48 episodes

Superb Diamond Range is a Edinburgh based podcast which discusses a wide range of topics as well as interviewing guests such as Arthur and Fiona Cristian, Mark Passio, Amanda Billyrock, Peter Eyre and Richard J Miller.

Superb Diamond Rang‪e‬ Superb

    • Investing

Superb Diamond Range is a Edinburgh based podcast which discusses a wide range of topics as well as interviewing guests such as Arthur and Fiona Cristian, Mark Passio, Amanda Billyrock, Peter Eyre and Richard J Miller.

    Derek Of Engineer My Freedom (The Financial Series) | #48 | Dividend Growth Investing | podcast | superb diamond range

    Derek Of Engineer My Freedom (The Financial Series) | #48 | Dividend Growth Investing | podcast | superb diamond range

    #48
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
    1. Tell us a little about yourself, your background Etc.
    2. On this particular show we are going to be focusing on Dividend Growth Investing which is an investment strategy Derek uses. Tell me how did you first discover this strategy and what attracted you to it?
    3. On your website engineer my freedom.com I note you are currently investing in 40 companies. Companies like Coca-Cola, Cisco & Royal Dutch Shell.
    How do you pick these companies?
    4.Do you get concerned by being too heavy in one sector like say financial or Energy?
    5. Does the geography of where the companies are based come into? Like obviously you live in Ireland and clearly wouldn’t want to invest only in Irish companies like say Ryanair but if you were living in USA it would be very tempting and easy to pick say 20-30 US based companies like Apple or Google.
    6. I note from listening to some of your podcast’s that you are considering cutting the size of companies you hold in your portfolio from say 40 down to maybe 20 or 25. I personally would feel more diversified the more companies I hold shares in but admit it must be allot of effort and time focusing on having 40 companies to keep track of all of them and manage the portfolio. What is your main reason for building a more focused core portfolio and how do you plan to implement it?
    7. You obviously will be receiving monthly or quarterly cash dividends which presumably you choose how they get reinvested and into which company to move them to. How do you decide on where to move the money. Like in a strategy I’m familiar with called the permanent portfolio you have Gold, Long Term Bonds, National Stocks and Cash which are all supposed to be 25% each asset so you would be aiming to keep everything in balance if it ever got out of whack. Is this the same in dividend growth investing: selling your winners and buying more of your losers?
    8. How does tax work? I presume you pay tax on dividend’s payouts? I note you use a tax accountant/proffessional, how much of a difference has this made in saving on your taxes?
    9. When you choose a company what are the key qualities you are looking for?
    10. What are red flags for you? Could it be companies with allot of debt? Or industries that have been effected by new technologies or political changes in law etc.
    11. I mentioned to you in a recent email that the only way I could convince my wife to start investing outside of her pension was that if she could invest in 2 companies one being Disney and the other being Starbucks. Since buying a share in both they’ve never quite recovered to more than we paid for the share but they keep getting close and going down again. My wife is determined to hold them forever and never sell. What are your thoughts on these companies and as a dividend growth investor would you personally drop them or just wait things out?



    12. How easy in Ireland is it to get started investing in Dividend Growth investing? I know in the UK we have the likes of trading 212 and the like.
    13. If dividend growth investing wasn’t an option, how would you invest? Ie in property (as I know in Ireland like UK this is very popular) or index funds? Crypto? Gold?
    14. Is there any good websites or books you can re

    • 31 min
    Meagan of Mrs Money Hacker (The Financial Series) | #47 | podcast | superb diamond range

    Meagan of Mrs Money Hacker (The Financial Series) | #47 | podcast | superb diamond range

    #47
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
    This episode we have Meagan from the financial blog Mrs Moneyhacker originally from Canada but now living in Ireland. We will be discussing investing from the perspective of living in Ireland. Been wanting to do a show about investing within Ireland for a while so my research led me to Meagan's awesome blog that I highly recommend. 
    1. Give us a little bit of your background, I can see you've moved all the way from rural Quebec to the Emerald Isle and what got you to start your blog Mrs. Money Hacker?
    2. What first got you thinking about investing or the potential of financial independence?
    3. I come across allot of blogs/podcasts mainly based in the USA about personal finance there are obviously a few in UK but not many about investing in Ireland curious to know how easy it is to invest in Ireland?
    4. I note from your blog you follow an indexing ETF approach to investing (like myself) curious to know what you invest in these days?
    5. With me being based in the UK and it being a small country I follow the global markets in using The Vanguard All World ETF and If I was to get bonds I would probably use UK Gov bonds/Gilts which would be sterling based potentially the currency I may well be spending in the future. Do you follow a similar approach I know you also have investments back in Canada as well as in Ireland so curious to know?
    6. What are the typical investment vehicles available in Ireland that can be utilized? Typically in UK we use ISA's Tax Free Growth, Taxable Share Accounts, Tax deferred DC & DB Workplace Pensions and SIPP’s.
    7. One of the things I picked up from your blog is that you don’t always follow what everyone else is doing. An example of this was when you were considering moving to Ireland your family in Canada were unsure it was the right thing to do as everything was going according to the script but it proved with time to be a great idea. You obviously make your own luck?
    8. What is it you like so much about Ireland? because I can see you always had a plan to go back since first visiting.
    8.1. I actually have an uncle who spent half his life living and working in Winnipeg, Canada and half his life in Ireland growing up there. He was always homesick for Ireland and only in recent years when his sons grew up and started their careers in Canada did he move back to live in Ireland. No place like home! Hey?
    9. Along the same lines a common thing that is always recommended by financial gurus and Independent financial advisors is to make the most of your company pension or Self invested Personal Pension for my USA listeners the 401K plan. I am guilty of going along with this advice and I work in the pension industry. Was curious to know your thoughts on pensions? I do have my own doubts about losing control and governments changing rules, moving goal posts and future tax rates.
    10. What are your thoughts on property investing? Ireland is a very expensive place to live having family over there or at least family in Kildare and Dublin and having made a few trips over the years I have noticed this.
    11. Is there much of a community interested in personal finance in Ireland or within your immediate network? Like your work colleagues or circle of friends? I know Irish lik

