Welcome to the 100th episode of Tony Talks Wealth! Listen to Tony talk to wealth experts from many of his recently published podcasts and share their wisdom on the question that Tony asks all his guests ; What does wealth mean to you?
Sign Up Now For These Exclusive Podcasts and MORE Tony Talks Wealth Content at https://www.patreon.com/TTWealth

GUESTS

• Steve Conley
• Bev Jones
• Kristina Wise
• Fanny Snaith
• Angel Ribo
• Jim Meulhhausen
• Rick Heyland
• Joseph Wilkins
• Dr Clemen Chiangmai
• EA Csolkovits

BEST MOMENTS
‘The three kinds of wealth, financial wealth, health, and social wealth. Entrepreneurs are terrible about two of those three! They are! They work too much, they don’t have work-life balance.’
‘Work hard is the secret ingredient that surpasses everything from your I.Q. to your E.Q. to your family background if you are willing to work hard.’
‘It’s balanced and successful in all areas of my life and focusing on the most important things, whether it be spiritual, my health and fitness, my relationships or my work and finances. Those are the four buckets that I generally think about.’
‘I am a multi-millionaire when it comes to my life. Really, I am. When it comes to the most amazing family, the most amazing friends. I’m so fortunate that I’ve got good health, and my family has got good health.
VALUABLE RESOURCES
Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth
Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth
ABOUT THE HOST
Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.
“Live For Today, Invest For Tomorrow”
CONTACT METHOD
Tony’s official website: https://ttwealth.co.uk/
Facebook: https://www.facebook.com/TonyThomas.IFA/
LinkedIn: https://www.linkedin.com/in/tonythomas2/

This show was brought to you by Progressive Media

Hosted on Acast. See acast.com/privacy for more information.

Individual Savings Accounts (ISA) are a great way of saving and minimising the amount of tax you have to pay on your investment returns. Tony talks about the different kinds, how they work and how they can benefit you and your Investment Plan.
KEY TAKEAWAYS

• Some ISA’s give you instant access to your money and can be used to plan your finances in the short term. You can also invest in an ISA for the future.
• If you are a UK resident over the age of 18 you can open up one of each kind of ISA over the tax year. Cash ISAs do not invest in the stock market and the investment relies on interest rates. It can act as an emergency access fund for expenses.
• Stocks and Shares ISAs is a tax efficient investment that allows you to invest your money in shares, government bonds or property with the assurance that you won't pay any capital gains tax or income tax on the proceeds.
• The Innovative Finance ISA. It allows you to lend money through peer to peer lending platforms to allow you to receive tax free interest and capital gains.

BEST MOMENTS
‘In the current tax year 2022/23 you can put £20,000 into your tax efficient ISA before the end of the financial year on the 5th April.’
‘The main factors to consider when choosing between a cash ISA and a stocks and shares ISA are the length of time you’ll be saving or investing.’
‘Peer to peer lending is a higher risk form of investing and your capital is completely at risk as there is no protection from the Financial Services Compensation Scheme.’
VALUABLE RESOURCES
Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth
Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth
ABOUT THE HOST
Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.
“Live For Today, Invest For Tomorrow”
CONTACT
Tony’s official website: https://ttwealth.co.uk/
Facebook: https://www.facebook.com/TonyThomas.IFA/
LinkedIn: https://www.linkedin.com/in/tonythomas2/

This show was brought to you by Progressive Media

Hosted on Acast. See acast.com/privacy for more information.

Risk tolerance is one of the biggest factors in your investment decision process. Tony talks about how to decide how much risk to take depending on your circumstances, goals and individual comfort level when it comes to risk.
KEY TAKEAWAYS

• Consider how you would feel if your investments lost money in the short term. If this makes you anxious, you may be significantly risk averse. If you are comfortable with this circumstance, however, you may be able to take on more risk.
• Understanding if you are comfortable with volatility or stability and slower growth will help you decide which investments to make and over what time period.
• There is no such thing as a no risk investment but manage it by diversifying over the long term.

BEST MOMENTS
‘Your potential returns available from different kinds of investment and the risk involved change over time as a result of economic, political and regulatory developments.’
‘Volatility is a measure of how much prices fluctuate over time. Investments that are more volatile have bigger ups and downs in value, while less volatile investments will have slower steadier price increases.’
‘An interest rate risk is a particular risk for bond holders. We all have our own individual risk tolerance, and it's important to establish what that is.’
VALUABLE RESOURCES
Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth
Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth
ABOUT THE HOST
Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.
“Live For Today, Invest For Tomorrow”
CONTACT
Tony’s official website: https://ttwealth.co.uk/
Facebook: https://www.facebook.com/TonyThomas.IFA/
LinkedIn: https://www.linkedin.com/in/tonythomas2/

This show was brought to you by Progressive Media

Hosted on Acast. See acast.com/privacy for more information.