What is a will?

My first blog post

When dad asked me to write this blog, I must admit that it made me extremely nervous. I started to ask myself:
‘Will anyone read it?’,
‘Why would anyone care what I have to say?’ and
‘What can I even write about?’.

I have only been here full time for a few weeks since the end of my exams. Over the past few months I’ve met a small number of clients whilst helping to draft their wills and LPAs (Lasting Powers of Attorney), but I haven’t started to get involved with the ‘financial side’ of things. This makes writing a blog hard when the ‘financial side’ is pretty much the whole of what H J Scott & Co is.

So I have decided to write this blog on a subject of which I do have knowledge…wills; and in true Scott style I will describing them in an odd way, relating them to something completely random but it will all make sense in the end (hopefully). So here goes… a will is like a recipe from a cookbook. Continue reading “What is a will?”

4 Weeks to Christmas

Where does the time go?

Hasn’t this year flown! They say the older you become the faster time goes. Now we all know that time doesn’t speed up, it’s one of the few constants we have, but just 4 weeks to Christmas already. That’s ridiculous.

I hope 2017 has been good to you and your family so far this year. I know there’s not much to cheer about in the news at the moment, but that shouldn’t stop us from enjoying the rest of our year. I’m sure the world’s politicians don’t care about us, so why do we spend so much time worrying about what they are going to say or do next? We are investors. We invest for a lifetime during which there will undoubtedly be other “Trump and Brexit” equivalents to worry about in the short term. But in the long term, our lifetimes, our investments grow and always have done. Continue reading “4 Weeks to Christmas”

Día de Muertos

Spectre (2015)

Many of you will recognise the photo above from the opening action sequence of Spectre (2015). Now James Bond is known for his immaculate sartorial elegance, but let’s hope that wasn’t a Tom Ford suit that was painted over at a cost of $4000 a go.

Day of the Dead

Day of the Dead (Spanish: Día de Muertos) is a Mexican holiday celebrated throughout Mexico, and by people of Mexican ancestry living in other places, especially the United States. It is acknowledged internationally in many other cultures. The multi-day holiday focuses on gatherings of family and friends to pray for and remember friends and family members who have died, and help support their spiritual journey. Continue reading “Día de Muertos”

Live like a Billionaire

A couple of weeks ago I talked about how the Apple iPhone was 10 years old and how all our lives have changed over that period. A couple of days ago the latest versions were launched. Now Apple as a company is currently worth over $800 billion, analysts predict the new products will take the valuation above $1 trillion. This year we have made around 40% on our Apple shares.

It got me thinking….
QUESTION: What do we have in common with individuals who are worth billions?

We would think we have very little that we share. But think again. If our definition of a Billionaire is of someone who can own the absolute best of everything, well we probably own some of the exact same things. Here’s what would be on my list. Continue reading “Live like a Billionaire”

Maintenance Man

Age 10

When my Mum used to say “a stitch in time saves nine”. I had absolutely no idea what she was talking about. You see as a child I had never sewn anything or repaired anything. So the idea that you should catch a loose thread early or else it will take much longer to fix in the future, mean’t nothing to me. I’m now 55 and I remember buttons being sewn back on, trouser hems re-stiched and the knees of my jeans being caught with stitches as the merest hole threatened to tear straight across. Clothes had to last longer back then. They needed maintenance.

Age 20

As time goes on we all make our mistakes. Many of which were preventable if we had just taken some action much earlier. I’ve run out of petrol twice in my life. It should have only taken once to teach me that lesson. But on the first occasion I ground to a halt only 100 yards from my chosen petrol station. I got out of the car, bounced the rear end a few times, got back in, re-started the car and made it to the pumps. Having got away with it the first time I hadn’t learnt my lesson. Continue reading “Maintenance Man”