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Christina Brady from Blacktower Financial Management 07-02-23 | BayRadio
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Oct 29, 2024
The latest from the financial markets with Christina Brady from @blacktowerfinancialmanagem7049 including issues with UK Premium Bonds and a suitable alternative. For any enquiries contact info@blacktowerfm FAO Christina or get in touch through the website: www.blacktowerfm.com Be sure to Like and Subscribe to our YouTube channel for more insights from BayRadio Spain, and follow us on Social Media: Website: http://www.bayradio.fm/ Facebook: https://www.facebook.com/BayRadioInSpain Instagram: https://www.instagram.com/bayradiospain/
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0:00
we specialize in protecting preserving
0:02
and growing your wealth Black Tower
0:04
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0:06
by your side visit blacktowerfm.com
0:09
we're at the 7th of February 10 into the
0:12
year and a Tuesday when we welcome back
0:14
Christina Brady from Black Tower
0:15
financial management on the line you
0:18
know you've got to leave the house at
0:19
some point in spite of what the
0:20
weather's doing I'm sure you've got
0:22
office appointments and they're like
0:23
good morning how are you doing I'm fine
0:24
here's the thing I'm just playing
0:26
Jennifer Lopez do you know what the
0:28
meldrew point is have you heard this no
0:30
I haven't got a clue okay well it's it's
0:32
the when you reach the age that um
0:35
Richard Wilson was when he started
0:36
playing Victor Meldrum one foot in the
0:38
grave and Jennifer Jennifer Lopez
0:40
reached that point a couple of weeks ago
0:42
um what age is that 19
0:45
537 days which is basically 53 and a
0:48
half he was only 53 when he started uh
0:51
one foot in the grave his grumpy old man
0:52
amazing
0:55
well there's something to think about uh
0:57
does it spoiled your day probably at Yes
1:00
actually thank you now I understand why
1:03
why we're so grumpy yeah I I haven't
1:05
quite reached meldru point I'm happy to
1:07
say but it won't be far off I'm sure
1:09
anyway thank you welcome back I was just
1:10
often say we're very lucky to have you
1:12
for this hour every other Tuesday from
1:14
Black Tower financial management and uh
1:17
well where to start you've given me the
1:18
list of things already I suppose should
1:20
we start with some um it's a sort of
1:23
positive news we had the ftse closing
1:25
all-time high last Friday if I'm all
1:27
right in saying that you are you are the
1:29
all-time high but once it hit that we
1:31
all knew it was gonna fall back and it's
1:33
not bad though it's still at 7881 this
1:36
morning
1:37
um it's up half a percent
1:40
um what's driving now what was what was
1:42
mainly driving that the thing is it it
1:46
shouldn't have gone that high if you
1:47
look at the on all of the underlying
1:49
economic data
1:51
um there's no reason for the foots
1:53
you've gone that high okay the bank of
1:55
England raise interest rates uh 0.5 last
1:58
week to four percent the ECB raised
2:00
their rates again 0.5 to 3 and the U.S
2:03
raises by 0.25 to 4.75 and they've said
2:08
that there will be more interest rate
2:09
rises again throughout 2023 but the ftse
2:12
I think it I'm not sure why but it has
2:15
come back down and I expected to come
2:16
down more and I think what people have
2:19
to remember is the markets can be wrong
2:21
uh most funds have finished up in
2:23
January 2023 but there is a need for
2:25
caution and the reason for that is
2:27
everyone expects to slow down in world
2:30
economies and recession and and
2:33
historically
2:34
um whenever uh the only reason we've
2:38
ever been able to get inflation under
2:40
control is
2:42
if we have a recession so it's never
2:44
happened without a recession no so uh if
2:48
you look back across all the uh when
2:50
we've had high inflation there's always
2:52
had to be a recession but what's
2:54
happened is the stock markets knows this
2:56
so hopefully hopefully if there is a
3:00
recession it won't be too large and too
3:03
big and anyone lost for too long and the
3:05
markets will have factored it in I think
3:07
what people are worried about is a shock
3:09
which sends the markets down again I
3:11
think there's a lot of people out there
3:13
that are thinking we still need
3:15
um we're still going to have a large
3:16
correction in the markets other people
3:18
think that it's just going to be 2023 is
3:21
going to be quite volatile so the
3:23
markets will go up and down we're not
3:25
going to see any real
3:27
um growth but we're not going to see any
3:29
sharp Falls I think we will see some
3:30
bigger dips than we see
3:32
um
3:33
price our Market's going up I think
3:35
there will be some adjustments but I
3:37
think what most of the investors realize
3:39
now is that you just have if you are
3:41
invested you just have to sit tight and
3:43
remain invested things do come back up
3:45
if you look last year some Investments
3:47
were looking quite bad and I think 95 of
3:50
funds were down whereas in January 95 of
3:54
funds had actually gone up in January so
3:56
it's quite volatile
3:58
um but if you look at the um there's
4:00
been quite a few surveys done within
4:02
different age groups in the market so
4:04
they did 18 to 34 I think 35 to 44 45 to
4:08
40 54 and plus 55 and most people had
4:15
um a positive outlook for 2023 2024 I
4:19
think the one that was most skeptical
4:20
was the plus 55.
