On the second part of my interview with the Work From Home Show, I discussed:
- The danger of market timing – one of the guests shorted the US stock market and bought gold after 2008-2009! He lost thousands
- Reducing tax bills by moving your residency.
- The danger of politicians reneging on promises, for example pensions in the UK recently, which became an election issue in 2017.
- Linked to that point is the danger of populists looking to tax the upper-middle more.
- Could a wealth tax be bought in?
- Why second residencies and passports could become a bigger trend in the future. Should you consider this for your own finances?
- The risk of “exit taxes” if you change your residency, and digital taxes, now we are moving to an online and remote world.
- Will Covid and the lockdown ensure we all need to pay more taxes?
- ISAs for UK residents
- Reinvesting dividends automatically
- The importance of being nimble and changing our plans and minds
- Are government bonds worth it with low interest rates? Is John Bogle’s advice on bonds, or Buffett’s, more sensible?
- Will the liquidity injected into the stock markets push valuations higher?
- Why there is no correlation between markets and GDP.
- Why this isn’t like the 2008-2009 banking crisis.
- Why QE is unlikely to cause consumer price inflation, but might increase asset price inflation.
- Why people shouldn’t trade the US Election!
- The fact that the US-China trade issue could get nasty.
- Localisation of supply chains from China. Could India or Vietnam benefit?
You can listen here
