Blog – McCarthy & Associates – Galway Talks, 03/08/2016

Issue:  A staggering number of people retain old Life Assurance Savings Policies for years.

Comment:  It amazes me the number of people I come across who have these type of policies for periods ranging from 10-20 years and never had them reviewed.  In the vast majority of cases these plans provide poor value both in terms of the cost of the Life Cover the Read more..

Blog – McCarthy & Associates – Galway Talks, 21/07/2016

Issue:  The IMF know more than our Central Bank!

Comment:  It is interesting to see that the IMF have come out with a comment on the Irish Property Market which seems to indicate that they have a better handle on what is happening than the Central Bank.  Basically their view is that the Central Bank rules are hindering the development of the market here.  Most domestic Read more..

Blog – McCarthy & Associates – Galway Talks, 07/07/2016

Question:  We have just bought our first house and are wondering should we go Fixed or Variable with our mortgage?

Answer:  Variable rates in Ireland are falling and are likely to continue to do so as they are some of the highest in Europe.  I would suggest that you could opt for Variable and review your options in possibly 9 months or so.

Issue:  False injury claims inflating motor insurance costs. Read more..

Blog – McCarthy & Associates – Galway Talks, 30/06/2016

Issue:  BREXIT and how it may affect your finances.

Comment:  Whilst there has been considerable publicity over Britain’s decision to leave the EU, there has also been a lot of “scaremongering” which has worried some people.  It will take many years for Britain’s departure to be completed.  In fact, stockmarkets Read more..

Blog – McCarthy & Associates – Galway Talks, 23/06/2016

Age Action launches video on Elder Financial Abuse Financial inaction is guaranteed to cost you money The housing crisis.

Blog – McCarthy & Associates – Galway Talks, 16/06/2016

David discusses the new account from PTSB.  He also answers the following questions from listeners:

“I am considering making an investment but I am concerned about what may happen in connection with Britain leaving the E.U, what is your advice?”

“I live in Scotland and have a considerable sum of money on deposit in Ireland.  Is it a good time to take money to the UK with the exchange rate and will I be liable for taxes in Scotland?”