ICP038 - The Great Fall of China

This week in episode 38 of the Informed Choice Podcast, Martin talks about the Great Fall of China, signs you might be financially unstable and the ostrich effect when it comes to your financial health.

He also answers a listener question about investing in Investment Trusts.

In the personal finance and investing new roundup this week:

-The number of people complaining about packaged bank accounts has risen dramatically.

-The government has sold more of its stake in Lloyds Bank.

-The number of new homes being built in England rose by 15 per cent in the year to June.

-Britain spends £4.5bn a year in coffee shops, with 1 in 3 adults visiting a coffee shop every week.

-Spain has topped the list of favourite overseas retirement hotspots.

Our listener question this week comes from George, who emailed martin@icfp.co.uk with the following:

“My dad has told me that he has built up a lot of money by buying Investment Trusts. What are they exactly and should I be investing in them?”

If you have a personal finance or investment question, we would love to hear from you and have the opportunity to answer your question in a future episode of the show.

To leave your question as a voicemail, call 020 8144 2745 and record your message.

Please leave a note of your full name, mention your website or blog if you have one, and then record your question. If you could keep the question to under 60 seconds, that would be perfect, and then we will feature it on a future episode of the podcast.