Financial Father and Son

By Financial Father and Son

In the new social media-driven world we youngsters want everything in the moment. Sadly if you need stuff instantly and spend everything along the way, this is guaranteed to empty your wallet and save... more

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FAQs about Financial Father and Son:

How many episodes does Financial Father and Son have?

The podcast currently has 23 episodes available.

Financial Father and Son episodes:

August 25, 2020E13 - Lessons from a Serial Entrepreneur with David Cleevely
In this episode, we are joined by Dr. David Cleevely CBE, a serial entrepreneur and investor. In this conversation, we explore a range of topics including:
How David's companies have pivoted due to the pandemic.

Why serendipity has marked David's life.

Why meaningful relationships are a major key to success and maintaining a network.

Taking risks when you are young and can see trends.
David Cleevely, CBE, FREng, FIET is a British serial entrepreneur and international telecoms expert who has built and advised many companies, principally in Cambridge, UK.
He has founded many companies and networking organisations including Abcam (one of Cambridge’s 17 ‘Unicorns’) and Cambridge Angels (which last year partnered in investing over $100m in startups and follow-ups).

Find out more about David Cleevely:
Cleevely.com

Twitter @DavidCleevely
Episode Summary: Introduction to David Cleevely (01:01), When do you know when to commit to an idea/investment? (03:00), What pivots have your companies made due to the pandemic? (04:33), How Bocca di Lupo (David's restaurant in London) pivoted during the lockdown (09:35), How has managing all your companies remotely been? (12:11), The advice you'd give to the younger generation (14:16), What to do in your 20s (19:21), Skill-building when you are young (21:06), How are you working with you children with investing (24:38), Do you see yourself shifting to a more passive investor in the future? (29:55), Serendipity and being intentional with your decisions (32:22), Outro (37:04).
Twitter: @FinancialSon
Email: [email protected]
...more
38min
August 18, 2020 E12 - Interview with Martin Bamford from Informed Choice Radio
In this episode, we discuss F.I.R.E. (Financial Independence Retire Early) with Martin Bamford from Informed Choice Radio (icradio.co.uk). Some of the topics discussed were:

- The importance of financial building blocks
- How time and patience are your allies
- Why we typically waste as much as 15% of our lifetime income on scams.
Episode Summary: A little about ourselves (02:11), Chatting about money with your children (04:03), Why we started the Financial Father and Son podcast (06:38), The impact F.I.R.E. can have on the next generation (09:13), Getting inspired to be financially literate (11:43), What are some habits you've picked up from the F.I.R.E. movement? (13:38), How can you avoid financial scams? (17:10), WHen does retirement come for you both? (23:50).
Twitter: @FInancialSon
Email: [email protected]
...more
28min
August 11, 2020 E11 - Conor from Investment Talkk
In this episode, I talk with Conor from @InvestmentTalkk about his journey so far. We cover a broad range of topics so sit back, relax, and enjoy. Some of the topics explored were:

- Why Conor started investing.
- Red flags to look for in companies you are thinking of investing in.
- Why your investing style changes over time.

Episode Summary: Conor's education and journey to investing (00:53), What pushed you to buy your first equity? (05:25), What initially attracts you to look into a company? (10:06), When do you know to get out of a position? (15:45), With hindsight what would you have done differently during March 2020 (24:03), Why did you start sharing your investing analysis on Twitter? (27:25), How do you see your investing style change over time? (34:55), How do you diversify your portfolio? (41:15), Worst investment so far? (43:47), Red flags to look for when investing in a company (48:45), Best investment so far (54:49), What does a traditional workday look like for you? (57:28), Advice to someone wanting to pursue your career and investing in general (1:04:42), Tesla (1:16:42), Outro (1:23:18).
Twitter: @FInancialSon
Email: [email protected]
...more
1h 24min
August 04, 2020 E10 - Insurance and Estate Planning
In this episode, we discuss how to be fully insured in your life and why estate planning is important.

Episode Summary: [00:50] What is protection/insurance? [05:24] Has your building insurance paid out yet? [08:28] How much can you claim on your building insurance? [11:34] What exactly is life insurance? [13:46] Deciding how much life insurance cover you need. [15:16] What stage in life should you get life insurance? [21:05] Do you need life insurance if you don't have any debt? [25:31] Do you have enough to cash to not need to take out insurance? [27:09] Shopping around for the best insurance deal. [30:05] Wills and estate planning. [33:10] Why you shouldn't mix investments with insurance.
Twitter: @FinancialSon
Email: [email protected]
...more
40min
July 27, 2020 E9 - Paying Missed State Pension Years, Robert De Niro Liquidity Trouble and Telsa Entering the S&P 500
In this episode, we discuss how you can repay missing years of your UK state pension in order to qualify for the full pension value of £9,100 per year (or the highest amount possible for you). We also discuss Robert De Niro's liquidity crisis and how Tesla is close to qualifying to be in the S&P 500.

