The Central Bank of Ireland have calculated as at the end of September 2023 that there is over €10.7bn in mortgages on variable interest rates with many paying over 6%, €369m on fixed rates that are due to expire within one year and €15.4bn on a tracker rate paying 5.50% on average. These statistics show a vast number of customers paying excessive repayments and interest on their mortgages needlessly.
Morgan Housel was asked if he had a hypothetical $1 billon what would he do for his kids (who are still young). Morgan said he would do a few things; firstly healthcare forever, regardless of their circumstances (Morgan lives in the US so this is hugely important).
Robin Powell of the Evidence Based Investor & Financial Journalist Norma Cohen reflect on the iron law of compound interest
Robin Powell of the Evidence Based Investor & Carl Richards (Author & Financial Advisor) on how to prioritise spending on experiences over stuff
Robin Powell of the Evidence Based Investor & Jan-Carl Plagge of Vanguard share some tips for navigating stock market volatility
Robin Powell of the Evidence Based Investor & Tim Edwards of S&P Dow Jones Indices share some insights on active fund performance