In the investing world there are some quirky mathematical outcomes that are worth reminding ourselves of. Read our explainer on the maths of percentages in investment returns and what a ‘behaviour gap’ in investor returns means.
We’ve recently made a short film outlining the pros and cons of Venture Capital Trusts (VCTs). Watch our 5 minute explainer video here:
It is always easy to feel that the present is more uncertain than the past. Today, it certainly feels like the world is in a very uncertain place. The chart in this blog clearly illustrates that over the mid-to longer-term the markets absorb the consequences of such events and power forwards as capitalism drives the relentless pursuit of profit opportunities.
At Millen Capital we’re big admirers of entrepreneurs, business owners & founders. In this blog, reflecting on years of client experiences, we ask and answer important personal questions about the HUGE life transition after business exit.
Around 50% of our clients have generated their wealth through their business interests. We know how critical it is to prepare for the time when you come to sell all or part of your business. In this blog we explain how focused preparation can make all the difference to your ‘happily ever after’.
If you are an entrepreneur approaching retirement, you might have already estimated how much you need from the sale of your business. Chances are, this is a significant sum, but calculating the actual amount to produce the income you desire can be difficult. Here’s how we approach this with you:-
Of all the financial challenges and concerns that we face over our lifetimes, avoiding running out of money in retirement probably sits at the top of the list. Knowing what you cannot control and understanding what you can, provides some insight into the complexity of – and solutions to – retirement planning.
“Human capital should be treated like any other asset class; it has its own risk and return properties and its own correlation with other financial asset classes.” Ibbotson, Milevsky, Chen and Zhu (2007)
If you earn more than £150,000 p.a., these pension changes will affect you!
Should the tax tail wag the investment dog? When it comes to considering the role of venture capital trusts (VCTs) and Enterprise Investment Schemes (EIS) that is the question that needs to be asked and answered. Tax breaks need to be very carefully weighed against the material risks of owning