Will the stock market crash? If so, when will it happen? When it does happen, when will the bottom be? And when will it bounce back to a new high?

These are all great questions that we discuss in this podcast episode.

Spoiler alert though - I have no idea. And no one else does either.

'Timing the market' is impossible.

Whilst the stock market is currently 'high', it could go even higher. Or there could go a massive crash tomorrow. Unfortunately no one knows.

Timing the highs and lows are almost impossible and missing just a few of the best days in the market could reduce your returns greatly.

As we discuss in the episode, a stock market crash is a matter of WHEN, not IF. The stock market will crash - 100%. If we look back at history, there are regular dips, corrections and crashes. However, it is impossible to predict this WHEN.

Hopefully this episode can help to provide some comfort to long term investors.

Listen to the episode for the full details.

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📕 Get my book Stop Waiting, Start Investing - https://linktr.ee/makingmoneysimple1

💻 My website - https://makingmoneysimple.co.uk

If you would like to get involved in one of my 4-week investing workshops, get in touch and I can let you know when the next one is kicking off.

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Which ISA is best? That is the topic of today's episode.

First, we cover exactly what an ISA - or Individual Savings Account - is and break down how each of the 4 different types of adult ISAs actually work.

We then move into which ISAs are likely to be best to prioritise in certain situations.

Overall, and everyone's situation will be slightly different, Stocks & Shares ISA will give you the most 'profit' (most likely). This is because over the long term the gains and dividends can exponentially grow your wealth.

However, Lifetime ISAs (specifically Cash LISAs) are a fantastic vehicle to save for your first house deposit. And Cash ISAs can be useful in some specific scenarios, like if you will breach your personal savings allowance and have to be some tax on your savings interest.

Listen to the episode for the full details.

Timestamps:

0:34 - What is an ISA?

3:46 - Cash ISA

5:58 - Stocks & Shares ISA

7:37 - Innovative Finance ISA

8:26 - Lifetime ISA

13:06 - Why I don’t like S&S LISAs

17:19 - Which ISA to prioritise in specific situations?

20:25 - ISA allowance

21:21 - Which ISA is best

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📕 Get my book Stop Waiting, Start Investing - https://linktr.ee/makingmoneysimple1

💻 My website - https://makingmoneysimple.co.uk

If you would like to get involved in one of my 4-week investing workshops, get in touch and I can let you know when the next one is kicking off.

📰 Sign up to my newsletter -⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoneysimple.co.uk/Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠

🎥 Youtube - https://www.youtube.com/c/MakingMoneySimple/

📸 Instagram - https://www.instagram.com/makingmoneysimple/

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🕺 TikTok -⁠⁠⁠⁠⁠https://www.tiktok.com/@makingmoneysimple⁠⁠⁠⁠⁠

Sammie from @upthegainsmoney joins me on this episode to discuss how we can achieve financial freedom.

It comes back to our 'FIRE number', the number we need to grow our investment pot to to then achieve financial freedom.

Which is why 'retirement' is a number and not an age.

Sammie introduces a concept called 'the gap'. We all have a gap and in order to reach financial freedom Sammie helps to explain a process of how we can close that gap and reach financial freedom quicker.

Listen to the episode for the full details.

Sammie @upthegainsmoney - https://www.instagram.com/upthegainsmoney/

Sammie's course - https://www.stockmarketschool.co.uk/

-----------------------------------------------

📕 Get my book Stop Waiting, Start Investing - https://linktr.ee/makingmoneysimple1

💻 My website - https://makingmoneysimple.co.uk

If you would like to get involved in one of my 4-week investing workshops, get in touch and I can let you know when the next one is kicking off.

📰 Sign up to my newsletter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoneysimple.co.uk/Newsletter⁠⁠⁠⁠⁠⁠⁠⁠

🎥 Youtube - https://www.youtube.com/c/MakingMoneySimple/

📸 Instagram - https://www.instagram.com/makingmoneysimple/

🐦 Twitter - https://twitter.com/makingmsimple\

🕺 TikTok - ⁠⁠⁠⁠https://www.tiktok.com/@makingmoneysimple⁠⁠⁠⁠