Cryptocurrencies – Bitcoin, Ethereum, Litecoin, etc. – have been in the spotlight globally and locally in the past few months. Moneysmart.as states that “today, there are hundreds of digitally created currencies, as well as Initial Coin Offerings, or ICOs, which are like initial share offers to the public, giving you an opportunity to acquire the…
This is part V of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Life Expectancy Rule. This Rule sees you each…
This is part IV of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Fixed Date Rule. This Rule sees you run…
This is part III of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Inflated 4% Rule. This rule is tested for…
In last Tuesday’s post ĠEMMA referred to the importance of following successful Rules of Thumb that nudge and guide persons to reach financial and money management decisions. One important area where Rules of Thumb act as a useful and reliable steer which engages persons offers a better course of action than not following it is…
Not everybody wants individual financial advice and not everybody can afford it. Those who get individual financial advice want comfort that it is robust and reliable. Rules of Thumb are used in some savings and pensions markets to give general advice to retirees. A working definition of a Rule of Thumb is: “A simple principle,…
The ĠEMMA team has uploaded a new calculator – the ‘Inflation Purchasing Power Calculator’. Prices have a way of increasing from year to year, so most of the goods and services that we buy tend to cost more next year than they do now. This is called inflation. Over enough years, even small annual price…
The ĠEMMA Risk Profile Quiz COVID-19 is having a negative impact on businesses and economies. For some of you this may be an opportunity – investing in shares whilst they are down: as the adage goes, what goes down, goes up. With the banking sector rendering it hard to get much interest back these days…
In a recent post, we discussed how life expectancy could impact your retirement planning. There are other key factors to take into account when planning for your retirement. The first is inflation. Inflation represents the general sustained increase in prices resulting from the demand for goods. Obviously, the prices of selected goods may increase for…
The Voluntary Occupational Retirement Pension Scheme (VORPS)View the Presentation Malta is experiencing an ‘employee’s’ market. This means, that in a state of play where unemployment is nearly zero, it is the employee who dictates the terms of employment. Moreover, Gen Z – the newest generation born between 1995 and 2015 – and the millennial generation…