    • 1 hr 24 min
    Pay Yourself First (The Financial Series) | #46 | podcast | superb diamond range

    Pay Yourself First (The Financial Series) | #46 | podcast | superb diamond range

    #46
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
    Pay Yourself First!!!
    How I first heard of the concept
    Allocate a percentage of your wages say 5% or 10% or more
    Put your name on the bill column
    Do it before the bills
    Move to a separate account 
    Can be accessible or locked away in a pension
    Direct debit or standing order
    Automatic payments
    The advantage of the earlier you start the better due to magic of compounding
    Helps with budgeting, how little can I live on this month?
    Automation creates momentum and momentum is key
    Importance of taking care of yourself first
    Always save before you spend, money left in your account if you're like me you'll find a way to spend it.
    Be mindful if you owe high interest credit cards or other types consumer debt
    Honourable mentions:
    Julio De Laffitte
    https://youtu.be/nSXpmjNP2Ug
    -
    City Boys R Us
    https://youtu.be/0cps1sWxvHs 
    -
    Book: The Richest Man in Babylon by George S Clason
    -
    Podcast:
     
    https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2
     
     
    https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw
     
     
    https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/
     
     
    https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range
     
    Follow on:
     
    https://twitter.com/superbdiamondra
     
     
    https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w
     
    Contact the show:
     
    superbdiamondrange@gmail.com

    • 24 min
    Perry Wilson of Stupid is the Norm (The Financial Series) | #45 | podcast | superb diamond range

    Perry Wilson of Stupid is the Norm (The Financial Series) | #45 | podcast | superb diamond range

    #45
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
    About our guest today Perry of Stupid Is The Norm:
    We are Perry and Will.
    Stupid Is The Norm is the brainchild of Perry who has made every financial mistake there is to make. Combine that experience with the geeky prowess of Will, SITN was brought to life across multiple platforms.
    Together we have created a programme that has brought Perry from bankruptcy, to now being able to invest £1200 + per month.
    We are normal guys who are doing something extraordinary.
    And  believe that anyone can become wealthy, regardless of age, ability or education.
    Which is why we want to show you how.
    --
    1. Tell me a bit about yourself and what inspired the website, blog and YouTube videos of Stupid is the norm?
     
    2. I can tell by your content that you are trying to inspire the average man/woman to work hard and too save and invest. I note from your videos that you work really hard and allot of hours. Sacrifice is important to achieve your goals?
     
     3. I really like the common sense, fun way you approach getting the message across in your videos do you think this is a good way to spread the message of Financial Freedom?
     
    4. What book, situation, movie/video or friend got you thinking more seriously about your finances?
     
    5. I note from your excellent free PDF book (which is really good highly recommend) that you are a believer in investing in the FTSE 100 do you mainly focus on UK investing or do you also invest Globally?
     
    6. What is your investing strategy?
     
    7. Do you prefer ISA's to Pensions or a mix of both?
     
    8. What are your thoughts about the state pension?
     
    9. Do you think people who earn low or minimum wage with high expenses or debt always delay saving until a future pay rise or winning the lotto and should start now even if it's a small amount each month to begin with? 
     
    10. How do you feel about Debt? Obviously allot of people think It's ok to borrow or smash their credit cards.
     
    11. What do you think of property investing?
     
    12. Rent Vs Buy, which do you think makes the most sense?
     
    13. How important do you think it is to develop a savings habit or to pay yourself first?
     
    14. Allot of your content discussing mindset, one of my personal favs is a conversation with an idiot. Most people are living for today and not taking care of business. Like holidays nights at the pub take priority. How easy is it to change your mindset and beliefs?
     
