Markets Crashing Around The World As Russia Invades Ukraine

Markets Crashing Around The World As Russia Invades Ukraine

Billions are being wiped of the value of stock markets all over the world today on the news that President Putin has sent his army into Ukraine.

The prices are flashing red and moving down. On Thursday, the FTSE lost over 3% or 300 points and the Dow Jones was down nearly 700 points by 2%.

The FTSE is down 10% since January. The US S&P and Nasdaq indices are also down over 10% from recent highs, which is entering into correction territory.

Oil topped $100 a barrel and gas prices jumped again threatening to send western economies further into recession. Consumers will be hit with higher petrol, gas and food prices as sanctions are imposed on Russia.

Will property follow stock market falls?

Property prices in the US could have peaked after a 20% spike last year as higher mortgage rates (anticipating a rate increase by the Fed) are already hitting buyers and refinance applicants.

UK average asking prices in February were up by a record £7,785 compared to last month.

Demand is being driven by ‘second steppers’ in search of more space sending prices nearly £40,000 higher than since the start of the pandemic.

The price of property coming to market rose 2.3% in February, or £7,785, according to Rightmove’s latest House Price Index.

Whilst the UK market is still buoyant, the two recent interest rate hikes to .5% will make it more expensive to buy and remortgage property.

End of tax year tax saving hints.

With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions.

You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions.

If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate.

There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). Talk to an independent final adviser.

Get control of your finances in 2022.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2.

#property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom #isa #pension #EIS #VCT #mortgage #mortgage #propertybuyer

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Demo video HERE - https://groovepages.groovesell.com/a/YtAnQDt591c6 Most successful businesses follow some pretty simple rules: 1. Sell something people want and can’t get elsewhere 2. Make it easy for them to buy from you 3. Use the best tools you can afford 4. Minimize your expenses Today I’m not going to help you with number 1. But I am going to help you with the other 3. Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6 Making it easy to buy from you is something that requires good tools, designed from the ground up to work together…FOR your business, not against it. Using the best tools (#3) usually means spending a lot of money for them and that goes against rule number 4. Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6 But let me show you a trick to accomplish 2, 3, and 4 all at the same time. It’s called a Groove Lifetime Platinum membership and if you get it by tomorrow midnight, Pacific time, you can check off 2, 3, and 4 for a lifetime. Groove is a one-login set of 18 of the most sought after needed to run a successful business. Most charge a hefty monthly or annual fee for each of these apps. And then you have to figure out how to get them all to work together. Not easy. Very expensive. But Groove is different. Not only does it give you the fastest page load times, but all the applications are designed to work together. Here’s what you get when you upgrade by tomorrow: Plus these bonuses: • A $497.00 value Butterfly Marketing Course on how to do viral marketing. • A Funnels Masterclass given by Mike Filsaime that is valued at $497.00. • And another Bonus course worth $997.00 on “How To Start and Run An Agency and How To Outsource Everything.” Any questions? Watch this video. It should answer most, if not all of your questions: Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6

Video demo of your future success...

 Most successful businesses follow some pretty simple rules:

1. Sell something people want and can’t get elsewhere
2. Make it easy for them to buy from you
3. Use the best tools you can afford
4. Minimize your expenses

 

Today I’m not going to help you with number 1.

 

 

But I am going to help you with the other 3.

 

 

Making it easy to buy from you is something that requires good tools, designed from the ground up to work together…FOR your business, not against it.

 

Using the best tools (#3) usually means spending a lot of money for them and that goes against rule number 4.

 

But let me show you a trick to accomplish 2, 3, and 4 all at the same time.

 

It’s called a Groove Lifetime Platinum membership and if you get it by tomorrow midnight, Pacific time, you can check off 2, 3, and 4 for a lifetime.

 

Groove is a one-login set of 18 of the most sought after needed to run a successful business.

Most charge a hefty monthly or annual fee for each of these apps.

 

And then you have to figure out how to get them all to work together. Not easy. Very expensive.

But Groove is different.

 

Not only does it give you the fastest page load times, but all the applications are designed to work together.

