Superb Diamond Range

#52 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! This podcast features returning guest and legend of the financial indepence world J.L Collins. 1. Firstly, since the last time you were on the show you've released a new book 'Pathfinders' please tell my listeners a little about it and what inspired you to write it? 2. Jumping straight into investments, what are your thoughts on bonds these days? In the UK and no doubt around the world

#51 * This is not phone advice please seek professional advice from a salesperson at your local O2, Vodafone or EE store. Although I personally use GiffGaff Pay As You Go. My previous phone usage. The good olde days. People are addicted.  Gaining your time back. Being happier. Scheduling time on the computer.  Try to live 7 days without smartphone to start. Music: Sappheiros - Fragments https://youtu.be/z_BjjubkdBo (Much Respect) Inspiration: Vishuddha Das https://youtu.be/GczvaLz-cCA (Great Video)

#50 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! Tell us a very brief little bit more about yourself and your early career up until today and how you got started investing? I’ve heard mentioned in other podcasts that you picked individual company stocks in your early days before discovering index investing. Do you still like to pick individual companies these days? What would you say are the dangers investors should watch out for? When

#49 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! 1. Firstly, Tell us a bit about yourself and what got you into risk parity in investing? 2. When i first started getting interested in investing I read Harry Browns fail safe investing. What is your opinion on the Permanent portfolio strategy? 3. For someone young who is saving investing and in the accumulation phase it's typical for them to be 100% in global equities (typically in

#48 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! 1. Tell us a little about yourself, your background Etc. 2. On this particular show we are going to be focusing on Dividend Growth Investing which is an investment strategy Derek uses. Tell me how did you first discover this strategy and what attracted you to it? 3. On your website engineer my freedom.com I note you are currently investing in 40 companies. Companies like Coca-Cola, C

#47 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! This episode we have Meagan from the financial blog Mrs Moneyhacker originally from Canada but now living in Ireland. We will be discussing investing from the perspective of living in Ireland. Been wanting to do a show about investing within Ireland for a while so my research led me to Meagan's awesome blog that I highly recommend.  1. Give us a little bit of your background, I can see

#46 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! Pay Yourself First!!! How I first heard of the concept Allocate a percentage of your wages say 5% or 10% or more Put your name on the bill column Do it before the bills Move to a separate account  Can be accessible or locked away in a pension Direct debit or standing order Automatic payments The advantage of the earlier you start the better due to magic of compounding Helps with budgeti

#45 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research! About our guest today Perry of Stupid Is The Norm: We are Perry and Will. Stupid Is The Norm is the brainchild of Perry who has made every financial mistake there is to make. Combine that experience with the geeky prowess of Will, SITN was brought to life across multiple platforms. Together we have created a programme that has brought Perry from bankruptcy, to now being able to invest £

#44 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing.   Always remember to make smart decisions and do your own research! Interview with Ed Mills The Millionaire Educator. Ed is a huge inspiration to me personally as well as to many others interested in Financial Independence and within the FIRE community. Ed Mills shows the path he as a teacher and his family have taken to take care of business and their future using various retirement saving pots like the 401K and Roth IRA and 457B Plan. Ed's advice is

#43 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing.   Always remember to make smart decisions and do your own research! Welcome Lars to the superb diamond range show, it’s an honour to have you on the show. So Lars could you start by telling our listeners a little about you and your background? Before we talk about your preferred investing strategy, what are your thoughts on buying individual stocks and in people believing they have an edge over the market?   Your strategy is not particularly complex w

#42 Interview with Jennifer Kempson of the Mamafurfur Blog & Youtube channel. Tell us a bit about yourself and how you got interested in personal finance and helping others through your blog and YouTube channel?   Do you identify with the FIRE movement?   What is your investment strategy? Allocations?    What are your thoughts on stocks and share ISAs vs Pensions?   How important do you think having a budget is?   What is your idea of a good emergency fund?   You've done some videos on mortgages, your thoughts on overpaying vs paying the typical minimum monthly amount and investing on the side?   Do you have any interest in owning rental properties?    What are your thoughts on the student debt crisis globally?   Why do you think we are not taught much about personal finance at school? Do you think it's important for parents to teach their children about money?   I have an unreal interest in reading up about personal finance and investing and i'm sure you do as well but would you say many people we know i

#41   Disclaimer: Regarding Copyright Infringement. Content will not be monetised. All respect and credit goes to the creators of these legendary games and composers. Sega, Konami, [Merlin] Xelon Entertainment and Square Enix. Yuzo Koshiro, Michiru Yamane and the great Nobuo Uematsu.   In this show majority of the music is from my personal favourite game of all time Final Fantasy 7, as well as music and gameplay sound from Streets of Rage 1 (Still holds up) and another one of my favourites Castlevania: Symphony of the night!   Firstly, I play a comparison of the music from FFVII on the PC Vs original PS1 Music. Much prefer the original PS1. More comparisons can be found by the Great Aaron Mavrinac who took the time to put together a musical comparison. Here is a link to Aaron's Youtube channel: https://www.youtube.com/watch?v=7EAlFvLFtt8 I thank him for waking me up to this.   Track List is as follows:    Aaron Mavrinac FFVII PC (1st) Vs PS1(2nd) music comparison.   Streets of Rage 1 intro music, character s

#40: In this 45 minute show we play the music of: Double Dragon NES Double Dragon Gameboy Tetris Arcade Tetris Type A Gameboy Sonic 1 including Intro,Green Hill Zone & Starlight Zone Sonic 2 including Emerald Hill Zone, Chemical Plant Zone, Metropolis Zone & Sky Chase Zone Mario Bros 3 The Movement Super Streetfighter 2 including Ryu,Ken,M.Bison/Balrog & Guile's theme. Disclaimer: Regarding Copyright Infringement. Content will not be monetised. All respect and credit goes to the creators of these legendary games and composers. Technos Japan, Alexey Pajitnov, Sega, Nintendo and Capcom USA/Japan. Kazunaka Yamane, Bradinsky, Masato Nakamua & Yoko Shimomura. Podcast:   https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2   https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw   https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/   https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range   Follow on:   https://tw

