Ireland’s Financial Guide For High Earners. Subscribe to the Ask About Wealth podcast to stay up to date on what matters when it comes to turning your income in...
In Episode 15 of the Ask About Wealth podcast, we welcome Kevin Canning to dive into the world of private investments tailored for high-net-worth individuals.This episode explores:Private vs. Public Markets: Understanding the advantages and unique opportunities in private investments.EIS Funds Explained: How Enterprise Investment Schemes (EIS) offer significant tax relief and diversify risk across businesses.Balancing Risk and Return: The importance of promoter "skin in the game" and real estate-backed investments in mitigating risk.Tax-Efficient Strategies: From 50% tax relief with EIS funds to leveraging 12.5% corporate tax rates for lending businesses.Investor Due Diligence: Why working with regulated advisors ensures better oversight and investor protection.This episode is a must-listen for anyone interested in tax-advantaged investment options beyond the mainstream.Ask about wealth helps Ireland’s high earners preserve and grow wealth. Learn More: https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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38:46
2024’s Biggest Financial Lessons for High Earners in Ireland
2024 was full of lessons, Paul shares a quick overview of what he learned about building wealth, managing risks, and staying ahead as a high earner.Learn more at askaboutwealth.ie Hosted on Acast. See acast.com/privacy for more information.
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The Psychology of Money
In Episode 14 of the Ask About Wealth podcast, we explore the surprising ways psychology can influence financial success with psychologist and clinical hypnotherapist Jason O'Callaghan, founder of d4clinic.ie. Together, we uncover insights into the connection between mindset and money,including:The Power of Writing It Down: How putting financial goals on paper can double your chances of success.Accountability in Action: Why surrounding yourself with the right people can make or break your financial plans.Turning Fear Into Fuel: Overcoming anxiety and rewiring your mindset to embrace calculated financial risks.Habits That Drive Wealth: Building daily disciplines to stay focused and committed to your goals.Lessons from the Successful: What high achievers and entrepreneurs get right about managing money and mindset.This episode is packed with actionable advice and psychological strategies to help you master your finances.You can get in Contact with Jason here:Website: https://www.d4clinic.ie/Instagram: https://www.instagram.com/hypnotist_jason_ocallaghan/TikTok: https://www.tiktok.com/@jasonthehypnotistThanks for listening to this week's episode and make sure to tune in again next week for more actionable insights to help you build and preserve your wealth.Ask about wealth helps Ireland’s high earners preserve and grow wealth.Learn More Here: https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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43:45
Financial Fitness: Building a Gym Empire in Ireland
In Episode 13 of the Ask About Wealth podcast, Paul welcomes Ger Conroy, founder of Ger Conroy Fitness, to discuss the financial realities of building a thriving business.From opening his first modest gym studio to managing multiple locations and an academy, Ger shares his journey of balancing passion for fitness with the challenges of managing and growing a business.This episode focuses on the financial side of entrepreneurship, including:Starting out with limited funds and learning to reinvest profits.Transitioning from a sole trader to a limited company and the lessons learned along the way.Managing business growth during challenging economic times.The critical role of professional financial planning.Navigating taxation, understanding interest rates, and ensuring long-term financial stability.Whether you're an aspiring entrepreneur or a seasoned business owner, this conversation provides invaluable insights into the financial hurdles and opportunities on the path to success.You can get in touch with Ger Conroy and follow them here:https://www.gerconroy.ie/https://www.instagram.com/gerconroyfitnessUntil next weeks episode, thanks for listening.Ask about wealth helps Ireland’s high earners preserve and grow wealth.📱 Book a 1-1 consultation✉️ Join the newsletterhttps://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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32:51
Death, Taxes, Pensions & Inheritance
In Episode 12 of the Ask About Wealth podcast, we confront a subject most prefer to avoid: planning for life’s certainties, including the inevitability of death.Paul delves into the often-overlooked complexities surrounding retirement funds, inheritance, and succession planning. Joined once again by Aidan McLoughlin, CEO of ITC and author of Pensions, Revenue, Law and Practice, they explore the critical need for proactive estate and pension planning.This episode unpacks:The tax implications of passing on pension assets.The importance of writing a letter of wishes for pension trustees.Differences in pension treatment for children under and over 21.Real-life examples of unexpected complications in succession planning.Why making a will and revisiting it regularly is vital.Whether you’re a high-income earner managing significant assets or just starting your financial planning journey, this episode is a must-listen. Aidan and Paul provide actionable insights to ensure your assets are distributed according to your wishes and that your loved ones are well-protected.Tune in to learn how thoughtful planning today can prevent challenges tomorrow.🇮🇪 Helping high earners preserve and grow wealth.📱 Book a 1-1 consultation📖 Read the book🎙️ Listen to the pod✉️ Join the newsletterhttps://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
Ireland’s Financial Guide For High Earners. Subscribe to the Ask About Wealth podcast to stay up to date on what matters when it comes to turning your income into wealth and navigating the Irish financial system. Hosted on Acast. See acast.com/privacy for more information.