 

Here’s what you get when you upgrade by tomorrow:

Plus these bonuses:

• A $497.00 value Butterfly Marketing Course on how to do viral marketing.
• A Funnels Masterclass given by Mike Filsaime that is valued at $497.00.
• And another Bonus course worth $997.00 on “How To Start and Run An Agency and How To Outsource Everything.”

 

Any questions?

Watch this video.

 

It should answer most, if not all of your questions:

Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6

Video demo of your future success…don't miss this

Most successful businesses follow some pretty simple rules: 1. Sell something people want and can’t get elsewhere 2. Make it easy for them to buy from you 3. Use the best tools you can afford 4. Minimize your expenses Today I’m not going to help you with number 1. But I am going to help you with the other 3. Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6 Making it easy to buy from you is something that requires good tools, designed from the ground up to work together…FOR your business, not against it. Using the best tools (#3) usually means spending a lot of money for them and that goes against rule number 4. Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6 But let me show you a trick to accomplish 2, 3, and 4 all at the same time. It’s called a Groove Lifetime Platinum membership and if you get it by tomorrow midnight, Pacific time, you can check off 2, 3, and 4 for a lifetime. Groove is a one-login set of 18 of the most sought after needed to run a successful business. Most charge a hefty monthly or annual fee for each of these apps. And then you have to figure out how to get them all to work together. Not easy. Very expensive. But Groove is different. Not only does it give you the fastest page load times, but all the applications are designed to work together. Here’s what you get when you upgrade by tomorrow: Plus these bonuses: • A $497.00 value Butterfly Marketing Course on how to do viral marketing. • A Funnels Masterclass given by Mike Filsaime that is valued at $497.00. • And another Bonus course worth $997.00 on “How To Start and Run An Agency and How To Outsource Everything.” Any questions? Watch this video. It should answer most, if not all of your questions: Demo Video HERE: https://groovepages.groovesell.com/a/YtAnQDt591c6

8 tips to survive the coming recession

8 tips to survive the coming recession

 

What can you do to prepare for the coming recession?

 

Signs of a downturn include:

 

·        Household electricity and gas bills are doubling.

 

·        Cost of petrol at the pumps highest it’s ever been.

 

·        Raw materials up by over 30%, cost of shipping is up 10 times.

 

·        The UK official inflation rate is now the highest it’s been for 30 years.

 

·        Food and essential household item inflation is running at 20 to 30%.

 

·        Farm prices, fertiliser and seed are all soaring, with fertiliser up to hundred percent on last year due to the rising price of natural gas used in the production of nitrogen-based fertilisers.

 

·        Food inflation is rampant and unlikely to slow this year making life much harder for ordinary families.

 

·        Families will spend more on household essentials, such as fuel and petrol, sucking money out of the wider economy which will affect company earning.

 

·        A stock market correction or crash would reduce investment, increase unemployment and loss of billions in people’s savings.

 

·        A property crash could lead to substantial losses, mass repossessions and a squeeze on lending.

 

Watch video version.

 

In a previous podcast last year, I advised followers to “invest” in non-perishable foods and household goods, as prices were likely to rise faster than most other investments you could put your money into.

 

US national debt now exceeds $30 trillion or 128% of GDP. In 1980 the US National debt was just 34% of GDP and in 2000 59% of GDP. UK national debt is over £2 trillion.

 

Greedy banks are failing to pass on interest rate rises to savers despite two recent hikes by almost .5%.

 

8 tips to survive the coming recession

 

1.      Make a spreadsheet of all your income and outgoings. I cover this in my books and many of my podcasts. This is vital if you are going to get control of your finances and a must during a downturn when your income will be squeezed.

 

2.      Tighten your belt. Cut out all unnecessary expenditure and check those standing orders and direct debit‘s to get rid of memberships and services you no longer require or use. Unfortunately, this has a knock on effect on businesses and almost becomes a self filling prophecy driving the world further into recession.

 

3.      Reduce credit card balance or pay off if possible. With credit card interest running anywhere between 18 and 40%, it makes no sense to have money in the bank earning less than 1%. You should still have a cash reserve but if you can pay off cards or switch them to lower interest or interest free deals then by all means do so as this will save you a fortune in interest payments.

 

4.      Build up a cash reserve of 6 to 12 months of outgoings. This is essential during a downturn when the job may not be safe. Everyone should have cash reserves equivalent to 6 to 12 months of household expenditure. In reality, 90% of people have no savings and are only a couple of salary payments away from bankruptcy and homelessness.

