Eamon’s Financial Blog

 

Eamon Porter, trading as Aspire Wealth Management, is regulated by the Central Bank of Ireland.

Having Money For The Rest Of Your Life

Most personal financial columns have a strong emphasis on investments. How do you get richer? How much can your money grow by? What are you worth? This is understandable as it is something that appeals to the greed element in most people but it is actually the wrong focus when it comes to money management. Those who have either read the book or seen the various films or TV series of Jane Austen’s “Pride and

Read more

10 Tips To Improve Your Financial Wellbeing.

Every so often I come across a new client who is searching for the magic elixir of finance – the quick fix to all their financial woes. What they are really seeking is a quick and easy way to make more money without taking risk or putting in time. Unfortunately financial management on a personal level and the advice that is needed is not sexy or glamorous. In fact, it’s plain dull and boring. Nevertheless

Read more

Why Good Investing Is Not Exciting?

Investors are a worrisome lot. When markets are falling many can get upset. Should they sell? Should they buy more? When markets are rising, the questions are the same. Should they sell? Should they buy more? It also depends on what asset is in the news. For a long time it was property, then gold, then bonds, then equities. What should I buy? What should I sell? Sometimes the easiest thing to do is to

Read more

11 Questions To Ask Your Financial Adviser

It’s that time of the year when everyone takes stock of what they should have done in the last year and what they really should do in the coming year. Financial Planning is a subject that gets addressed more at this time of the year than any other mainly because of the tendency to “I better do this otherwise I’ll never get around to it”. Once January passes however, the mental incentive does as well. So

Read more

Smart Investing – Why Your Behaviour Influences Your Own Wealth More than Market Movements

Every so often I meet a personal investor who will tell me that now is the right time or the wrong time to invest, depending on whether the markets are going up or down as well as depending on that individual’s past experience.  Despite having 30 years of investment experience I never get into an argument with them because I know something they don’t. Namely, very, very experienced investment professionals rarely, if ever, out think

Read more

Why Pension Funding In Ireland Is Even More Important Than Ever

Recently I helped a new client, of US citizenship, aged 28 and a full time worker in Ireland, set up a personal pension for herself. She wanted to make sure that her own retirement funding which she started in previous employments, also in Ireland, was continued. We chatted about pension funding in general and she was surprised that Irish people in their twenties didn’t treat it as seriously as she and her other American nationals do where

Read more

“He didn’t lick it off a stone!”

When people gossip, it’s always about someone else and more often than not, there’s a comment on someone’s behaviour. In Ireland we have a saying “He didn’t lick it off a stone” and for the non Irish readers of this blog, this “translates” into meaning that his behaviour is similar to someone else within his family. In other words, his behaviour has been influenced by his upbringing. People watching or, more correctly, behaviour watching provides

Read more

Do we really know our financial selves?

With the progress of technology we have got used to instant gratification. We use the internet to research whatever grabs our immediate attention and we use social media to pass this information on. Similarly Reality TV has become a staple in many people’s everyday activity – they watch it, they talk about it and they share commentary through social media. Whether we like it or not short term focus is the order of the day.

Read more

What To Do With Cash!

Stock markets are now at all time highs. Who would have thought that we would be saying that after the Global Financial Crisis back in 2008. Surely equity markets are now toppy? Many investors who went to cash around then have been too frightened to come back into the market in the intervening period and are now only considering re-entering after an almost 200% gain in stock prices. If anything this sounds like a classic

Read more

The World Is Coming To An End ……Again.

There is no doubt that listening to and reading the various media commentary in the last 2 weeks regarding the Chinese economy and stock market one could be forgiven for thinking that the world is coming to an end and that personal wealth positions are being eliminated. The reason why this commentary strikes a chord with the general public is the apparent truth in the numbers being quoted such as “the market has fallen by

Read more
Page 1 of 512345

Why Choose Aspire Wealth?

Book Your Discovery Meeting!

Get In Touch