Money Clinic with Claer Barrett

Fifty-eight-year-old Margo has amassed a very healthy retirement fund, in part by buying shares in Berkshire Hathaway, the investment company run by Warren Buffett. When even the ‘Sage of Omaha’ is reducing his exposure to certain US stocks, Margo wonders if it’s time for her to follow his lead and look to invest in other parts of the world. Presenter Claer Barrett, the FT’s consumer editor, is joined by not one but two FT columnists: Simon Edelsten, Partner at Goshawk Asset Management, and finance veteran and Skin in the Game columnist Stuart Kirk. Together, they chew over Buffett’s succession plans, the lure of Japanese stocks and why even Margo’s seven-figure portfolio could be particularly vulnerable to a market correction.Disclaimer: the Money Clinic podcast is intended as a general discussion about investing, and is not intended as financial advice or any kind of investment recommendation. Everybody's financial situation is different. You should always do your own research before you make any investment decisions. If you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok. Want more? Free links:Read this FT story about how Warren Buffett has reassured investors over Berkshire Hathaway’s record cash pile: https://on.ft.com/3RtjE7DRead all about Stuart Kirk’s views on the US stock market in his latest FT column: https://on.ft.com/43yzQvHPresented by Claer Barrett, produced by Mischa Frankl-Duval, with mix and sound design from Breen Turner and Joe Salcedo. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Matt Vincent, a 29-year-old strategic buyer, discusses the challenges of investing, influenced by advice from his father. As he prepares for a wedding, he’s reconsidering his stock picks like Glencore, which have underperformed. Experts Adam Walkom and Taha Lokhandwala debate the merits of stock-picking versus diversifying his portfolio. They highlight the risks of concentration in his investments and stress the importance of index funds for long-term stability. The conversation revolves around balancing investment with personal growth in a rapidly changing market.

Forty-nine-year-old Jane has always been careful to squirrel money away, and a recent inheritance has boosted her nest egg to £125,000. But there’s one problem: it’s all in cash. Now, with half an eye on retirement, Jane wants to start investing but is unsure about how to do this.Presenter Claer Barrett hears from experts Emma Sterland, chief financial planning director at Evelyn Partners, and Investors’ Chronicle editor Rosie Carr. Together, they discuss how Jane might make the most of tax-efficient vehicles like the stocks and shares Isa, how a first-time investor could build a diversified portfolio, and why knowing your reasons for investing is so important.Disclaimer: the Money Clinic podcast is intended as a general discussion about investing, and is not intended as financial advice or any kind of investment recommendation. Everybody's financial situation is different. You should always do your own research before you make any investment decisions. If you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok. Want more? Free links:Read Claer’s recent column weighing up the likely effect of rumoured Isa reforms: https://on.ft.com/4hdLMX5What’s going into your Isa this year? Read this guide about how to pick diversified investments by FT columnist Moira O’Neill: https://on.ft.com/4hcyKZPPresented by Claer Barrett, produced by Mischa Frankl-Duval, with mix and sound design from Breen Turner, Sam Giovinco and Joe Salcedo. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In this insightful discussion, Adam Walkom, co-founder of Permanent Wealth Partners, joins financial journalist Claer Barrett to tackle retirement investment strategies. They delve into the challenges faced by retirees like Paul, who are concerned about volatile US tech stocks. Key topics include the benefits of diversifying portfolios with bonds and annuities, the importance of personalized financial strategies, and navigating the complexities of transitioning from asset accumulation to income generation. Tune in for valuable insights into managing retirement funds!

Software engineer Stephan has a problem. As an early backer of bitcoin, he has made a lot of paper profit from cryptocurrencies, which now make up about a fifth of his portfolio. But Stephan’s also a big believer in ethical investing, including green investments. Given the energy-intensive nature of bitcoin mining, how could he approach resolving this conflict? Podcast host Claer Barrett, the FT’s consumer editor, is joined by FT columnist and personal finance expert Moira O’Neill, and David Baxter, funds editor at the Investors’ Chronicle. Together, they discuss the true meaning of green investing, and how Stephan might simplify his investments (and save himself some admin…)Disclaimer: the Money Clinic podcast is intended as a general discussion about investing, and is not intended as financial advice or any kind of investment recommendation. Everybody's financial situation is different. You should always do your own research before you make any investment decisions. If you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.Want more? Free links:For a great read on the future of ESG in the Trump era, read this FT article: https://on.ft.com/41qB7lWFor more information about investing using Investment Trusts, read this FT piece by columnist Jonathan Guthrie: https://on.ft.com/3QMrGYQPresented by Claer Barrett, produced by Mischa Frankl-Duval, with mix and sound design from Breen Turner and Joe Salcedo. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In this engaging discussion, financial experts Adam Walkom, co-founder of Permanent Wealth Partners, and Nimesh Shah, CEO of Blick Rothenberg, share their insights with high-earning Faye. They delve into tax-efficient investment options like venture capital trusts and highlight the common pitfalls of hitting the six-figure salary tax trap. The conversation also touches on balancing serious investment strategies with fun, such as unique ventures like personalized number plates, all while emphasizing the importance of structured portfolio management.

Stuart Kirk, a seasoned investment columnist at the Financial Times, sets an ambitious goal to grow his £500,000 portfolio to £1 million by 2032. He grapples with investment risks, debating whether to dive into US tech stocks, private equity, gold, or even cryptocurrency. The discussion challenges traditional portfolio strategies, advocating for a higher equity allocation for those in their 50s. They also explore the volatile potential of Chinese stocks, alternative investments, and the distinct investment climates of Europe and the US.

Morgan Housel, an acclaimed author known for his insights on the psychology of money, dives into the intricate relationship between our emotions and financial decisions. He shares compelling stories that underscore how early experiences shape our attitudes towards wealth. The conversation highlights the significance of time in investment strategies, advocating for patience and consistency over reckless speculation. Housel also discusses the unpredictable nature of AI's societal impact, emphasizing the need for shared financial beliefs in relationships and flexibility in financial planning.

Dan Neidle, founder of Tax Policy Associates and former head of tax at a leading law firm, dives into the looming challenges of the UK budget. He discusses how the £22bn financial gap could lead to taxing changes and the potential impact on ordinary investors. The conversation tackles misconceptions about taxation and emphasizes the need for reforms that support lower-income individuals. Neidle critiques current tax structures and explores the viability of wealth taxes, advocating for fairness and economic growth.

Sheila Bair, former chair of the US Federal Deposit Insurance Corporation and author of the Money Tales children's book series, discusses fostering financial literacy in children in today’s cashless society. She shares insightful strategies to teach kids about money and the importance of early education. Delving into personal anecdotes, Bair emphasizes smart spending and the repercussions of financial decisions. She also reflects on her experiences during the mortgage crisis and the necessity of open family discussions about money.