Twenty-nine-year-old Faye has made some wise investing selections and … some extra outlandish ones. Ought to this high-earning Metropolis employee, who’s dabbled in the whole lot from cryptocurrency to novelty quantity plates, get somewhat bit extra critical about how she invests? Presenter Claer Barrett, the FT’s shopper editor, is joined by Adam Walkom, co-founder of economic planning agency Everlasting Wealth Companions, and Nimesh Shah, CEO of accountancy agency Blick Rothenberg. They communicate to Faye about tax-efficient autos (comparable to like enterprise capital trusts), the six-figure wage tax lure, and why there’s nothing unsuitable with having a bit of enjoyable investing.
Disclaimer: the Cash Clinic podcast is meant as a common dialogue about investing, and isn’t meant as monetary recommendation or any type of funding advice. All people’s monetary scenario is totally different. It’s best to all the time do your personal analysis earlier than you make any funding selections.
If you want to be a visitor on a future episode of Cash Clinic, e mail us at cash@ft.com or ship Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.
Need extra? Free hyperlinks:
Learn extra in regards to the 60% tax lure right here: https://on.ft.com/4i15aaU
Learn Claer’s recommendations on different methods to keep away from the 60% lure aside from paying extra into your pension: https://on.ft.com/41glLjC
For a primer in how VCTs work – and the professionals and cons for buyers – see this FT article: https://on.ft.com/41lhpYB
Introduced by Claer Barrett, produced by Mischa Frankl-Duval, with combine and sound design from Breen Turner and Joe Salcedo. The manager producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.