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Research by Zurich provides fresh insights into the benefits of financial advisors and the advantages of seeking expert advice when it comes to pension planning. Zurich Life carried out research to gain insights into peoples’ attitudes towards financial advisors when it comes to pensions and savings. The research also revealed the benefits of financial advisors in general with 78% of respondents stating they would recommend a financial advisor to family and friends. The research showed that 14% of adults in Ireland stated they have a financial advisor*. Of those that have a financial advisor, 42% said the reason they have one is to help plan for their retirement. Over a third of those who do not have a financial advisor are likely to engage with one in the future. Over half (52%) of respondents to the survey said they have a pension. Of those who are not currently paying into a pension, almost half intend to start a pension in the future. When asked how much is in their pension pot, 57% said they didn’t know. Engaging with an expert Although 14% of respondents to the Zurich research stated they have a financial advisor, 86% do not. Of those that have a financial advisor, 42% said the reason they have an advisor is to help plan for their retirement. Of those who have a financial advisor, three in four believe the advice they have received has had a positive impact and 78% would recommend a financial advisor to a friend or family member. Almost a third of adults who do not have a financial advisor feel that if they were to engage with one, it would have a positive impact, and 38% are likely to engage with one in the future. Pension savings The research also found that 71% of respondents have some form of savings and investments and over a quarter are saving or investing for their pension. Although 52% of adults in Ireland have a pension, of those who are not currently paying into a pension, almost half intend to start a pension in the future. Over half (57%) of adults with a pension don’t know how much is in their pension pot. However, respondents that do know the values of their pension have on average €177,703 in their pension pot. Financial planning When it comes to understanding financial matters, almost half of respondents said they have a medium level of understanding with 35% having little or no understanding of financial matters. When asked if they felt financially secure and confident that their future financials are secure, 42% said they did. Wealth management during a pandemic A third of adults have stated that their financial situation has been negatively impacted by COVID-19 through reduced income or increased costs. However, over half of respondents have some form of savings in place to help them reduce the financial strain due to the pandemic. Just over a quarter of those surveyed believe that having a financial advisor helped during COVID-19 and of those who believed their financial advisor helped during COVID-19, 92% believed the advice they received from their financial advisor was beneficial. *Source: Zurich Financial Advisors Research Study, July 2020. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

In general, you have fewer rights if you're living together than if you're married or in a civil partnership. Co-habitants do not have any Succession Act rights to each other’s estate on death. While couples living together now have certain rights in the event of the death of either partner, or the breakup of your relationship, cohabiting couples do not have the same legal rights and obligations as married couples or civil partnerships, this has a bearing on important life events, including buying property, having children and inheritance. If assets owned by co-habitants are held as joint tenants, in which case, the survivor would automatically fully own such assets in any event without going through the deceased's estate. An individual can in his/her will leave assets specifically to their co-habitant or to any other individual. If an individual has a co-habitant and dies without leaving a will, the surviving co-habitant has no legal right to any share of the deceased's estate. The CAT threshold for co-habiting couples is €16,250.* If you live with your partner and you do not intend to marry, you can protect your financial interests by entering into a ‘cohabitation agreement’. This is a voluntary, signed agreement, which allows you to specify the day-to-day joint financial arrangements of your relationship. The advantage of a co-habitation agreement is that you prepare for future events while your relationship is still amicable. This should mean the plans you make are fair and reasonable to both of you. What we can do for you We offer expert wealth management advice to secure wealth into the future on property, investments and pensions. We can ensure the transfer of your assets in the way you wish by effective succession planning by structuring a life assurance policy in a specific way for you. Finally, strategic succession planning will lead to more efficient transfer of your wealth. LIA Factsheet: June 2022. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