4:23
um
4:24
quite a few of them were indifferent um
4:27
but most of them realize that you you
4:29
know it's best to buy in a dip and if
4:31
you are already invested to sit tight so
4:33
when we've seen the markets go down we
4:35
haven't seen the big Exodus from like
4:38
retail what we call normal clients
4:41
um that would have happened in 2007-2008
4:43
because people were used to it that was
4:44
such a large shock and again in March
4:47
2020 when we had that big dip I think it
4:49
was 38 in literally a day and people
4:52
held tight and they do realize that if
4:54
you sit tight historically over time
4:56
your investments will grow and I think
4:58
what people understand is with investing
5:01
it's not time in the market it's the
5:04
time you have in the market so the
5:06
longer you keep your Investments
5:07
invested the more money you're making
5:10
the outcome if you want to just try and
5:12
make quick money then you need to go
5:13
into daily trading so you do foreign
5:16
exchange you do stocks and shares but
5:18
you really need to know what you're
5:19
doing yeah now we've we were saying
5:21
that's you know a high point and it
5:23
would be for people invested and sort of
5:25
index linked as it were but it doesn't
5:27
tell the whole story does it for the
5:29
regular guy on the street
5:30
this other stuff going on because most
5:33
people have a diversified portfolio and
5:35
if you look across Europe you've got the
5:37
cack and deck that says also cat conduct
5:40
which which are down uh you know you've
5:43
got the nikai which is down you've got
5:45
the American Market which closed down
5:47
last night
5:49
um you've even got the ftse 250 which is
5:51
flat you know it actually it's down
5:53
slightly and you've got the aim which is
5:56
the alternative investment Market that's
5:58
down as well so it's it's when people
6:01
come to me and they say if they're
6:02
invested say they're invested they've
6:04
got Euro investment they say but the
6:05
footsies are all time higher usually if
6:08
you have a Euro investment if you're in
6:10
a portfolio it's made up of mostly uh
6:12
European uh equities and bonds Etc and
6:17
if you've got a global portfolio
6:18
obviously everything impacts it not just
6:20
the ftse so if you've had just if you
6:22
put your money in say a ftse Tracker
6:24
last week you would have been going yeah
6:26
yeah made loads of money but then it's
6:28
going back down again so everything you
6:30
know can go up and down nothing is set
6:32
um so people just have to be realistic
6:35
on their you know their goals and what
6:37
what they expect to achieve from their
6:38
Investments yeah the surveys you were
6:40
talking about a moment ago that I've
6:42
always thought I mean in my if you've
6:43
been perhaps in my naivety and Layman's
6:45
view that consumer confidence sometimes
6:47
has I can go a long way or are they up
6:50
against it at the moment it can it only
6:51
go so far with everything that's going
6:53
on at the minute
6:55
we go so far
7:01
environments impact everything so yeah
7:03
but I think most people realize that you
7:06
know if you'd left your money in the
7:08
bank since 2007 2008 you've made
7:11
absolutely nothing even with interest
7:13
rates going up most people aren't
7:16
passing on those interest rate rises in
7:19
Britain today that's the heads of the
7:21
biggest banks HSBC and all of those are
7:24
um appearing in front of a select
7:26
committee uh the house of parliament
7:28
there just talking about one of the big
7:30
sticky questions they say will be are
7:32
you passing on this rise in interest
7:33
rates to Savers yet we've known that the
7:36
banks haven't been policing on duty
7:37
Rises since they started and they'll
7:41
have these committees but nothing ever
7:42
changes and I don't know how they get
7:44
them to change I think they need to pass
7:45
laws that state if there are rate Rises
7:48
they pass a certain percentage of that
7:50
onto investors and save it straight away
7:53
so they're not obliged to do that as
7:55
soon as the rate goes up the best rate
7:57
goes up oh okay there should be a law
8:00
that states you know if the bank of
8:01
England puts up their raise by 0.5 then
8:04
banks have to put their savings rates up
8:07
by at least you know zero point four
8:10
percent or something so that gives them
8:11
a point to one percent margin
8:14
um but the banks know you know they're
8:17
all sorry to say this but financial
8:19
institutions companies are very greedy
8:22
and if they can make money they will so