 

5.      Take a part-time job to earn extra money or change jobs. With inflation running at record rates, your income, even with pay rises, will not be keeping pace with rising costs. You may need to consider finding ways of earning extra money through a part-time job or home-based business.

 

6.      Review your investments. Review your investments to ensure that you are not exposed to a stock market downturn or crash. This includes your pension funds and any savings ISAs or mutual funds. Seek independent financial advice. Fund managers and advisers will often advise you to stay in the market even if it’s going down.

 

7.      Review your mortgage, insurance loans and suppliers. Reviewing your loans and suppliers can save your fortune and is even more important during the recession. Loyalty does not pay. I have saved thousands of pounds by switching mortgages, utility suppliers and insurance contracts.

 

8.      Finally, stay positive and plan to come out of this recession even stronger. During a recession, many people give up and say things like, there’s no point in working because nobody’s got any money. Make sure you are working harder than the competition.

 

Warning

 

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Time to get fixed up? This has nothing to do with Valentine’s day!

Time to get fixed up? This has nothing to do with Valentine’s day!

With central bank rates rising around the world to control inflation, mortgage rates will be going up for millions of borrowers.

If you have a long-term fixed rate mortgage you have nothing to worry about at the moment. However, roughly one quarter of borrowers in the UK are on variable or tracker rates, which means they could be facing substantial payment increases as base rates look set to continue upwards.

The UK has just increased rates again - by .25% to .5%, and the US Federal reserve in look set to raise interest rates earlier than expected to combat a 7.5% inflation rate not seen since the 1980’s.

The boss of Tesco, Britain’s biggest supermarket, John Allan, said “worse is yet to come” as warned this week of further food price increases. If you’re a Marmite lover you’d better stock up as the maker is about to charge more for the popular spread due to rising costs.

Unlike the US, most UK borrowers are on relatively short-term fixed rate mortgage deals, which means they could be in for a nasty shock when their rate expires.

Now could be the time to talk to your financial adviser or mortgage broker about switching before rates go up again? Check the lender penalties to calculate the benefits of switching now.

Mortgage lenders also whack on hefty fees for giving you a mortgage rate, plus early redemption and final redemption fees, which they used to call a ‘deed handing fee’!

City property rental increases as workers return to office

Zoopla reports that the cost of renting a property in a city centre is going up as office workers, students and international residents come back. The UK is effectively dropping Covid restrictions this month and cities appear to be getting back to some form of normality.

Renters are paying an average of £62 more a month than pre-pandemic rents Zoopla found.

End of tax year tax saving hints.

With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions.

You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions.

If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate.

There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). Talk to an independent final adviser.

Get control of your finances in 2022.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2.

#property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom #isa #pension #EIS #VCT #mortgage #fixedratemortgage #propertyrental #valentinesday

Interest Rates Double To 0.5% To Cool Soaring Cost Of Living As Energy B...

Interest Rates Double To 0.5% To Cool Soaring Cost Of Living As Energy Bills Jump By £800 To An Average Of £2000 PA

The Bank of England have hiked base interest rates for the second time in months to curb inflation, with food inflation running at over 20%.

Press rises for basic utilities will inevitably suck money out of the wider economy driving the country into recession.

The ECB is widely expected to raise rates and the US Fed could follow. Stock markets around the world are still falling again today threatening a correction or crash. UK stock markets are down by half a percent and the Dow Jones and NASDAQ by over 2% today.

Life is going to get tougher this year for millions of people in Europe and America as the coming recession starts to bite. Prices are rising much faster than incomes as the “rich get richer and the poor get poorer”.

Now is the time to protect your assets and plan for your future. You could be in for a bumpy ride in the next few years.

Facebook’s growth faltered for the first time as user numbers fell. Shares plunged 20% wiping $200 billion of the value of parent company Meta.

PayPal value also plunges as it shuts down 4.5 million false accounts.

Property prices in the UK continue to increase year-on-year by an average of 11% as the market defies economic reality. Anyone owning assets, such as property, has become richer in the last few years.

Get control of your finances in 2022.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2.

#property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom