with this. In the coming weeks and months we will be in touch by phone and video call to talk to you and to offer our help.

 

We hope you find this newsletter informative and look forward to making contact in the not too distant future. With the changing world around us, this month we have written two articles with Covid-19 in mind. The first is about potentially rethinking the importance of money, which is a hot topic for many people who have been negatively affected by the economic impacts of the virus. This is followed by a piece that looks at how both the virus and our money can cause similar worries to us all... and how we might best deal with them. Finally, there is our usual mix of content that we found on the web that we think will be of interest to you.

 

In the meantime, if you have any queries, worries or just want to chat about things, please reach out and get in touch.

 

Stay healthy and best wishes

Is it time to rethink the importance of money?
 

As economies around the world start to cautiously emerge from their various states of lockdown, people are also stepping back into the light albeit gingerly and carefully. Some shops and services are open for business again, others have a while to wait still. Some activities that involve mass gatherings such as sports events and concerts face a quite uncertain future for some time to come. 

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Covid and your money have a lot in common
 

A recent phone conversation with a client triggered this article, as we were discussing the volatility in markets over the last few months. As we then chatted through the impact of the Covid-19 pandemic, we came to the conclusion that there are a lot of similarities between the worries caused by money and those caused by the pandemic.

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Around the Web
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Money that we spend on experiences boosts our happiness. It impacts us, far longer, than the money we spend on things.

How would you really want to spend your money?
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Similar to how markets move in a series of patterns and cycles, the behavior of the investor herd tends to follow a continuous “sentiment cycle.”

The Psychological Pitfalls of a Market Cycle
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Solicitors have seen a surge in advice about the best way to pass on the family home.

Smart ways to gift a home without leaving a huge bill
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With all the craziness going on in markets recently, sometimes the best thing to do is not to give an opinion, but to consider the wisdom of those that came before us. 

The Greatest Investment Quotes of All Time
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Here are some of the most important questions around ESG investment philosophy that need to be considered by all involved.

10 Questions ESG Investors Must Consider
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As items that were once necessities become luxuries, increasingly strapped Americans are re-evaluating what they spend and how.

Food, Rent, Health Insurance? Tough Choices in Pandemic Economy