Magnificent Life Team
Insights
August 15, 2022
The importance of boundaries
Every day we make decisions to live a life of our choosing. But yet, when asked about what our ideal life could look like, it’s often quite different from the…
August 15, 2022
From bags to riches
We often think of things like stocks, bonds, mutual funds, annuities and assets as investments. But, investments are a broad area. According to Investopedia, an investment involves putting capital to…
August 8, 2022
Want to avoid a lapsed policy?
When the purse strings are pulled tight, it’s challenging to look at your statement and see monthly amounts deducted for insurance payments. Whether the risk policies are for health care,…
August 1, 2022
When you think you can’t
Stress can be an incredibly powerful motivator. Most of the time, we see it as a negative, but that’s because our days are generally overwhelmed with stress. And, our coping…
July 25, 2022
What’s happening in the markets?… is not always the best question
Whilst it’s good to have someone on your team (your financial adviser) who knows what’s happening in the markets, it’s not always helpful to relay all that information to you…
July 18, 2022
It’s okay to listen and learn
Over the last two decades, we’ve been introduced, seduced and held captive by the overwhelming presence of digital communication. From the days when we promised ourselves we would ‘never get…
July 18, 2022
When the markets have you second-guessing
“Genuine travellers travel not to overcome distance but to discover distance.” James P Carse Investing money is always a paradox: it’s simple, complex, straightforward, challenging, mathematical, and unpredictable. It’s because…
July 11, 2022
The Superman Syndrome
Have you ever watched a superhero movie where they show the origin story of the hero? It’s often a journey of going from ordinary and wanting so much more, to…
July 11, 2022
Car insurance and your financial portfolio
When the effects of inflation are being felt more than ever, and global economies are stuck in a state of recovery, it’s common for us to sit down and review…
July 4, 2022
Fight or flight – freeze or appease?
We all have reactionary instincts, which can be quite different in various situations. We won’t always run from certain challenges (flight) or panic when confronted with a problem (freeze). Sometimes…
June 27, 2022
We can only change what we can observe
One of the frustrations that we often experience is the feeling of being stuck. We repeat the same patterns, day in and day out, forming habits that we seem unable…
June 20, 2022
Doing everything yourself?
There are many reasons why we try to do everything ourselves, from satisfying our need to be in control to trying to save costs, or simply “wanting the job done…
June 20, 2022
A bird’s eye-view of your financial plan
Most people don’t enjoy financial planning. It’s a practice filled with stigmas of confusing concepts, complicated products, and expensive choices. But the fact is that none of us can live…
June 13, 2022
Make better powerpoints
Powerpoint presentations have become a vital tool in communication, whether it’s to source funding or support for new business ideas, presenting feedback to management or your team, sharing research findings…
June 13, 2022
Don’t under-inflate the effects of inflation
When life gets a little out of hand, we might say that things are blowing up! Sometimes it comes out of the blue, and other times we can see it…
June 6, 2022
Healthier uses for your phone
In recent years our cellphone and mobile device usage has increased significantly. In a recent Irish survey, it was found that the average smartphone user picks up their device more…
May 30, 2022
Articulate and action
We need to be strategic about growth and not just hope it will happen organically. Through a recent interaction with business coach Grant Newland, the importance of this was brought…
May 23, 2022
Do as I say
“Do as I say… not as I do.” This has been a popular phrase for many, many years. In fact, it was first recorded in John Selden’s Table-Talk in the…
May 16, 2022
Making better money choices
Many important questions in life involve money, and good choices can put us on the road to financial success. Bad choices, however, can lead to years of financial duress. While…
May 9, 2022
Are you on the road to burnout?
Are you wondering why some people get burned out while others don’t? What is the difference between stress and burnout? And, what can you do to manage stress and avoid…
May 9, 2022
Diversify. Amplify.
Diversification is not just an approach to adopt during market volatility; it’s generally good practice. And, if you want to create a portfolio that mitigates risk and beats inflation, diversification…
May 2, 2022
Crush it, and rest; says Carl
Carl Richards, the Sketch Guy columnist from The New York Times, recently shared an enlightening view on our hustle culture. Online engagement has increased our stress levels by making work,…
April 25, 2022
When the goalposts keep moving
“The only way to find permanent joy is by embracing the fact that nothing is permanent.” – Martha Beck. Over the last few decades, investment strategies have developed and evolved…
April 18, 2022
What’s costing you more?
“As soon as we become aware of money, we develop beliefs about it, beliefs we cling to, sometimes for the rest of our lives, often at the cost of our…