This Week on the Ask About Wealth PodcastNot all investments are created equal, and not all of them should do the same job.In this episode, Paul breaks down the real reason most people mess up their investment strategy, and how to avoid it with the core and satellite approach.💡 You’ll learn:Why your investment objectives matter more than your attitude to riskHow to separate financial freedom assets from surplus assetsThe mistake of drawing income from growth-focused investmentsWhy the financial industry’s idea of “risk” is actually just volatilityHow to match the right asset class to the right goal, using decades of history, not guessworkThis is essential listening if you’re building, protecting, or passing on serious wealth.Ask about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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16:29
Changing Tax Residency to Reduce Taxes & Build Wealth
This week on the Ask About Wealth Podcast we sit down with international tax strategist Peter Ferrigno to unpack the misunderstood world of tax residency and citizenship by investment and how the right move at the right time could legally save you millions.In this episode:🔹 Why residency planning matters long before a liquidity event🔹 The truth about “Golden Visas” and how they really work🔹 How to legally reduce (or eliminate) tax on capital gains, pensions, or dividends🔹 The biggest misconceptions about becoming tax resident abroad🔹 How high-income earners can access EU or global residency from €250KThis episode is a must-listen for anyone considering selling a business, relocating, or building global wealth intelligently.You can get in contact with Peter directly here: https://www.instagram.com/peter.ferrigno/Ask about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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47:09
Investing in Property with Gavin J. Gallagher
This week on the Ask About Wealth Podcast we’re joined by property investor and educator Gavin J. Gallagher, who went from a €60M fortune to -€16M debt, and rebuilt. This is a rare look inside the mindset, mistakes, and learnings of someone who has truly been through it all.In this episode:🔹The mindset traps that lead investors to over-leverage and under-think🔹The 4 key forces that impact every investor, and how to manage them🔹When (and how) to use leverage, structure, and private capital in property🔹Why most people get property due diligence completely wrongEssential listening for anyone serious about building wealth through property, and keeping it.You can learn more about Gavin's coaching business here: https://www.elitepropertyaccelerator.com/You can follow him on YouTube here: https://www.youtube.com/@behindthefacadeAsk about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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38:33
The 7 Deadly Costs of Borrowing to Create Wealth
In this episode of Ask About Wealth, we delve into the much-asked question: Should you borrow to create wealth?The straightforward answer depends on a thorough analysis of the costs involved, which are far more than just the interest rate.The video explores various costs including APR (Annual Percentage Rate), application fees, insurance, tax implications, and the time value of money. It emphasizes the importance of understanding all these factors to ensure that the return on investment outweighs the total cost of finance.Should You Borrow to Create Wealth?Understanding the True Costs of BorrowingBreaking Down Additional CostsThe Impact of Taxes and Time Value of MoneyMaking Informed DecisionsAsk about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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8:25
Aviation to Entrepreneurship: Crèches, Takeaways, Gyms and More with Ken O' Malley
This episode features Ken O'Malley shares his journey from a long career in aviation to entrepreneurship.In this episode, you'll hear about:• Ken's background at Shannon Aerospace • His motivation for leaving a well-paid job to seek more control over his time.• Early entrepreneurial steps with a crèche and a takeaway business, highlighting the importance of understanding profit and loss.• Influences like "Rich Dad Poor Dad", which shaped his understanding of financial and decision-making differences.• Insights from the aircraft leasing industry, which is fundamentally a financial business.• The value of seeking expert advice, referencing his positive consultation experience.Learn about entrepreneurial mindset, continuous improvement, the power of expertise, and the importance of financial understanding from Ken O'Malley's diverse business experience.Ask about wealth helps Ireland’s high earners preserve and grow wealth.https://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.
Ireland