Money Tips Daily by Charles Kelly, former IFA and author of

By Charles Kelly Business CoachBusiness

Money Tips Daily by Charles Kelly, former IFA and author of episodes

October 07, 2019 When a ‘Freehold’ isn’t worth the paper it’s written on
When is a ‘Freehold’ property effectively worth the paper it’s written on and is more like a leasehold?
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
Other articles at www.moneytipsdaily.com
UK economy is slowing down and could go into recession says new report
5 Traits of the Rich Vs Poor
House Price Growth Slowest Since 2012, Say ONS
Should you be buying Gold?
3 Myths of Property Investment
Creative Finance Tools for Owning or Controlling Property
10 tips to survive and thrive in the recession - https://podcasts.apple.com/gb/podcast/money-tips-daily-by-charles-kelly-former-ifa-and-author-of/id1347175960?i=1000444007011
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
15 min
October 04, 2019 Weekly Money News Roundup 041019
Weekly Money News Roundup 041019
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
UK economy is slowing down and could go into recession says new report
5 Traits of the Rich Vs Poor
House Price Growth Slowest Since 2012, Say ONS
Should you be buying Gold?
3 Myths of Property Investment
Creative Finance Tools for Owning or Controlling Property
10 tips to survive and thrive in the recession - https://podcasts.apple.com/gb/podcast/money-tips-daily-by-charles-kelly-former-ifa-and-author-of/id1347175960?i=1000444007011
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
16 min
October 03, 2019 UK economy is slowing down and could go into recession says new report
UK economy is slowing down and could go into recession
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
A report by the IHS Markit/CPS purchasing managers suggests that the UK service sector is slowing down following construction and manufacturing.
The report suggests that the economy shrunk by 0.1% in the three months to September following a 0.2% fall in the previous quarter.
Yesterday, I reported that property price growth has almost ground to a halt. I recently reported that the ONS said that the house prices had slowed to the slowest growth rate since 2012.
Germany is economy is all but in recession and stock markets are going through a rocky patch.
Many people are blaming Brexit, but I believe that this is not the only factor. Economies go through regular cycles of expansion and contraction, boom and bust.
It doesn’t seem like we have had much of a boom since the last crash in 2008, but a longer session was avoided by governments printing money to the tune of trillions of dollars and central banks holding down interest rates.
However, just because a country is in recession, it doesn’t mean that you have to join it. You can take steps to ensure that your economy or your Ucomony keeps going, and even thrives in a recession, and works hard to see you through the storm.
Word of the Day
Macroeconomics
Macro, from the Greek word meaning large.
Macroeconomics takes a big-picture view of the entire economy, including examining the roles of, and relationships between, corporations, governments and households, and the different types of markets, such as the financial market and the labour market.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See also:
Should you be buying Gold?
3 Myths of Property Investment
Creative Finance Tools for Owning or Controlling Property
House Price Growth Slowest Since 2012, Say ONS
10 tips to survive and thrive in the recession - https://podcasts.apple.com/gb/podcast/money-tips-daily-by-charles-kelly-former-ifa-and-author-of/id1347175960?i=1000444007011
7 min
October 02, 2019 Property prices slow to 0.2% in September
Money news and Property prices slow to 0.2% in September
UK house price growth "almost ground to a halt" year to year in September, with property prices 0.2% higher, the Nationwide has said.
The country’s biggest building society also said that prices fell by 0.2% compared with August, according to figures based on its own mortgage data as a major lender.
The average home was now valued at £215,352, it said.
The Chancellor, Sajid Javid announced that the National Living Wage will rise to £10.50 within the next five years.
He will also lower the age threshold for those who qualify from 25 to 21.
Speaking at the Tory Party Conference, Mr Javid said the policy would "help the next generation of go-getters to get ahead".
9 min
October 01, 2019 Bank Scammers Stealing £1 million a Day in UK
Bank Scammers Stealing £1 million a Day in UK
By Charles Kelly, Property Problem Solver, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
Scammers stole over £200 million from UK bank customers in the first half of 2019, over £1 million a day, and the banks only refunded £39 million because they say the victims are to blame.
Learn ‘no money down’ property strategies for free!
If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.
Would you like an opportunity to attend a free No Money Down Discovery Day on 10th October?
Word of the Day
Phishing – Not Fishing!
Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords and credit card details by disguising oneself as a trustworthy entity in an electronic communication.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See more at www.moneytipsdaily.com
7 min
September 30, 2019 5 Traits of the Rich Vs Poor
By Charles Kelly, Property Problem Solver, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
I spent years researching my book, Yes, Money Can Buy You Happiness, because I wanted to find out why some people are rich and others are poor.
What I discovered is that having wealth has little to do with how hard people work, since millions of poor people work hard in jobs putting in long hours of sometimes backbreaking work all of their lives with little to show for it.
It is not all about academic qualifications. Education helps, as academic qualifications will increase your earning power over your lifetime. However, just have a university degree is not the key.
Where you live can make a difference, as people born in a first world country, like the UK, obviously have a huge advantage over millions of others born in developing countries even if they do not always appreciate their good fortune and often waste the many opportunities right in front of their noses! Yet even in poor countries, I have seen both poor and rich people, and observed similar rich traits and habits. If you go to any town in the UK, Europe or America, you will find the poor part of town and the bigger houses on the hill in the wealthier part of town. You will find people who are doing well and people who are struggling.
Is it down to luck? Luck or good fortune can play a part, but we all have those lucky breaks and times when opportunities seem to just fall in our lap. Unfortunately, we don’t always take advantage of those lucky breaks.
In this episode you'll discover the 5 traits, such as how the rich make their money work hard for them instead of just working hard for money, how they acquire assets using other people's money and more.
See full article at www.moneytipsdaily.com
