On this week's episode Damien carries out the annual review of his winter investment portfolio, which uses an investment strategy aimed at capitalising on a seasonal market trend. Damien reveals how the portfolio has outperformed major stock market indices despite being in cash 50% of the time. Then Damien discusses the 'pension pot for life' proposal announced by the government, exploring what is it and how it might work. Finally, Andy examines the energy costs associated with Christmas celebrations. From cooking the turkey to lighting up your Christmas tree, we break down the costs. We also reveal how much higher your energy bill will be if you are hosting this year.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.

• MTTM Podcast Episode 244 - Winter Portfolio - November 2019
• MTTM Podcast Episode 297 - Winter Portfolio - November 2020
• MTTM Podcast Episode 394 - Winter Portfolio - November 2022
• Pension tracing service
• What is pension consolidation and how do I do it?
• How to find a good financial adviser you can trust
• Take out a free trial of 80-20 investor

On this week's episode Damien takes a look at the details hidden in the Autumn Statement, including how much better off you will be after the planned National Insurance cuts. Joel then joins the show to discuss credit card pre-approvals, how they work and how they impact your credit report. Finally, Damien analyses the implications of the rise in the energy price cap that will take effect from January 2024, including how your energy bills will compare to the previous two winters.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• Autumn Statement 2023 - How will it affect you?
• National Insurance cut by 2%
• MTTM Podcast Episode 361 - VCT's and EIS's explained
• Credit Cards - What does pre-approved mean?
• How to improve your credit score quickly
• Where to get free debt advice
• Ofgem's energy price cap set to rise in January - what this means for you
• How to save money on your energy bills

   

On this week's episode, Damien explains why most people will be hit by unexpected tax bills thanks to something called fiscal drag. Damien then discusses the latest inflation figures that came in lower than widely expected. Damien then goes on to demonstrate why the government's achievement of halving inflation before the end of 2023 is not what it seems. Finally, Andy discusses your consumer rights when it comes to parcel deliveries left on your doorstep.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• Inflation drops to two year low of 4.6%
• MTTM - Episode 401 - Inflation truths
• Marriage Allowance
• Mortgage best buy tables

   

Welcome to Damien's Market Update for November 2023.

Every month Damien will be dissecting the market and providing you with his own unique take on what it may mean for you and your investments.

Subscribe now for your monthly insight into the Global Investment Markets. 

Remember, you can also watch Damien deliver his monthly insights on our Youtube channel

On this week’s show Damien discusses the Easyway method of how to become debt-free. Damien then discusses what to look out for when buying an investment trust at a discount. He explains why it occurs as well as the pros and the cons. Andy then looks at the Demand Flexibility Service and how much you can get back on your energy bills.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• • MTTM - Episode 327 - The steps to achieve financial independence
  • Allen Carr's Easy Way to get out of debt
  • What is an investment trust?
  • Demand flexibility service explained
  • The cost of leaving devices on standby overnight

   

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.

On this week's episode Damien looks at Vanguard's latest offering—a managed ISA. Is it any good and how does it compare to what's already out there? Andy then looks at the latest cashback apps that are innovating the space and might even tempt those who shun traditional cashback sites. Finally, following the Bank of England's decision to keep the base rate at 5.25% Damien explores whether interest rates have hit their peak. Damien then discusses why rates are unlikely to fall as quickly as consumers hope and what that means for savers and mortgage holders.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• JamDoughnut app review
• 5 of the best cashback apps for your smartphone
• How to choose the best ready-made ISA
• Which is the best performing Stocks & Shares ISA?
• Interest Rates Latest

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.

On this week's episode Damien explains why fixed-fee investment platforms have suddenly become a cost-effective choice for more investors and not just the wealthiest. Damien then explains how to find viable alternatives to the popular Vanguard Lifestrategy funds. Finally, Andy provides an update on the latest scams doing the rounds.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• Interactive Investor launches SIPP that costs just £5.99 per month - How does it compare?
• Interactive Investor review
• Hargreaves Lansdown review
• Vanguard SIPP review

Welcome to Damien's Market Update for October 2023.

Every month Damien will be dissecting the market and providing you with his own unique take on what it may mean for you and your investments.

Subscribe now for your monthly insight into the Global Investment Markets. 

Remember, you can also watch Damien deliver his monthly insights on our Youtube channel

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.

On this week's episode Lauren and I discuss the best Money Dashboard alternatives and I reveal my personal top pick. I then delve into the latest innovation in the mortgage sector, highlighting a new fixed-rate mortgage product with an interest rate that is 2% lower than the current best-buys. I also go on to discuss the importance of taking account of a lender's mortgage product fee. Lastly, inspired by a question from our Instagram community, I discuss how children's savings accounts are taxed and why a lot of people will now fall foul of a little-known tax trap.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• Money Dashboard to close all accounts on 31st October 2023
• Moneyhub review
• Snoop review
• Emma app review
• The Money to the Masses Budget planner
• Starling Bank increases its current account interest rate
• Skipton announces market-leading 3.35% 2-year fixed-rate mortgage deal
• Skipton Track Record mortgage review (100% mortgage)
• Money to the Masses Mortgage best buy tables
• Speak to a mortgage adviser
• 35 year mortgages on the rise
• Amortization mortgage calculator
• MTTM Mortgage payment calculator
• MTTM - Ep 392 - Offset mortgages

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.

On this week's episode Damien discusses bond markets, highlighting the significance of bear steepening and its ripple effect on the global economy. Harvey sheds light on the misconceptions surrounding life insurance for individuals with pre-existing conditions, emphasising its accessibility and affordability. Finally Andy and Damien discuss the employment rights of children, examining the legal constraints on their working hours and what constitutes a fair wage.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.  

• Speak to a life insurance expert (Free, independent advice on life insurance, critical illness cover and income protection)
• NHS BMI calculator
• Ep 197 - Yield curve inversion