#39 * Legal: I am not a financial expert and all of the advice and information presented in my podcasts is purely anecdotal. Always consult with a financial expert before investing or moving your money— especially if you are an American or British Citizen as US/UK tax laws are very complicated. Investing in either an ISA (after Tax) or a workplace pension or sipp Pre-Tax. Choosing your investments. Stocks, Bonds & REITs. Investment behaviour.  I love Vanguard. Picking an Allocation. Risk Level. How I invest. Always use a tax free vehicle like a pension or isa. Pensions vs Isa's. Always take full advantage of your employer match, it's free money after all. No better deal in the market. Recommended reading: Fail Safe investing by Harry Brown, Investing Demysified by Lars Kroijer and The stock series Blog and Simple path to wealth book by Jim Collins. Podcast:   https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2   https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS

#38 Keeping up with the jones's, must have the latest and greatest new iPhone. Buying a phone cash Vs Financing a phone over a lengthy contract. The belief that pay as you go/prepay is more expensive than contract. Sim only contract option, 30 day contract or 12 month. Network quality, bad experiences with poor signal, dropped calls etc. Getting the balance of affordable but good quality. Data plans, do we really need so much data. Notifications overload. WhatsApp or Skype over wifi, VOIP options ETC. Don't be fooled to renew contract, it may be a trap. My current plan on pay as you go. Podcast:   https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2   https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw   https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/   https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range   Follow on:   https://twitter.com/superbdiamondra   https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w  

#37: What is a mortgage? How do they work? My personal experience with Mortgages? Own Bank Vs. Broker. The mortgage application. Credit score can determine the interest rate. Different types of Mortgages i.e. Fixed rate, Variable rate (Baloon in USA) and interest only. Fixed rate for short period and then remortgage. 15 year, 25 year, 30 year or 40 year term, what is best. Home ownership Vs renting. Overpayments without penalty bi weekly or monthly overpayment strategies to shorten mortgage and pay less interest. Benefits of an emergency saving and avoiding foreclosure. The sooner you pay off the mortgage the better, it can equal allot of freedom. Your biggest monthly expense is no more.           

#36 What are Credit Cards? How do they work? My personal experience with Credit Cards? Interest. Billing cycle. Grace Period. Interest free period. Balance Transfer. Rewards i.e. Airmiles or Cashback. It lures you to spend more. Late fees. Balance Transfers. Pay in full each month. Section 75 consumer credit act: Gives protection if companies go bust but visa debit cards also have these protections in place. Do you really need a Credit Card? Cash is still king! Always has and will be! Emergency savings are a better option then running up Credit Card balances. Credit Card merchant fees can lead to paying more than necessary. Not always wise to use credit cards, have you proven to yourself and others to be a good steward of money? Podcast:   https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2   https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw   https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/   https://www.stitcher.com/podca

#35: What is an overdraft? What is it meant for? Overdraft protection. Covers shortfalls in your income. Even if you don't have sufficient funds in your account. It allows you to complete transactions that other wise wouldn't go through. Avoids unauthorised overdrafts which leads to fees penalties. My first ever debt was an overdraft. Spain story. Overdraft protection: Who are they protecting me from myself or my bills? Had a good friend with income and always using their overdraft. My advice to friend. Friend of a friends spouse visa refused over constantly being overdrawn.  Going for a mortgage, pitfalls of always being overdrawn. Alternatives to overdrafts i.e. build cash buffer over time.  Try to avoid paying direct debit for your bills. Students and living in their overdrafts. Interest free offers to tempt. Why are you transferring your wealth to these banks? Podcast:   https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2   https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW

#34: Special mention to: Robert Kiyasaki http://www.richdad.com Dave Ramsey http://www.daveramsey.com David Bach https://davidbach.com For influencing me to create this new financial series which will discuss all things financial and hopefully help many of my listeners. Most important: Pay Yourself First!!! Pay date. Direct deposit of your pay/wages, not cheques, make it automatic. Pay by standing order rather than direct debit. Get all bills to come out a day or two after payday.  Stay away from recurring card payments! Paying your credit card bills briefly. Manually make early payments to avoid late fees and penalties. Keep a cash buffer of ideally one months expenses if not work towards building up this reserve. Aim at lowering all your expenses. Aim to be Lean. Negotiate with existing companies for best cheapest deals. Don't always stay if loyalty doesn't reward, ditch and switch. Switch your Gas and Electric to the best value deal and save 100's. Podcast:   https://podcasts.apple.com/us/podcast/superb-d

#33: In my honest opinion all Gambling is bad. Work friend on a fruit machine - Never gave up. Father on Horse Racing. You work hard for your money why not put it to a better use like buying an asset, buy a loaf of bread, some fruit and veg or some rice. I've spoken in an earlier episode about the Lottery, It ain't worth the money, It's a waste! They call it harmless fun, It isn't fun losing this months rent/mortgage going into arrears. It can lead to you and your family being out on the street. How gambling compares to drug use or alcoholism. There are better places to be than a bookies A.K.A betting shop. Did you ever hear of a betting shop going out of business? The gambling industry makes too much money off the people and the gamblers and their families are always suffering and in misery. Why not save your money. Spend less than you earn and perhaps wisely invest the difference. KJV 1611 Bible Quotes on gambling. Give rather than gamble, as giving is good, a positive action. Gambling will always be negati