.svg){kind=icon}
Investing
The FCA's Crackdown on Finfluencers: What It Means for Investors
Learn how the FCA crackdown on 'finfluencers' impacts investors and why due diligence on advisers and investments is required for secure financial planning.
November 6, 2024
In this edition of the Expat Investor Podcast, we're diving deep into the world of property investment with your host, Tom Pewtress, Global Head of Proposition at Skybound Wealth Management, and special guest Simon Athwal, a seasoned financial adviser with many years of experience in the Middle East.
In this episode, Tom and Simon tackle one of the most frequently asked questions in the world of wealth management: Why is property such a popular asset class? They explore the tangible allure of real estate, the cultural influences driving property ownership in the UK, and the historical performance that makes property a reliable long-term investment.
Tom and Simon break down the concept of leverage in property investment, illustrating how you can control a large asset with a relatively small capital outlay. They discuss how leveraging can significantly amplify returns and why it’s such a powerful tool for building wealth over time. Using practical examples, they demonstrate how even modest increases in property value can yield substantial returns when leveraged correctly.
Understanding debt is crucial to successful investing. Tom and Simon delve into the differences between good debt and bad debt, particularly in the context of property mortgages. They compare interest-only and capital repayment mortgages, providing insights into which might be best depending on your financial goals and life stage. They also discuss the importance of having a robust financial plan, especially when dealing with leverage and long-term debt.
While property is a strong investment, Tom and Simon caution against over-reliance on any single asset class. They discuss the importance of diversification, explaining how spreading investments across different assets can protect against market volatility, maintenance costs, and rental income fluctuations. The duo also highlights specific risks within the UK property market, such as interest rate fluctuations and tax implications, and how to mitigate these risks.
Are you considering investing in off-plan properties or completed ones? Tom and Simon explore the pros and cons of each, helping you understand which option might align best with your investment strategy. Whether you’re early in your wealth accumulation journey or looking for immediate rental income, they provide valuable insights to guide your decision-making.
For those planning for retirement, this episode offers essential advice on creating reliable income streams through property investment. Tom and Simon explain how property can serve as a stable source of income that complements other investments, helping to extend the longevity of your retirement savings. They also discuss property as a hedge against inflation, ensuring your income keeps pace with rising costs.
Tune in to this insightful episode as Tom and Simon share their expertise on making the most of property as an investment. Whether you're a seasoned investor or just starting, their discussion will equip you with the knowledge to navigate the complexities of property investment and integrate it effectively into your broader financial strategy.
Follow us on:
This was recorded on the 10th August 2024 and all information was correct at the time of recording. As always this podcast is for educational purposes only and is not a personal recommendation. If you’re unsure what’s right for you, you should seek advice. Past performance isn’t a guide to the future, and investments rise and fall in value so you could get back less that you invest.
Tom Pewtress is an experienced and forward-thinking financial adviser who specialises in guiding expats through the complexities of cross-border financial planning. With years of experience in multiple jurisdictions, Tom has a deep understanding of the unique financial needs and challenges that come with an international lifestyle.
Tom is dedicated to helping international professionals like you build secure, customised financial strategies that safeguard your assets, optimise growth, and support your long-term aspirations. His approach is grounded in trust and transparency, ensuring you feel confident and supported in every financial decision. Connect with Tom to explore a tailored plan that puts your financial security and future lifestyle at the forefront.
To find out more about this topic and more, please fill in the form below to arrange a call back.
Stay up-to-date with financial news and insights delivered straight to your inbox. Sign up today.
An International Wealth Management Company Built Upon That, Which Is Most Precious To You. The Desire For Freedom & Benefit.
The biggest investment we make isn’t into a single stock or share, it’s our commitment to helping you realise the future you deserve .
Listen To Our Latest Podcast
