News/Blog

In the News – July 2017

The latest stories in the news for June 2017, which may be of interest to our clients. New rules to hit BTL New rules due to be introduced by the Bank of England at the end of September could make it harder for Buy-To-Let owners to obtain mortgages, says the Telegraph. The rules will require...

How to be the world’s worst investor! (Common and costly mistakes to avoid)

Question: “How do you make a small fortune?” Answer: “Start with a large one!” The $2 million dollar question As you can see, the investment world is not particularly strong in the joke department. Unfortunately, this old joke is on us – the investor! It is perhaps alarming to realise that a huge amount of...

If the Shoe Doesn’t Fit…

At Donald Wealth Management we agree with David Booth* that honesty and integrity are important business values. If a course of action is not right for a client, we will not recommend it. When it comes to financial planning and investment consulting, people need transparency. So, if we don’t offer a solution that fits the client, we will...

These Foolish Things…

As investors, we have to contend not only with the erratic and unpredictable nature of markets but also the erratic and irrational way in which we think and behave.  A lack of knowledge, combined with a number of illusions and biases can lead to errors in making decisions that can turn out to be very...

So, It Is A Hung Parliament

As dawn breaks, the morning light reveals yet another political gamble that has not paid off for the dice roller. The UK has a hung Parliament, with no party holding an absolute majority. Such is the unpredictability of a parliamentary democracy. If you ask the people of the UK what they think, be prepared for...

In the News – June 2017

The latest stories in the news for June 2017, which may be of interest to our clients. Tax eats into BTL profits Changes to the tax rules on mortgage interest will hit individual BTL owners hard, says the Telegraph. This tax year landlords can only offset 75 per cent of their interest against their profits,...

Investment and Human Nature: Give Yourself a D Minus for Behaviour

“There is one principle a man must follow if he wishes to succeed, and that is to understand human nature” Henry Ford, founder Ford Motor Co. Summary – key messages Human nature is a big impediment to successful investing, as well as success in other areas of our lives. Deep-seated evolutionary traits and behaviours leave...

In the News – May 2017

The latest stories in the news for May 2017, which may be of interest to our clients. Too much tax on pension withdrawals Up to 800,000 pensioners could be paying too much tax on their pension income, says the Telegraph. This is because the wrong tax codes are being used by HMRC, usually because the individual...

Introduce Someone You Care About

We would like to introduce our new 2nd Opinion service. This is a unique service whereby you introduce to us someone you care about and they receive a complimentary 2-step consulting engagement with us. On the first visit to Donald Wealth Management, we look at where your referral is now and where they want to be. We...

A Successful Wealth Protection Event

We would like to thank all those who attended our Wealth Protection Event in March. The event, which was hugely successful, took place on Thursday 30th March at Weston Park in Shifnal, Shropshire, starting with a champagne reception and ending with afternoon tea in the Orangery. During the afternoon, we gained an interesting insight into ‘The Principles of...