If an illness or injury stops you working, you need time to get better. But you’ll still need to be able to support yourself and your family financially. You might get sick pay from your employer or have some savings in the bank to fall back on. However, given that the average household spending for an Irish family is around €3,600 a month, you might not be able to cover everything. Outlays such as your mortgage, bills and weekly food shop will still need to be paid. On top of these, there’s the cost of things that are important to you. How it works While you’re healthy, you pay a premium every month, or each year if you prefer. If you are unfortunate to fall ill or become injured and are unable to work during the term of your plan, you can then make a claim and receive a monthly income until you’re well again. While you’re getting your monthly income, you don’t pay any premiums to us. When your illness ends and you return to work, you start paying your premiums again. For example, if back pain means you can’t work, or if you’re unable to work due to mental health issues, if a car accident puts you in hospital, or if you’re diagnosed with cancer and need time out for treatment – income protection will help support you until you can work again. Taking out income protection means you’ll know that, if something like this happens to you, you’ll have money and support to help you through. You can use the money to pay your bills, or cover expenses you might build up around medical treatment. You can use it to keep doing the things that make you happy. However, you decide to use your money, it’s there to support you and your family so you can focus on getting better. Once you’ve decided which plan is suitable for you, you can then tailor it to your specific needs. At Quigley Financial Brokers we offer competitive and flexible Income Protection. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

New research highlights the benefits of financial advisors and the advantages of seeking expert advice when it comes to savings and investment options. Research carried out into peoples’ attitudes towards financial advisors when it comes to savings. The research also revealed the benefits of financial advisors in general with 78% of respondents stating the positive impact that they had when engaging with an expert advice and that they would recommend a financial advisor to family and friends*. The research showed that 14% of adults in Ireland stated they have a financial advisor. Of those that have a financial advisor, 42% said the reason they have one is to help plan and save for their retirement. Over a third of those who do not have a financial advisor are likely to engage with one in the future. Regular savings In Ireland, 69% of adults save regularly and 71% of respondents have some form of savings and investments. Two thirds of respondents save over €2,000 per annum and the average amount saved by adults in Ireland each year is €4,291. Savings goals Over a quarter of respondent’s research said they are saving or investing for their pension. 22% of adults are saving for a new house, while 19% are saving because they want to start a new business. Education is another motivation for saving with 17% saving for their children’s school and college costs and 14% saving for their own educational needs. Other reasons people are saving include: for a new car (18%), wedding (5%) and home and car repairs (5%). Return on investment When it comes to return on investment almost a third (32%) of adults receive a return of 0% - 0.25% on their savings. The average interest rate savers receive is a rate of 0.35%. Almost half of respondents have a medium level of understanding of financial matters with 35% having little or no understanding of financial matters. Whether you're saving for a new home, your dream wedding, college fees or simply for a rainy day, a sensible savings plan can make all the difference. There are lots of different savings and investment options so getting advice from a financial advisor can help you decide what the best savings product are for your needs. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

Pension investments often span more than 30 years, so it’s reassuring to seek out a provider that has shown a consistent and robust investment framework through all sorts of economic ups and downs. When it comes to pensions, no other savings vehicle gets the star treatment from Revenue that pensions do. That is, tax relief on contributions, tax free investment growth and a tax free lump sum waiting for you on retirement. But pensions are a long term savings vehicle, and the longer you save, the better. Over all that time it is your pension provider’s investment strategy that works diligently away in the background, doing its level best to make sure the value of your pension grows. It can be hard to choose a pension provider, but if there’s a rule of thumb, look at their investment track record over time. While it is absolutely true that the value of investments can go down as well as up, and that past performance is no indicator of future returns, knowing a pension provider’s track record should play a part in informed decision making. Get your pension working for you. Pensions are designed to benefit from compounding. What that means is that, if you take a sample annual growth rate of 5 per cent, if you contributed €100 in 2021, it’s worth €105 at the end. That means you’re starting off with €105 next year and you’ve more money growing for you in your pension pot. But the growth rate depends on what your pension is invested in. Insurance companies typically offer a variety of funds based on a different asset classes, such as equity or property. The vast majority of pensions are invested in multi-asset funds, comprised of different asset classes. The benefit of these is that diversification is built in. This matters because different asset classes perform better at different times, depending on what is going on in the world. In recessionary times investors tend to move to safe haven assets such as cash or bonds, which tend not to give such great returns but are reckoned to offer better investor protection. In good times, equities are expected to give greater returns. If assessing markets and making investment decisions accordingly is outside your comfort zone, looking for a pension provider for whom active management is a core competency can help. Pension investments often span more than 30 years, so it’s reassuring to seek out a provider that has shown a consistent and robust investment framework through all sorts of economic ups and downs, over the long term. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