    15. Finally Perry been an absolute pleasure having you on the show. To finish, would you like to mention anything? Also where can my audience find you online?
     
    Please check out Stupid is the Norm:
     
    Website:
    https://www.stupidisthenorm.co.uk
     
    Twitter:
    https://twitter.com/stupidisthenorm 
     
    ----
     
    Podcast:
     
    https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2
     
     
    https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw
     
     
    https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/
     
     
    https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range
     
    Follow on:
     
    https://twitter.com/superbdiamondra
     
     
    https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w
     
    Contact the show:
     
    superbdiamon

    • 56 min
    Ed Mills The Millionaire Educator (The Financial Series) | #44 | podcast | superb diamond range

    Ed Mills The Millionaire Educator (The Financial Series) | #44 | podcast | superb diamond range

    #44
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing.   Always remember to make smart decisions and do your own research!
    Interview with Ed Mills The Millionaire Educator. Ed is a huge inspiration to me personally as well as to many others interested in Financial Independence and within the FIRE community. Ed Mills shows the path he as a teacher and his family have taken to take care of business and their future using various retirement saving pots like the 401K and Roth IRA and 457B Plan. Ed's advice is to avoid debt, become a hard core saver and work a plan, even if it's not perfect just getting started can leads to great results in the long term. The front loading strategy. Ed also discusses the tax advantages of saving in Pre-Retirement accounts. Ed's courage and willingness to move jobs and location to break service and move money to a better platform with lower costs. Geoarbitrage advantages. Also Ed has a passion for travel particularly Mexico and South America. As well as to be careful of the plan fee's. Types of investments. 
    Be sure to check out Ed's Website:
    https://www.millionaireeducator.com
    Twitter: @Ed_Mills_
    ----
     
    Podcast:
     
    https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2
     
     
    https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw
     
     
    https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/
     
     
    https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range
     
    Follow on:
     
    https://twitter.com/superbdiamondra
     
     
    https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w
     
    Contact the show:
     
    superbdiamondrange@gmail.com

    • 1 hr 13 min
    Lars Kroijer Investing Demystified (The Financial Series) | #43 | podcast | superb diamond range

    Lars Kroijer Investing Demystified (The Financial Series) | #43 | podcast | superb diamond range

    #43
    Disclaimer:
    We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions.  In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.  Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing.   Always remember to make smart decisions and do your own research!
    Welcome Lars to the superb diamond range show, it’s an honour to have you on the show. So Lars could you start by telling our listeners a little about you and your background?
    Before we talk about your preferred investing strategy, what are your thoughts on buying individual stocks and in people believing they have an edge over the market?
     
    Your strategy is not particularly complex which drew me to it. In fact it is very simple and low cost it generally involves 2 possibly 3 funds (if you wanted to add corporate bonds as well as government bonds). Can investing really be this simple and easy?
     
    Now generally speaking there are two parts to your strategy a global equity stocks part and a local/national currency you live in dominated bond part if it makes sense where you live. Please can you tell our listeners about the Equity side? Presumably this will be the engine and riskier side of the investment. Advantages: Shares offer higher returns, diversity away from home.
     
    I notice allot of default occupational pensions have a heavy leaning to the UK for example as well as the Vanguards Lifestrategy range. Currency risk is another thing to look out for which leads to allot of individual investors being heavy in their home market. What's your opinion on home bias? 
     
    Now would you mind telling us about the volatility reducer or as I refer to them the breaks of the fast car? This would be for the fixed income side of the portfolio. Bonds?
     
    Thoughts on adding corporate bonds to this mix? I have heard a 60% Gov bonds to 40% Corporate bonds can be a good blend. Also heard corporate bonds can behave like stocks in a crash so would you not be better off increasing global equities to take a bit more risk and just hold less Gov bonds.
     
    You mention in your book 'investing demystified' and 'YouTube' videos about the lowest risk asset available, what would you describe that as and if you believe such a thing exists in todays market?
     
    Do you have a personal preference on using say index funds Vs say ETF's?
     
    How important do you feel liquidity is with investing?
     
    Here in the UK we have tax sheltered vehicles like pensions and stocks and shares ISA's. Do you have any suggestions where best to hold certain assets. You often hear about asset allocation this question more fefers to asset location. So for example you may choose to hold Global equities mainly in your ISA and then Mostly fixed income Gov bonds in your pension. Any thoughts on this? Obviously you mention it's very important to think about taxes as it can really derail your plans.
     
    Each individual has different risk tolerances, ages, situations and incomes. Would you recommend seeking help from a financial adviser to determine their risk levels to figure out their asset allocation? Obviously there is many rules of thumb out there like your age minus 100 equals your bond portion or the 120 and 110 rule.
     
    I note from a previous podcast you were on called 'Informed Choice Radio' you said you should really only buy what fund you need at the time and to take time to assess your allocation if you feel it needs changing or updating according to where you are in your life financially. Making emotional or behavioural m

    • 42 min

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