The International Monetary Fund recently stated uncertainty has become increasingly prevalent in light of conflicts, the disruption of shipping traffic, the decline in oil production, and uneven recovery. Mike Coady, CEO at Skybound Wealth spoke to Fortune 500 Arabia about what assets investors should consider as a result of these claims from the IMF. According to Coady, 'each savings option comes with its own set of risks, and typically, the lower the risk - the lower the return.' You can read the full article by clicking on the link below>>
As buying property in Dubai continues to attract investors from around the globe, Mike Coady, examines the pros and cons of mortgages and home loans for expats. Speaking to Arabian Business recently, Mike shares his insights and experience on the key differences and financial considerations when choosing between a home loan and a mortgage for property purchases in the emirate's booming real estate market. Mike also stresses the the importance of consulting with a financial adviser to ensure your investment not only secures your immediate housing needs, but also aligns with your broader financial aspirations.
What an incredible evening as Ryan Donaldson Chartered FCSI hosted an Evening With Harry Redknapp last week in Quinta do Lago, Portugal. Hosted on the pool terrace at the stunning One Green Way development, guests were fed and watered by a local sommelier as BBC Scotland sport presenter Lewis Irons questioned Harry about his football career and I'm a celeb' experience , before taking questions from the floor. Special thanks to event sponsors Engel & Völkers and LGT Wealth Management who made this fantastic event possible!
Driven by the region’s digital transformation and consumer demand for flexible financing options, the buy now, pay later (BNPL) mode of payment is witnessing a surge in the UAE and Saudi Arabia. However financial advisers in the region are keen to warn of the pitfalls of such schemes. Mike Coady, CEO at Skybound Wealth recently featured in an Arabian Business article on this important subject about about the growth in this payment method, and the subsequent risk of overspending. Coady said; “Its potential for positive impact is significant when used correctly and within the framework of an informed financial strategy. However, the pitfalls of misuse can lead to financial challenges that may outweigh the initial benefits.”
Identifying and addressing our vulnerabilities is an exercise Senior Financial Planner Paul Butler believes all expats should undertake regularly. In fact, this is something he is so passionate about, he has developed his own matrix which he uses to help his clients understand the areas of their life that need addressing. Here Paul shares a key areas he believes you should focus on.
Working at Skybound Wealth Management presents a myriad of opportunities for career development & never has this been more evident than with Bryan Bann. Having progressed from Client Services Adviser to Regional Manager, we sat down with Bryan to talk about his experience of becoming a qualified financial adviser with clients across Europe and he shares his top tips for living and working in Geneva.
With its recent removal from the FATF Grey List, tax-free incentives, and the promise of substantial returns on property investments, Dubai has been attracting property investors from the world over. Mike Coady, Chief Executive Officer at the award-winning Skybound Wealth recently spoke to Arabian Business to discuss the real estate market in more detail, and what it takes to be financially ready to become a homeowner in Dubai.
The Mallard Club presents - An Evening With Harry Redknapp Set within the opulent surroundings of One Green Way Luxury Villas, join Skybound Wealth's Regional Manager, Ryan Donaldson Chartered FCSI, LGT & Engel and Volkers for an exclusive evening with the football legend - Harry Redknapp! When: Wednesday, June 5, 2024 Time: 6:00 PM CEST Location: One Green Way Luxury Villa - Quinta do Lago, Portugal
On the 19th March 2014, George Osborne, the then-Chancellor of the Exchequer, announced in his budget speech- “Pensioners will have complete freedom to draw down as much or as little of their pension pot as they want, anytime they want. No caps. No drawdown limits. Let me be clear. No one will have to buy an annuity”. A decade on from the introduction of UK Pension Reforms, Carla Smart - Group Head Of Pensions at Skybound Wealth looks at the impact of the changes on retirees.
If you dream of an early retirement, a little forward planning can go a long way to securing your families future for generations to come. While the prospect of retiring early may bring excitement about a newfound freedom and leisure, it's crucial to recognise the importance of addressing the more intricate aspects of financial preparation. Here Nick Sargeant, Senior Financial Adviser at the award winning Skybound Wealth draws on his experience and shares his six expert tips for using your international status to retire early as an expat.