Pension plans come in many different packages for the upcoming Dublin retiree. From traditional simple interest savings to social welfare pension plans, you definitely have a lot of options to work with as you plan to secure your post-retirement future. Perhaps one of the least explored options is that of annuity. So what is annuity? How is it different from any other regular pension plan? And is it really for you? Let’s find out. What is Annuity? Annuity is a type of pension plan offered by an insurance company. You as the retiree purchase an annuity with a lump sum payment and receive income from the insurance for the rest of your life. The size of the lump sum as well as the lifetime monthly payments depend on the contract, the amount you are willing to invest, and the insurance company’s rates and policies. The payments can start as soon as 30 days after the contract is signed or years later when you finally retire. Perks of annuity over other pension plan options Not all pension plans are created equal in terms of security and returns capacity. Annuity easily stands out as one of the best options people planning for retirement have to work with. Here are a few perks you have to look forward to should you decide to take the annuity route. ✔ It guarantees a steady flow of livable income for the rest of your life with annuity plans in Ireland reaching rates of as high as 6%. ✔ Some annuity plans include tax benefits. ✔ It allows flexibility in terms of contribution and payable amounts based on your needs and capabilities. ✔ Plans like fixed annuity and other similar alternatives offer great security so you don’t have to worry about losing your money. ✔ It is transferable to dependents in the event of an untimely death. ✔ You can get plans that have scheduled increases in the payable amount. ✔ It is a good option for people approaching retirement age who may not have explored other pension investment plans earlier Let Quigley Financial Brokers help you optimize your annuity plan Choosing the right annuity plan will make all the difference in terms of how much financial security you get to enjoy after you retire. The right plan could mean a cozy retirement while the wrong choice will leave you with just as much financial stress as you had while working. If you want professional and client-oriented pension broker Dublin services, then look no further than Quigley Financial Brokers. We have all the experience and understanding of the Dublin pension market to help you settle for the best annuity pension plan for your needs. We will also answer any other questions you may have about annuity. That way, you can make more informed decisions that in the future you will definitely appreciate. Reach out today Contact us today alternatively book your consultation https://www.quigley.ie/book-consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

The 2020 (and 2021) pandemic hit the global financial scene hard. Ireland was somewhat spared and enjoyed an increase in GDP of 5.9%` However, this does not mean that we got out unscathed with many investments markets commodities to pensions and stocks suffering very turbulent times. One thing the past 2 years have taught us is the importance of preparing not only for the future but for the worst case scenarios in said future. That is why it is so important, now more than ever, to make smart investment decisions. To help you out, here are a few tips for both first-time and seasoned investors. 1. Diversify your portfolio Don’t put all your financial eggs in one basket. This is probably the most basic piece of advice that everyone getting into the investment game hears. And if 2020 taught us anything it is the fact that diversifying really helps cushion the blow when things get tough. With all the different investment opportunities Dublin has to offer, spreading the risk is actually not that hard. 2. Be smart with your lump sum investments Lump sum investments in Dublin are becoming more and more popular whether it is newfound wealth from inheritances or business investments finally paying off in a big way. Despite the big risk involved, seeing how much of a payout these investments can bring puts their popularity into perspective. However, as with any other investment it is always best to err on the side of caution. It helps a lot if you are working with experienced advisors to help you figure out how much of the lumpsum to invest and where. 3. Work with experienced financial brokers While we are still on the topic of financial advice, it helps to invest in the services of the best financial advisor in Dublin in which case Quigley Financial Brokers are your safest bet. Their experience will come in handy during turbulent times to help you figure out whether to stay put or jump ship with shaky portfolios. 4. Never make financial decisions out of fear or excitement This is particularly important for long-term financial investment plans. Avoid making decisions based on trends, hype, and mass panic as this rarely ends well. Instead, take your time to understand what is changing, how, and why. It also helps to consult your financial advisor so you can make an informed decision. 5. Don’t underestimate the power of a rainy-day fund Investments are great as they are a way to help you get your money to make you more money. However, it is important to understand that having a rainy-day fund is just as good of an investment as any other. Emergency funds may not necessarily give you great returns, if any at all. However, they definitely do come in handy when times are tough by giving you a safety net to land on and build back up from when things get bad. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

