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Yet another Corona post

Because this fear we are carrying is a heavy weight and it can be paralysing. 

There is no shame in coming out of yet another lockdown with the same body, the same empty canvasses you so desperately wanted to fill or still no plan about how your financial future looks. Despite all the motivated faces hopping around your Tik Tok screen, you are not alone with this! 

According to the article called “ Dealing with disappointment”, Manfred F. R. Kets de Vries, published in the Harvard Business Review disappointment is something most people struggle with. At the root of disappointment are expectations. Typically, those are set way too high. What’s the fix? 

Constructively deal with your disappointment. Admit to yourself that what you were trying to take on is too much, especially given this depressing, anxious climate we are in. 

You don’t have to do everything yourself, this is what specialists are here for. Get a financial planner to look at your finances with you. Get expert advice on your pension rather than trying to figure it out yourself. 

Don’t try to teach yourself cooking but join a Zoom cooking class. Do a virtual group workout and even meet new people. 

In reaching out for help not only do you take weight of your own shoulders, but in many cases you even support businesses that otherwise would be struggling due to the restrictions they are dealing with. 

As a Personal Assistant I can assure you, hiring somebody to support you is a game changer. 

If you need any help with your pensions or investments, please reach out to Paul Rhodes direct, or myself via the contact form below. More than likely you will speak to me anyway as I manage Paul’s diary and back office, so he can fully focus on what he does best: making your money work for you! 

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

NEWS WRAP – Eco Investment Scammers Given Prison Sentences

The Old BaileyIncreasing numbers of investors are motivated to put their money into ethically and ecologically minded investments. This is undoubtedly an admirable aim, however, investors who fail to take adequate international financial advice risk becoming vulnerable to scammers looking to prey on their good intentions.

This fact has recently been underlined with the conviction and sentencing of five men for their operation of a multi-million pound fraudulent eco-investment scheme; a scheme which has been described by HM Revenue & Customs as one of the largest of its kind to be carried out in the UK.

Read More

Spanish Tax Office’s Gibraltar crackdown

50 Euro NoteSpanish newspaper ABC has reported that tax authorities in the country are cracking down on expats who fraudulently claim Gibraltar residency for the purposes of wealth management.

Apparently the measures have already led to the collection of €20 million from 160 high-net-worth individuals (HNWIs) claiming residency in Gibraltar when in fact they lived in nearby Andalucía. This meant that, on average, €125,000 was collected from each HNWI.

Jorge Ramírez, a representative of the Tax Agency in Andalucía, told the newspaper, “A tracking system was used to collect verifiable documentary evidence, and we found some Gibraltarians whose primary financial interests were actually entirely situated in Spain.”

Read More

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