MyWealthManagement

Investing isn’t about choosing sides—it’s about finding the right mix. In our latest article, we explore the key differences between active and passive investment strategies, highlighting how a blended approach can deliver long-term growth, stability, and resilience. Discover: The strengths and challenges of passive and active investing. Why passive funds can form a cost-effective portfolio core. How active strategies, like dividend-focused funds, provide stability during volatile markets. The role of dividends and euro cost averaging in a falling market. The importance of tailoring your investment strategy to your unique goals and risk tolerance. A well-balanced portfolio leverages the best of both strategies to achieve sustainable success. Read the full article below to learn how you can build a resilient portfolio that aligns with your financial aspirations.

Great start to Pendulum Summit 2025! MyWealthManagement delighted to attend and listen to the world class speakers. www.MyWealthManagement.ie

Thank you sincerely for your support, your interest and your trust this year. We wish you and yours a happy and restful Christmas and holiday period and the very best for a wonderful 2025.

Gift Tax: How NOT to pay it! This short article outlines how a Section 73 Savings plan can be utilised effectively to reduce the burden of CAT upon the transfer of assets or cash to a beneficiary. While most are familiar with the annual small gift exemption, the majority overlook the power of a Section 73 plan and its place in a long-term financial plan. www.MyWealthManagement.ie As always feel free to reach to me directly on 0834407829 or stephen.odriscoll@mywealthmanagement.ie or alternatively contact Joey Sheahan ‘The Mortgage Coach’ on 0868060601

One of the biggest mistakes we see clients make is holding too much of their own company’s stock. In doing so, they unknowingly create a large concentration risk that can put their financial security in jeopardy—especially when that stock also represents their primary source of income. A recent example of this is Intel, whose share price has dropped by 50.1% year to date, as shown in the graph below. Unfortunately, many clients develop an emotional attachment to their company’s stock and hesitate to sell, even when it might be in their best interest. The reality is that a diversified portfolio is the key to reducing risk and ensuring long-term financial success. Don’t let emotional attachment cloud your judgment—consider diversifying your investments to protect your future. www.MyWealthManagement.ie

Can You Afford Not to Get Financial Advice? When it comes to managing your finances, sometimes paying for advice can save you far more than choosing to go without. Sure, management fees might seem like a cost you can avoid, but the truth is – you get what you pay for! Many people who are members of large group pensions believe they don’t need a financial advisor. Often the lower charges associated with group pension schemes come with the trade-off of being bundled into default or lifestyle strategies that are a one-size-fits-all approach. While this might seem like a cheap option at first, it often means you're missing out on personalized advice that could significantly improve your financial situation in the long run. Without professional advice, your finances may suffer. A lack of tailored planning could lead to missed opportunities, inefficiencies, or even financial pitfalls down the line. When you partner with a financial advisor, you’re investing in the strategy, expertise, and peace of mind that could unlock greater financial security. In a race to the bottom, you might save on fees – but at what cost to your future?

A big thank you to Scoil Mhuire Cork for welcoming MyWealthManagement on-site to deliver our "Money Management Made Easy" presentation to teachers and staff! During the session: Stephen O Driscoll - MSc BA QFA, Director of Wealth, shared insights into how working with a financial planner can help achieve long-term savings and retirement planning goals—tailored specifically for both public and private sector employees. Ryan Flanagan BA, QFA from MyMortgages.ie provided practical advice with his Top Ten Tips for Getting Mortgage Ready and highlighted the common pitfalls to avoid. We’re passionate about equipping educators and professionals with the tools and knowledge to build a secure financial future. Interested in bringing this session to your school or workplace? We’d love to collaborate with more schools and organizations to deliver impactful, customized financial education. Reach out to us to schedule a session and let’s help your team take control of their financial journey! info@mywealthmanagement.ie 021-4277037

The €1M pension fund and a guide to help you understand your Fund's performance and help you ask the tough questions.

We know how to make you a millionaire… but there’s a catch. It’s slow. It’s boring. And if done right, it works like magic. Here’s the deal: if you start investing €1,000 a month into your pension at age 30 and continue until age 60, with an annual return (after charges) of just 6%, you’ll end up with over €1,000,000 in your pension fund. The secret? Compound interest – the eighth wonder of the world, as some call it. But it’s not about timing the market; it’s about time in the market. Remember: investing transfers wealth from the impatient to the patient. And while there’s no shortcut to this kind of success, the good news is you don’t need one. With consistent savings, the power of compounding, and a bit of patience, you can build the future you’ve always dreamed of. Let’s make boring your new best friend. www.MyWealthManagement.ie

In the below article, Director of Wealth Management, Stephen O Driscoll - MSc BA QFA, breaks down the technical jargon of investment funds and asks some important questions to you and your financial planner! "Do you understand these metrics?." "Does your financial advisor understand these metrics? If they can’t explain them or why they matter to your portfolio, it’s time to ask: why are you trusting them with your money?" At MyWealthManagement we’re here to help you take control of your investments. We offer a complimentary initial consultation to review your portfolio, clarify your risk exposure, and ensure your investments are working as hard as you are. 📞 Call us today at 083 440 7829 to schedule your free portfolio review. 📧 Prefer email? Reach out to info@mywealthmanagement.ie