Whether you are building your very first home or fixing up a run-down unit as an investment, understanding the power of self-build mortgages is very important. These mortgages could be what it takes to help you build the house of your dreams without financial constraints slowing the project down or forcing you to compromise on details you actually prioritize. The best part is that if you play your cards right, you could easily turn your self-build mortgage plan to help put up a home that will be the best investment of your life. But what exactly are self-build mortgages? How are they different from buyer mortgages? And most importantly, are they really a good idea to invest in? What is a self-build mortgage? According to a recent survey, more than 50% of new homes built in Ireland are self-build projects. Building a home or renovating a beaten up fixer-upper can be very pricey. Self-build mortgages are designed to ease the stress on the future homeowner by taking care of all important needs that come up as the building project continues. The self-build mortgage plan is ideal for aspiring homeowners who want to quite literally make their homes their own. By being involved in the building process, you get to infuse your future home with your very essence from the choice of layout to every last finishing detail. This freedom is in contrast to residential mortgages that fund the purchase of homes that, to be frank, may never tick all your boxes. Self-build mortgages vs. traditional residential mortgages This isn’t the only difference between the two mortgage plans. What makes self-build mortgages interesting is that, unlike buyer mortgages, you do not receive the full amount you qualify for all at once. Instead, most mortgage lenders will release funds as each stage of the building process is completed. This is what is referred to as “staging the building costs”. With this step-wise release of funds, you won’t have unforeseen expenses taking up all the money before you get to other important stages of the building project. This increases the chances of the building work being completed in a timely fashion. That is why it is important to also have a separate nest egg that will cover any additional costs. What you need to secure a self-build mortgage in Dublin As with any other mortgage, there are a lot of requirements from paperwork to credit scores that you need to qualify for a self-build mortgage. However, there are 3 specific requirements without which this specific type of mortgage will not work. These are the site where the home will be built, plans for the build, and a budget. With some mortgage lenders in Dublin, the site can actually serve as a deposit or security that will help fast-track the approval process. Turn to Quigley Financial Brokers to secure your ideal mortgage Quigley Financial Brokers is home to the leading mortgage broker Dublin experts. We have a lot to offer in your journey to building your dream home and helping you secure a good self-build loan will be the most important step. With our advice and guidance through the entire process, you will be able to identify the best self-build mortgage plans and make an application that will be hard to say no to. If you are curious about other mortgage plans including and investment options to help you finance your dream home, Quigley Financial Brokers are home to one of the most experienced and skilled financial minds in Dublin. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

