ICP028 – Experiences make you happier than material possessions
This week in episode 28 of the Informed Choice Podcast, Martin talks about a return to inflation in the UK, US interest rate expectations and why experiences make you happier than possessions.
Martin answers a listener question about taking tax-free cash from a pension pot without having to draw a taxable income.
He explains how the Informed Choice Podcast is going to be reformatted slightly over the summer, with the usual weekly episodes continuing to be published every Friday morning, and occasional bonus episodes featuring interviews on a Wednesday.
Inflation turned positive in the UK this week, after the first bout of deflation since 1960 last month. Can we expect more deflation later this year?
The US Federal Reserve kept interest rates on hold in June, but also slashed their economic forecast for the year. What does this mean for investment markets?
The Financial Conduct Authority (FCA) has made permanent their temporary ban on the sale of these complex investments to retail investors. Do you know about CoCos?
Martin is unlikely to ever become a minimalist, but buying things to facilitate experiences make us happier than owning material possessions. Is this why he’s bought a new kayak?
Here are links to everything covered in episode 28 of the Informed Choice Podcast:
If you listen to this podcast, please take one minute to leave an honest review on iTunes.
Reviews from listeners are so important to help others find the podcast, and we also really want your feedback so we know which elements of the show you enjoy and what we can improve. To leave a review, simply visit informedchoice.wpengine.com/itunes.
Martin will read out reviews at the end of each future episode, so please make sure you leave a note of your real name, so you get a mention.
If you have a personal finance or investment question you would like Martin to answer on the podcast, you can leave a voicemail for the show by following the link at icfp.co.uk/podcast. We’ll answer your question in a future episode and send you a gift to say thank you for taking part.