Earlier I said that the rich acquire assets, the rich use leverage and the rich make their money work hard for them instead of just trading their time for money.
You can learn how to acquire assets using the leverage of other people’s money so that you can quit the rat race and start stop trading your time and life for money. This is not a ‘get rich quick scheme’ and you will not become a millionaire overnight. The first aim is to enable you to replace the income you get from your job within six months, if you follow these the strategies taught on the course. Once you have done this, you can work on yourbusiness full time, instead of someone else’s, and from there the sky’s the limit.
If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.
Would you like an opportunity to attend a free No Money Down Discovery Day on 10th October?
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See more at www.moneytipsdaily.com
Word of the Day
Tenant Buyer – Right to Own
A tenant buyer is a private tenant who is renting a property with a right to buy it on or before an agreed date in the future.
If you are currently a tenant and would like to buy your own home in the future, but unable to do so right now, drop me a line at [email protected].
10 min
September 27, 2019 Weekly News Roundup as Pound Slides on Brexit Fears
Earlier this week:
Creative Finance Tools for Owning or Controlling Property
Creative Finance Tools By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Learn more about own and controlling property using little known creative no money down strategies used by professionals to create unlimited wealth and get out...
More Recession Warning Signs
More worrying stories have been flagged in recent news stories prompting fears of a looming recession. Earlier today, the FT reported, that the Federal Reserve Bank of New York injected $66bn into short-term lending markets on Monday, building on a series of operations from last week...
Thomas Cook goes bust leaving thousands stranded
Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast People booking package holidays, as opposed to flight only deals, are covered by the ATOL protection scheme. About ATOL The law says your holiday must be protected if it is a...
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See full articles and much more at www.moneytipsdaily.com:
More Recession Warning Signs
Should you be buying Gold?
3 Myths of Property Investment
Creative Finance Tools for Owning or Controlling Property
7 min
September 26, 2019 Are Index Funds Safe From A Stock Market Crash?
Are Index Tracking Funds a Safe Investment?
Not according to Michael Burry, the legendary investor featured in the book and movie, The Big Short, who is predicting a 2008-style crash.
American Michael J. Burry is a physician, investor, and hedge fund manager. He was the founder of the hedge fund Scion Capital, which he ran from 2000 until 2008, before closing the firm to focus on his own personal investments.
Burry made a fortune betting against CDOs before the 2008 financial crisis and his estimate net worth is $250 million. He currently manages over $100 million in his own fund.
In an interview with Bloomberg, Burry said index fund inflows (investment money) are distorting prices for stocks and bonds in much the same way that CDO purchases did for subprime mortgages over a decade ago. The flows will reverse at some point, he said, and “it will be ugly” when they do.
“Like most bubbles, the longer it goes on, the worse the crash will be,” said Burry, who oversees about $340 million at Scion Asset Management in Cupertino, California. One reason he likes small-cap value stocks: they tend to be under-represented in passive funds.
Here’s what else Burry had to say about indexing, liquidity, Japan and more. Comments have been lightly edited and condensed...See full article at www.moneytipsdaily.com
Word of the Day
Index and Tracker Funds
An index or tracker fund is an index fund that tracks a broad market index or a segment thereof. Tracker funds are also known as index funds. These funds seek to replicate the holdings and performance of a designated index. Tracker funds are designed to offer investors exposure to an entire index at a low cost. Source: Investopedia.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See more at www.moneytipsdaily.com:
More Recession Warning Signs
Should you be buying Gold?
3 Myths of Property Investment
Creative Finance Tools for Owning or Controlling Property
15 min
September 25, 2019 Creative Finance Tools for Owning or Controlling Property
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
Learn more about own and controlling property using little known creative no money down strategies used by professionals to create unlimited wealth.
If you would like more information about no money down tools, email [email protected]
Word of the Day
Options
Holding an option on a property gives you the option, but not the obligation to buy.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See more at www.moneytipsdaily.com:
3 Myths of Property Investment
10 min
September 24, 2019 More Recession Warning Signs
More worrying stories have been flagged in recent news stories prompting fears of a looming recession.
Earlier today, the FT reported, that the Federal Reserve Bank of New York injected $66bn into short-term lending markets on Monday, building on a series of operations from last week to support the market after a severe bout of turmoil. The cost of overnight cash borrowing in exchange for US Treasuries — known as a repurchase agreement, or repo — soared early last week, pushing the main interest rate targeted by the Federal Reserve out of its target range. That prompted the New York Fed to intervene in the market for the first time in a decade on Tuesday. It subsequently continued daily $75bn cash injections throughout last week. Source: FT.Com
Then we had a report in The Times of “central bank warnings” after the Bank for International Settlements warned of the “troubling” rise of negative-yielding bonds to more than $17 trillion.
This afternoon, the Evening Standard Business News reported that bank share prices have tumbled following JP Morgan’s “gloomy prediction”.
I have previously written about the inverted yield curve, which has always preceded a recession.
Property prices are slowing, despite low interest rates and a shortage of housing in the UK, and smart money is moving into safe havens, such as goldand silver.
Almost 3000 shops closed in the first half of 2019 and large companies, like Thomas Cook, are going bust putting thousands out of work on a regular basis.
I don’t want to be a doom monger, but I think we are due for a recession.
Word of the Day
Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.
Officially, a country is in recession after a period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer. Marked by high unemployment, stagnant wages, and fall in retail sales, a recession generally does not last longer than one year and is much milder than a depression.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
See more at www.moneytipsdaily.com
Should you be buying Gold?
Thomas Cook goes bust leaving thousands stranded
How to earn up to 500% higher yields on your investments without high risks
3 Myths of Property Investment
9 min