How much return are you getting on your bank deposits? Interest rates on bank deposits are at historic lows, even hitting 0.01% interest. It'll still be subject to the Deposit Interest Retention Tax (DIRT) 33%, leaving you with far much less at the end of the year. Factor in inflation and it'll basically be a negative yield on your bank deposits. Looking For More Growth For Your Business? Sure, parking cash in your bank account is needed to meet the short-term cashflow needs of your business operations – but you'll also notice how the interest itself is not high. In fact, Irish banks are currently being charged for excess deposits with the European Central Bank (ECB), and only three of them have not passed over the negative interest rates to their customers. The rate is currently at -0.5%. Are you simply paying the bank to hold your money? Transferring the non-working capital into a life company investment plan will give you more potential for growth, with different funds available depending on your risk tolerance and time horizon. Benefits Of Corporate Investments Through Life Assurance Policies 1. Save on taxes If your company were to invest directly in stocks and equities, property or deposits, income from the investment is liable for a 25% cut as corporation tax. This includes the non-trading income, such as dividends and rent obtained from the investment. There is also a 12.5% standard corporation tax that the trading profits are subjected to. On the other hand, placing the capital in a life assurance investment policy is only liable to a 25% exit tax that is applied as a gross roll-up. This means that the capital gains and all income with the policy is accumulated over time, without chunks being hived off annually – so your investment grows faster. The 25% tax is applied only once on exit, such as withdrawal, maturity, death or assignment. This gain is calculated for the accumulated amount on each 8th anniversary. 2. Easily diversify With direct corporate investments, rebalancing your portfolio can end up triggering different sorts of Capital Gains Tax requirements depending on what you had invested in. However, the life assurance policies give you a wide array of investment options within the same product, so you can diversify your portfolio as needed without much hustle. 3. Avoid the close company surcharge Many of the Irish resident businesses are 'close' companies. They are controlled by 5 or less participators/directors. Participators are people with an interest in the capital or income of the business. The close companies are businesses where once the full income is distributed, over 50% of it goes to the 5 or less participators. So, what's about the surcharge? If the income is not distributed within 18 months after the accounting period where it was declared, then it will be subject to a 20% surcharge – that’s quite a significant hit to your books. Transferring those cash reserves from your deposit account and placing them into an investment product will drastically cut down, or even eliminate, the liability. With a life assurance investment policy, your investment in the bond is exempt from the surcharge. That means you can leave it to continue growing over the long term and not worry about this chunk getting bitten off. 4. Less Paperwork Then there is the amount of accounting and red tape to follow through. For the direct company investments, you are responsible for correctly calculating, paying and reporting your tax obligations. With a life assurance package, the provider of the policy will deduct and pay the exit tax, and give you the balance – meaning you skip lots of the hoops involved. Interested in an investment plan that is in line with your corporate strategy? At Quigley Financial Brokers, we will set you up with the appropriate team, working with you to determine the right investment options for your business. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

Client demographics are evolving. Big tech has contributed to the growth of a well-informed generation, changing the Dublin wealth management ecosystem. With a more demanding client segment and tech-savvy investors, wealth management firms are enhancing their capabilities quickly to seize the moment. Let’s look at these trends and how they affect the product offering: 1. Reports with a digital experience Clients want fast access to their portfolio reports, in an easily digestible format. It’s no longer just about providing a digital version of the conventional paper-based reports. Wealth management Dublin firms are now focusing on intuitive and customized interfaces that clients can engage with to access dynamic reports. 2. IoT and personalized advice Wealth management is getting hyper personalized. Data analytics technology currently available already enables the firmsto leverage on their customer data to get insights that are in line with each individual. As the trend moves to automated portfolio management, IoT devices will collect real-time data with insight into the clients' lifestyle, such as saving and spending habits. Analyzing this information then shows the risk tolerance of the client, making onboarding smoother. 3. Debiasing in active funds Investment decisions based on intuition can have occasional successes, but the drawback – should it not pan out as expected, can lead to heavy losses. This is one of the factors that has contributed to reduced profit margins of actively managed funds, turning clients away to passive index funds. However, machine learning is increasingly being adopted, with the debiasing techniques involving loads of data being crunched down to show if the decisions being made are driven by emotions, which then trigger alerts. By changing cognitive biases and setting up corrective measures, wealth management firms are well-poised to create winning strategies that go for the long term. 4. Impact investing With more investors embracing sustainable investing, there is increased asset allocation in line with the clients' ESG (Environmental, Social Governance) requirements. Wealth managers providing these strategic investment opportunities have the competitive edge, securing a long-term presence in the niche. 5. Gamification No, managing your portfolio is not a game. Here the focus is simply on the tools used to engage clients, especially the millennials who are forming an increasingly larger portion of the clients. Aspects of game playing, like using virtual reality and augmented reality to make the portfolio management more intuitive and influence the behaviour of clients, attracts more of them into the market. The goal is twofold: make it easier for the investors to understand the different niches where their wealth is being put to work; as well as enable the wealth management advisors understand the client's needs better. 6. Tech and regulatory compliance Managing portfolios across different jurisdictions and meeting regulatory requirements can get costly - especially since the rules keep on changing. Take Europe's General Data Protection Regulation (GDPR) and USA's Fiduciary Rule for instance. These focus on data governance, and wealth management companies have had to invest in tech solutions to streamline their operations. Managing liquidity risk is another key aspect of compliance. From automating reporting tasks to getting solutions with dashboards where liquidly can be easily monitored – the different solutions will enable the firms to respond faster to changes in regulations. This reduces operating costs, and the benefits can then be passed on over to clients through higher returns on their portfolios. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