8:25
if you think that their pay and save is
8:27
about two percent and yet mortgage rates
8:30
are what six seven eight percent at the
8:32
moment there's a huge margin of profit
8:34
there for the banks yeah I wonder if
8:36
it's it's like um the sort of Market
8:38
forces thing so if one of them maybe
8:40
puts up their rates a little bit The
8:42
Others May follow you know like the
8:43
supermarkets have the the fuel uh
8:45
battles oh yeah they all they do they
8:48
all follow suits you know if one gets
8:50
away with it they're all follow suit it
8:52
is ridiculous and also I know this
8:54
sounds awful but it is sort of like a
8:56
cartel all the heads of the banks know
8:58
each other they go to lunch together
8:59
they play golf together you know they
9:02
are socially out together
9:04
they know what's happening you know they
9:06
go out with the people who are on the
9:08
right committee at the bank of England
9:10
they have an understanding between them
9:12
that I think no one's going to break
9:14
ranks
9:15
um they don't like competition it is a
9:18
cartel by any other words you know
9:20
they've got the market sewn up and it is
9:22
really worrying because what we've got
9:23
now is you know banks are refusing loans
9:28
and I think one is seven people now are
9:30
being turned down on loan app
9:32
applications which has mean the return
9:34
of loan sharks
9:36
um for vulnerable people for those that
9:38
can't get need money and can't get it
9:40
for the bank so that is something very
9:41
very worrying and it's something you
9:43
know that we don't want to happen
9:45
because this is when people will get
9:47
into a never-ending cycle of debt they
9:49
can never get out of it and these Loan
9:51
Sharks you know can be quite nasty yeah
9:53
well did they clamp down a little bit on
9:55
those um the sort of payday lender yes
9:57
didn't they
9:59
um but it's you'll still be able to get
10:01
it somehow there are ways you will and I
10:03
think you know if one is seven are being
10:05
excluded in the UK I would say it's
10:07
similar to that in Europe if not higher
10:09
and it just you know it leaves the
10:12
market open for these unscrupulous
10:13
people and people don't understand money
10:16
most people don't understand interest
10:18
rates they don't understand that if you
10:20
borrow a hundred pounds and the interest
10:22
rate is 10 you've got to pay back 110
10:24
but with Loan Sharks the interest rate
10:26
is more likely to be 50 so if you borrow
10:28
a hundred you've got to pay back 150 and
10:31
if you haven't got the 100 to start off
10:33
with how are you ever going to pay about
10:35
150 and I think you know this is where
10:38
we need
10:40
um MPS and that and governments to step
10:42
in and say right uh interest rates have
10:45
risen people can't afford their uh their
10:48
loans or people can't get loans we'll
10:50
set up a fund where the most vulnerable
10:52
can come to us the government and get a
10:54
loan and you know a reasonable rate
10:57
rather than open the market for these
10:59
Loan Sharks to come in and take
11:00
advantage of people yeah it reminds me
11:03
of um know a fair bit about the sort of
11:05
mob in the the Italian American Mafia
11:08
and it's called the vague is the
11:09
interest you pay on it and you never get
11:11
around to paying it off and you never
11:12
get around to paying the capital off the
11:14
initial uh loan bit because the interest
11:16
rate is so high that's all you can
11:18
manage to pay off each week credit cards
11:20
yeah and get their debts up you know
11:22
they they raise their limits so people
11:25
have 20 30 whatever a thousand on a
11:27
credit card and the interest rate they
11:30
just pay trying to pay off the interest
11:31
each month they're not even managing to
11:32
do that and it's just growing and
11:34
growing and growing you know okay credit
11:36
card companies aren't going to come
11:37
knocking on your door and shoot at your
11:39
kneecaps but Loan Sharks might yeah and
11:42
it is the thing that um it just you
11:44
think oh I can manage to pay that if I
11:46
pay that off before the end of the month
11:47
then it'll be cleared but uh it just
11:48
goes on and on and you can get the I
11:52
don't know if they're still as you know
11:54
as easily available but the sort of zero
11:57
percent balance transfer cards might be
11:59
a way of doing it Consolidated onto one
12:01
if you have got some credit card debts
12:03
that seems to bring it down little bit
12:04
if you're not paying interest each month
12:06