Episode Summary: [00:40] Paying missed years into your state pension. [04:42] The process to pay missing years. [14:10] Why the age to take your UK state pension is going up. [16:58] Robert De Niro liquidity problems. [18:45] It's all about how much you keep. [26:30] Tesla about to enter the S&P 500? [29:07] John Bogle's thoughts on P/E ratio. [31:34] Stock picking or passive investing. [36:01] Episode summary and outro.
Twitter: @FinancialSon
Email: [email protected]
...more
37min
July 21, 2020 E8 - Everyone Needs A Private Pension Nowdays
In this episode, we discuss what a pension is and the importance of building a private pension as a young person. You can think of your investments for retirement as a subscription that provides it's service to you when you are no longer working. The more you pay for this subscription now, the more it will return to you when you need it.

Episode summary: [00:52] What is a pension? [03:46] UK state pension. [06:22] UK company schemes. [09:05] What can the self-employed do for their pension. [12:34] How much you need to accumulate to stop working today. [14:57] Fees with company pension schemes vs. private pension (e.g. Vanguard). [22:18] Can you decide where your money is invested with a company pension scheme. [25:54] What can the young people of today do to ensure they have enough in retirement. [32:25] Outro summary.
Twitter: @FinancialSon
Email: [email protected]
...more
34min
July 14, 2020 E7 - Can You Avoid Financial Scams?
In this episode, we discuss our experiences with scams and whether they can be avoided. Specifically, we cover the FOMO that sells online courses, experiences with commercial property schemes that turned out to be Ponzi, and the best way to confirm whether a so-called investment is legit or not.

Episode summary: [00:49] The financial independence dream being sold by online gurus. [04:13] Our experience with being scammed. [04:58] Online course marketing should be regulated. [08:12] Commercial property buying scheme turned out to be Ponzi. [12:06] Testimonials for online courses may not always be real. [15:28] Investments should not come to your desk (most of the time). [20:53] Cold callers about investments are usually pure salespeople, and are not investment advisors. [23:33] Diversification through the stock market. [26:38] Can you check if an investment is legit? [31:15] Main takeaway from the episode.
Twitter: FinancialSon
Email: [email protected]
...more
33min
July 07, 2020 E6 - The Role of Debt in your Journey to Financial Independence (F.I.)
In this episode, we discuss the importance of debt in your journey to financial independence. Specifically, we cover whether you need to buy a house, if the markets provide a solution not being able to get on the property ladder and why car loans are dangerous.

Episode summary: [07:36] The bad side of financing. [11:49] Car loans are not as good as they are advertised. [15:33] The advertisements you see that offer a 'Great Deal' are not always what they seem. [16:44] How much debt is too much to have. [19:37] The Big Short film reference. [22:54] Index funds as an alternative to property investing. [26:17] How the younger generation can start their journey. [30:57] Avoid buying a house and just buy the stock market instead.
Twitter: @FinancialSon
Email: [email protected]
...more
34min
June 30, 2020 E5 - My Journey to Financial Independence (F.I.) at 20 years old
In this episode, I discuss how I have become more financially literate over the last few years through reading various books, attending a few seminars, and doing research online.

Episode summary: [00:48] When I first learned about personal finance. [03:36] Millionaire Teacher by Andrew Hallam. [06:08] How much you need to retire with. [10:40] Why I found budgeting so important. [16:59] Why you MUST start investing early (Unshakable by Tony Robbins extract). [21:41] You are on your own race. [27:43] Car finance payments are stopping you from becoming financially independent.
Twitter: @FinancialSon
Email: [email protected]
...more
34min
June 23, 2020 E4 - Investing is a habit, How to invest lump sums, You'll rarely beat the market & more
In this episode, we discuss the importance of making investing a habit and what steps to take in order to do so. Specifically we talk about why you should treat your investments as a monthly subscription. We also talk about why making your investment payments automatic is vital. And also why time in the market is much more important than timing the market.

Find full show notes here: shorturl.at/orJQ9
Twitter: @FinancialSon
Email: [email protected]
...more
28min

FAQs about Financial Father and Son:

How many episodes does Financial Father and Son have?

The podcast currently has 23 episodes available.