Here's some news and views from Isle of Man Accountant Liam Thompson:-

'Are you happy for other people to get rich at your expense?'

 Like me, I expect your answer is that you don't mind other people doing well
if they help you to do well - but you certainly don't want somebody doing
well at your expense.

 But when it comes to investing for your future, that's exactly what seems to
happen, isn't it? After all, the newspapers are full of stories of..

 Fat Cat salesman earning a fortune selling people the wrong type of
pension.

 Fat Cat banks and building societies launching accounts with high rates of
interest, and then quietly reducing them in the hope that nobody notices. 

 Fat Cat mortgage providers growing rich by selling endowment policies that
have under performed so badly that they won't pay off the mortgages they
were taken out to cover, let alone provide the promised nest egg. 

 And Fat Cat financial institutions earning inflated bonuses and profits by
selling policies that are crippled by excessively high charges.

 
And it's obvious whose money the Fat Cats are taking, isn't it? It's yours
and mine. Putting it simply.. they are getting rich at our expense.. because
when they win, we lose.

 

Well, we don't think any of that is fair. 

 And, as a ProActivity subscriber I wanted you to be the one of the first to
discover what we're doing about it.

 

Let me explain.

Working with leading Independent Financial Advisors on the Island we will
help you make the best possible financial decisions, decisions that will
help you to make the very most of your life, by making the very most of your
money.

 From savings and investments, to pensions and insurance, you can now get
advice that is:

*   Right for you

*   Friendly and relaxed - with no pushy salesmen

*  In Plain English - to turn the otherwise bewildering complexity of the subject into something that is easy to understand and get to grips with

 

If you'd like to find out more please give me a call on 01624 611108 
 

 

Problem solving made easy

Best-selling self-improvement author Dale Carnegie once explained how he
eliminated 50% of his business worries. Faced with a new challenge, he would
take out a blank sheet of paper and write down the answers to the following
four questions: What is the problem? What is the cause of the problem? What
are all the possible solutions? Which solution do you suggest? It may sound
simple, but according to Carnegie the act of committing your answers to
paper is much more effective than thinking them through in your mind. So why
not give it a try?

 

Anyway, I hope this has given you some food for thought. I'll be back in
touch soon with more ProActivity ideas that I think you'll find just as
interesting.

 

 

Best wishes

 

Liam

 

PS        And finally, I thought I'd share with you a couple of quotes that
I came across recently that I thought you would like: 

The secret of financial success is to spend what you have left
after saving, instead of saving what you have left after spending. Anon

It's easy to sit up and take notice - harder to get up and take
action. Anon

 

 

PPS     Remember, we will gladly add your key contacts, targets and
customers to the ProActivity programme - if you want us to. It's a great way
to add value to their businesses - and strengthen your relationships with
them. And, of course, it won't cost you or them a single penny. Simply give
us their contact details with their permission of course and we'll do the
rest.

 

 

Thompsons

Chartered Accountants & Business Advisors

Royal Trust House

60-62 Athol Street

Douglas

Isle of Man

IM1 1JD