a bit of a fee you've got to remember
12:08
that if you're not a UK resident most of
12:10
them won't let you open up a credit card
12:11
now and credit cards in Europe work
12:14
different to the UK
12:16
um so you're talking about being able to
12:17
get UK questions
12:19
you know we've got to remember we don't
12:21
live in the UK anymore and it is more
12:23
difficult for people and once you get
12:26
into debt it's very very difficult to
12:28
get out of it it just spirals out of
12:29
control because as you say you think you
12:31
might pay off in that month but then you
12:33
need to eat for the next month you need
12:34
to pay your bills for the next month and
12:36
with inflation going up so quickly price
12:38
is going up so quickly you know you
12:41
haven't got the Surplus cash people
12:42
haven't to be able to do this so I think
12:45
governments do need to step in and they
12:47
do need to offer like a loan relief fund
12:49
for people that need this money
12:51
desperately yeah it doesn't seem that
12:53
long ago they were throwing loans at you
12:54
Loan offers you could have this like
12:56
today if you filled in the form of foot
12:58
service exactly those people are very
13:01
very much in debt most people have uh
13:03
you know double mortgage triple mortgage
13:05
of their house uh you know they've got
13:07
and now with house prices in the UK
13:10
falling they've fallen for four months
13:11
flat you know you could end up with
13:13
negative equity so you haven't got the
13:15
equity to pay off your loans which could
13:17
lead to a housing crisis although house
13:19
prices in the UK and I think in certain
13:22
areas in Europe are over inflated so
13:24
there does need to be a pairing back but
13:26
as you said Banks allowed them to lend
13:28
they lent to them so much their debt
13:31
level is so high and these people on the
13:33
verge of bankruptcy
13:35
um there's a mate of mine who's the most
13:37
irresponsible you know and wild sort of
13:40
living chair he got a mortgage and I
13:41
couldn't believe it back in the day uh
13:43
somehow I probably falsified a few
13:46
things but they gave it to him and uh
13:48
yeah so he may be struggling a little
13:49
bit to pay it back these days let's talk
13:51
some more in just a few minutes time
13:52
here Christina's here from Blacktown
13:53
financial management now where do we get
13:55
to we're still talking about Banks
13:56
there's something else you wanted to
13:57
mention yeah the wef you know we had
14:00
severoffs the other day they made an
14:02
announcement that ideally they want to
14:04
get rid of all High Street banks by
14:06
2027. oh
14:09
so it's just like they're tying in with
14:11
the uh the digital currency story
14:13
Bitcoin it is yes this
14:20
the branch closures and I think it's
14:23
absolutely disgusting uh you know if
14:25
elderly people need to speak to someone
14:27
about their money you have to try and go
14:29
on the phone have you tried phoning your
14:30
bank how long are you on hold for how
14:32
many different people are you passed to
14:35
um it's really nice to have face to face
14:37
and I think if a bank is brave enough to
14:39
keep its branches going I think they
14:41
would get more clients than it and
14:42
customers than anyone else so the Wes
14:45
says it wants to get rid of all banks
14:46
because ideally all the central banks
14:49
all the governments want us all to
14:50
switch to digital currency uh the reason
14:53
for that is then they know exactly what
14:55
everyone has they know exactly what
14:57
everyone's spending uh there is no
15:00
reason there's no way to avoid any tax
15:02
there is no way to hide any money
15:04
there's no way to work on the black so
15:08
as I think a digital currency uh may be
15:11
a good idea for some people for most
15:13
people I think we would all like to keep
15:15
cash and if you look at the remit for
15:17
most central banks it is to eliminate
15:19
casualty together worth mentioning the I
15:22
mean it's not just uh in Britain where
15:24
the High Street banks are closing down
15:25
there in Spain as well a lot of branches
15:27
and across Europe I guess and it's it's
15:30
always an issue especially in Spain with
15:32
the sort of remote areas remember the
15:33
old fellow that won his campaign that uh
15:35
I'm old but I'm not stupid and it didn't
15:38
you know he's um didn't want to use the
15:40
machine to do everything I still wanted
15:42
a little branch near him that uh I think
15:44
that's correct I've got lots of elderly
15:46
clients who who don't have uh you know a
