Is cryptocurrency a new asset class?

David Thomson, chief investment officer at VWM Wealth, discusses cryptocurrency with The Herald:

“Although interest rates on cash have been low there has been a way to make good returns from cash in recent years – by investing in currencies. And the currency grabbing all the headlines recently has been cryptocurrency, particularly Bitcoin, which has been around for nearly ten years.

Bitcoin has captured the imagination because between July 19, 2010 and December 11, 2017 the price of each Bitcoin climbed more than 29 million per cent – pushing $1 to $292,494 – and spawned a deluge of rival digital currencies…”

Read the full article.

4 ways financial planning can support your mental health

Poor mental health can affect every area of your life, including your financial wellbeing. It can impact your ability to work, make key financial decisions, and stay on top of your money. At the same time, financial worries can put more pressure on you when you are already struggling, which can create a negative cycle. […]

Are you and your partner financially prepared for life’s big events?

Life is full of twists and turns, and sharing that adventure with a partner can make the ride both more manageable and more complex. If you have a partner, you may decide to make financial plans for each new life event as they come, whether that’s having a child, getting married, or ending your relationship. […]

Concerned about the Budget? Here’s why you should be careful about reacting to rumours

With the new Prime Minister’s Budget just around the corner, there is intense speculation about what may or may not be on the table. While Keir Starmer and Rachel Reeves made various fiscal promises and commitments not to raise certain taxes, Andy Burnham and John Healey could override their predecessors. Of course, whether they will […]

Guide: 5 financial lessons to learn from Queen lyrics

If you “open your eyes, look up to the skies and see…”, you can find financial planning lessons in the most unexpected places. You’ve no doubt heard many of Queen’s greatest hits countless times. You might have danced to ‘Don’t Stop Me Now’ at weddings, sung along to ‘Bohemian Rhapsody’ in the car, or stomped […]