So you get an unexpected bonus, have surplus funds, or you've just completed a huge sale and have the cash sitting in your account – what do you do with it? Definitely not just remain there since it's just losing its value to inflation. But you also don’t want to go all-in on the latest hype stock and get burned in the process. You've probably heard of Systematic Investment Plans (SIPs) where you grow your wealth by adding small amounts of money to a fund at regular intervals over time. Sure, this increases your investment disciple and you get to benefit from cost averaging as opposed to timing the market. However, due to the smaller monthly instalments, the return over time may not be to your liking. What if you could put it all in at once and score better returns – especially in a bull market where you can ride it up? That's where lump sum investing comes in. Get more from Compounding Compared to the SIPs, lump sum investing enables you to accumulate more wealth over time. While the SIP gives you a means to save money coming in from your different sources of income, the smaller monthly instalments made in the product gives you a smaller return compared to the significant gains you would make by putting in the hefty lump sum at once and earning more through the compounded interest. Taking Advantage of Market Corrections During market dips, acquiring more units of selected financial products in lump sum will give you higher yields when the market resumes its uptrend. However, "timing the bottom" is not as easy as it sounds. Rather, one picks a comfortable entry point at which you can go all in and wait for the market to bounce back. Don’t have time to keep watching market cycles? Wealth managers do it for a living, and parking your capital with them enables you to get higher returns with a portfolio that is tailored to your particular risk appetite. At Quigley Financial Brokers , income and gains are allowed to build up tax-free until every 8th anniversary on a gross roll-up basis. Talk to us and let’s make a financial plan that suits you. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.

We all want to get there – A stage in life where you have sufficient investments, savings, and liquid cash to fund the lifestyle you desire. Set your family up in that dream home. Take that random trip without worrying about missing a day at the office. Spend more time with your spouse and kids without the restriction of a fixed 9-to-5 job. A point where your daily pursuits will be based on what you really want to do, not the need to meet the next paycheck. Here is how you get there. 1. Set your goals Financial freedom means different things to different people, so you need to define your own goals. For some, it’s to clear their debt. Perhaps it's getting your own home. Others target income that can cover their debt and living expenses. Many want enough cashflow to travel around the world and give back to their communities. The goals should be specific, measurable, and realistic – both short-term and long-term. How much money will you need to get there, and how many months will you want it to take? 2. Plan for emergencies You need a safety net. Illnesses, accidents, job loss, death of a loved one – these can wipe you out unless properly prepared for. The general rule of the thumb is to have enough savings to cover 3 months of expenses. Also look into getting insurance covers, especially medical insurance as well as income protection. A financial advisor comes in handy here to assist you in assessing your risk level and finding the insurance packages that suit you. 3. Clear bad debt and pay down your credit card Your lenders are making money off of you with the interest they charge. Minimal monthly payments simply stick the debt on your for longer, and cost you more in the process. Increase your monthly payments, starting with the credit card that has the highest interest. You can then use the extra money you won’t have spent on the interest to pay off other debt. 4. Make your money work for you Two words: Passive income. There are different asset classes that can be included in your investment strategy - fixed interest deposits, money market funds, shares, property, commodities, futures, and other financial derivatives. They have varying risk levels, income potential, liquidity limitations, and tax requirements. Talking to a financial advisor will help you navigate these waters and set up a portfolio that is in line with your risk appetite and investment timeframe. 5. Manage your wealth You've worked hard to get here, and don’t want to blow it all up on an extravagant trip to the Maldives or rush to go all-in on the next meme stock. Be modest when handling your wealth. Avoid overspending and impulse buying. Monitor your investment portfolio, to ensure that it reflects your current position as you go through the different phases of life – which is also why Quigley Financial Brokers are big on long-term relationships. Reach out today Contact us today alternatively book your consultation and see how Quigley Financial Brokers can help you choose the best options available or contact richard@quigley.ie for further information.