15:50
tablet they don't want to use internet
15:52
banking and I know sabado insists that
15:54
most people do stuff over the internet
15:56
and I had a lady phone me the other day
15:58
she said I'm trying to get an
15:59
appointment with sabado Banks she goes
16:01
I've been into my branch and they've
16:03
told me I have to do it all online she
16:04
goes but I don't use online she goes so
16:07
how am I meant to do it she goes I
16:08
wanted to explain to them and they
16:09
basically told her to go away and I
16:12
think this is absolutely disgusting I
16:14
think it's trying to dictate to people
16:15
on how they should use use their lives
16:18
and I think if there is a branch and you
16:20
you walk in and you want an appointment
16:21
they should be able to make you an
16:23
appointment not send you away and ask
16:24
you to do it online even you know some
16:27
of the youngsters nowadays are never
16:29
going to be that Savvy to understand how
16:30
to do Banking and everything on their
16:32
phone or on their tablet
16:34
um so I think that that's not you know
16:36
it's not fair no I'll say yes it needs a
16:39
while yet before everyone sort of up to
16:41
speed and they get to that age group
16:42
where they're all doing it um because I
16:45
mean it's the way it's going we can we
16:46
can see that but yeah but the oldest you
16:48
get the harder it is and I don't care
16:50
even if you have been computer savvy
16:52
when you get older you lose those skills
16:55
no matter what you say and I think you
16:57
know there has to be some give and take
16:59
and I think they have to you know give
17:01
give CR you know give us the freedom of
17:04
choice
17:06
um so that that's on banks so you know
17:08
if you do need an appointment with your
17:09
bank here in Spain if you want to go
17:11
into your branch especially if it's
17:13
Saturday I think they'll tell you to go
17:14
and book an appointment online if they
17:16
can so so if you have got online access
17:19
do it that way if if you haven't I say
17:21
go in and make your voice heard and say
17:23
that you want an appointment I just did
17:25
I saw a meme earlier online I think it
17:27
was something about 2022 that Taylor
17:29
Swift was the most uh streamed and most
17:31
listened to
17:32
human on the planet apart from the hold
17:36
music at NatWest
17:38
which is emotionally true yeah it's
17:40
probably about right yeah
17:42
um now but here's another thing as well
17:43
I always enjoy it when you mention
17:44
premium bonds because it seems like a
17:46
throwback to the past but there's still
17:48
a thing right they are yes lots of
17:50
people hold premium bonds and I had a
17:51
gentleman the other day who sadly his
17:53
wife has passed away and she held some
17:55
premium bonds and he has the will and
17:57
everything which said everything's left
17:59
to him and he's having a real nightmare
18:01
getting his money out of premium bonds
18:04
um they're asking for you UK Grant a
18:06
probate obviously they live in Spain
18:07
they had a Spanish wheel uh they're
18:09
having to get that done and they're
18:11
charging them 273 pounds to to get the
18:14
money out and this client just said if
18:16
you have premium bonds please can you
18:18
talk about it on the radio and say to
18:19
people cash them in he said it's been a
18:22
real nightmare and especially when
18:23
you've lost someone you need as least
18:25
hassle as possible and this has taken I
18:27
think it's over six months to get to
18:29
this stage and there's still nowhere
18:31
near getting this money out premium
18:33
bonds it's becoming a real nightmare and
18:35
he's had to ask his daughter and his
18:38
family to help because of the paperwork
18:40
he said one form he had to fill in was
18:42
about 25 pages long and most of the
18:45
questions weren't relevant and he phoned
18:47
them up he said why have I got this
18:48
questionnaire none of the questions are
18:49
relevant and they said oh we know that
18:51
but we have to send it to you anyway
18:52
that's in the yeah that's a familiar
18:55
response there didn't it yeah because
18:56
that's because that's how we've always
18:58
done it
18:59
yes exactly so so just be very very wary
19:02
you know the last thing you want is when
19:04
something is like that has happened and
19:06
maybe you need to get your hands on the
19:07
money or maybe you just you know you you
19:10
be very careful
19:12
um and just make sure I if you have got
19:14
premium bonds I would maybe if you are
19:17
elderly or you you've got an illness
19:19
phone them up and ask them what is the
19:21
process if you die what needs to be done
19:24
and if it does sound too complicated
19:26
maybe cash them in okay maybe put them
19:30
somewhere where it's easier to get
19:31
access to the money when does it um get
19:33
drawn do they still do the uh the prizes
19:36
through those I don't know because they
19:37
keep on changing the amount of prizes
19:39
the up and down actually nsni have
19:42
bought out some new saving bonds which
19:43
actually pay better than their premium
19:46
bonds and that's worthwhile some people
19:48
looking into that if they want to I
19:50
think they bought out their new savings
19:51
bonds which are actually got a much
19:53
better rate of return than premium bonds
19:55
yeah it doesn't get as much heat as the
19:57
like the lottery numbers you can't it's
19:58
not as easy to find
20:01
but we haven't mentioned the exchange
20:03
rate actually which you see it was down
20:05
a little bit
20:06
um I know the US dollar to the pound
20:08
only at 120 at the moment when it had
20:10
been 123 but Euro to Sterling just over
20:12
112 is all I know that's not good is it
20:15
but it is good for you because you send
20:17
Sterling back but if you uh yeah if you
20:19
put it the other way it's not good
20:22
um yeah just a couple of things to
20:23
mention
20:24
um just on UK inheritance tax they froze
20:27
the
20:28
um the allowance so the basic threshold
20:31
is 325 000. what people forget is if you
20:34
live in Spain if you are you British
20:38
you're still subject to UK inheritance
20:40
tax on death okay and what's happened is
20:43
because they've Frozen the thresholds it
20:45
means that more people are paying
20:46
inheritance tax it's no longer just an
20:48
issue for the wealthy and between April
20:51
and December 22 they got
20:54
5.3 billion in inheritance tax and the
20:57
basic threshold is 320 25 000 per person
21:00
up to five hundred thousand if a house
21:02
is included if you're married and one of
21:05
you died and you didn't use that
21:07
allowance because special pass is free
21:09
in the UK then obviously you get 650 and
21:12
a million but then anything after that
21:14
is taxed at 40 percent
21:16
which is a huge amount so there are ways
21:19
to mitigate inheritance tax so people
21:21
need to look at that and also have to
21:23
remember in Spain it's very very
21:24
different we don't have spousal Valencia
21:27
being free you know you only get a
21:29
hundred thousand each
21:31
um and remember in Spain if if you if
21:34
you both die and you leave it to your
21:36
beneficiaries they are taxed on all your
21:39
assets under Spanish inheritance tax
21:40
that are based in Spain so that is
21:42
something to bear in mind just a quick
21:44
note on there so if anyone needs to talk
21:46
to anyone about mitigating inheritance
21:48
tax obviously Black Tower are here to
21:50
help and talking about Black Tower I had
21:53
a lady I was speaking to the other day
21:54
and she said oh two years ago she goes I
21:57
was gonna I wanted you to do an
21:58
investment with you she goes but I
21:59
didn't realize that you uh did home
22:02
visit she said so I went and did a Fondo
22:04
with my bank she was phoning me up
22:05
because she has a Fondo with her bank
22:07
and it was meant to be 90 Capital
22:09
guaranteed and it's gone down by 15 and
22:12
she couldn't understand why and it's
22:14
because the banks hadn't told her all
22:16
the facts about about what she'd taken
22:18
out and what Black Tower I think are
22:21
quite unusual in that we will visit
22:22
clients at home so if you are elderly or
22:25
you're ill if you phone the office we um
22:27
to make an appointment we will come and
22:28
visit you I know some financial advisors
22:31
insist you go to their office but no we
22:34
we are human
22:35
and we do understand that some people
22:38
can't come to the office and we will
22:40
come and visit you so if you are in that
22:43
situation please please get in touch
22:46
because we are more than happy to help
22:47
you I say this every time home visits
22:50
get mentioned I know but um dangerous
22:52
repeating myself but when you visit
22:54
someone at home it's probably better
22:56
because they've got all their stuff
22:58
there they might forget a document if
22:59
they come and see you in the office
23:00
whereas it might be just upstairs if you
23:03
go to their house
23:04
I know this sounds awful but especially
23:07
if you're an elderly sometimes that can
23:09
happen it can happen to the best of us
23:10
oh yeah most people are very very good
23:12
and they do bring it to the office I
23:14
have one lady who is in her 90s and she
23:16
never forgets anything but some people
23:18
just can't they don't even oh sorry that
23:21
is just the phone making a noise they
23:23
don't drive or they're you know or they
23:25
they're not well enough to drive or or
23:27
they don't they don't feel comfortable
23:29
uh you know driving to the office they
23:31
may live a little way away and you've
23:33
got to remember at Black Tower we have
23:34
the office in Javier but we have we
23:36
cover from Valencia down to murfia and
23:39
we have people living in most those
23:40
areas so we have people in lasagna we
23:42
have people in torrevieja near Benidorm
23:45
you know Javier Maria or Valencia so we
23:48
can cover a lot of area and we go Inland
23:50
as well so if you are in that situation
23:53
please please get in touch we don't just
23:55
cover uh like Javier in the surrounding
23:57
areas as I said we cover the whole of
23:59
the Costa Blanca so that's Alicante
24:00
murthia uh no Alicante Valencia you know
24:05
we are here for you and I think that's
24:07
very important for people to remember
24:09
because otherwise you may go to your
24:11
bank you may be talking to having one of
24:13
their Investments uh which you don't
24:15
fully understand and you couldn't end up
24:17
losing more than you expect to lose yeah
24:20
and for you this is uh your core
24:21
business it's not necessarily the bank's
24:23
uh you know it is the banks most of the
24:25
people when you're going to see the
24:26
people in the banks they have sales
24:27
targets they have products they're told
24:30
to sell if you ask them about it they
24:32
don't really understand what the
24:33
fundamentals of those products are what
24:35
the underlying Investments are or what
24:37
the terms and conditions are whereas
24:39
obviously at Blacktail we've been doing
24:40
it for well 38 years now we understand
24:43
products inside out and we can talk to
24:46
you and we can understand what is best
24:47
for you rather than just sell you one
24:49
product off the shelf the best thing is
24:51
to email info at blacktower FM that
24:55
stands for financial management.com or
24:57
you can go onto our website which
24:59
blacktowerfm.com go to our contact page
25:01
just fill in your details and put for
25:03
the attention to see norall Bay radio
25:05
and then they know who it's got to come
25:07
through to or you can go into the bay
25:08
radio website if you go on advertisers
25:10
you click on Black Tower it will take
25:12
you through to our website again fill in
25:14
a contact form or you can always call
25:16
the office which is
25:19
96505-8212 if you go on the website if
25:21
you go under locations under Casablanca
25:24
there are all the contact details there
25:26
as well and remember we don't just cover
25:28
Spain we cover France Italy Germany us
25:31
we have branches in most countries
25:33
across Europe and in we as I said U.S
25:37
South America and we are open in
25:40
Australia and the and the Middle East so
25:43
if you're listening from those areas and
25:45
you need to have good Financial advice
25:47
please get in touch and if all else
25:49
fails you can always get in touch with
25:51
Bay radio so that is Studio Bay radio
25:54
dot fm and they pass everything on to me
25:56
or you can WhatsApp them and the only
25:59
person who ever knows their WhatsApp
26:00
number is Moody so he can tell you only
26:02
because I mentioned this last time I
26:05
still have to look at it on the wall uh
26:07
even after all it's been like six or
26:08
seven years we've had this number six
26:09
eight four four double five eight double
26:11
four use your WhatsApp number to come
26:13
through at any time of day here but yes
26:14
if you have any questions for Christina
26:16
we can pass them on
26:18
um weeks time it'll be Valentine's Day
26:20
so you won't be on then you'll be back
26:21
in two weeks time which is a shame
26:23
because nothing more romantic than
26:25
talking about the ftse 100 and the
26:27
Federal Reserve oh I don't think that's
26:29
what hubby and I will be doing I think
26:31
we'll be having a nice romantic day
26:32
hopefully so we thank you for your time
26:34
as always I'll talk to you in a
26:35
fortnight's Time listening and exceeding
26:37
expectations for over 31 years Black
26:40
Tower financial management a team you
26:42
want by your side visit blacktowerfm.com
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