Owen McGee

speaker
1,739 appearances 11 recordings 2 series first heard May 2026 last heard 5d ago

Owen McGee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 11 in all, peaking in Sep 2026 with 3.

Appearances

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One of the biggest mistakes I see people make, they they're putting the money away for little Johnny or little Mary and they're gonna give it to them when they're eighteen and their child is two at the moment.
And they put it into a bank account or a credit union or on post account.
And I I always go on about this: the five-year rule.
If the money's not being used in the next five years, get it out of the bank account, credit union or on post, and get it invested, right?
Because over the long term, you will do better in the investment account, provided it's set up right at the start.
Be simple, be boring.
Don't look for any excitement in the investment.
You don't need to go chasing the next big thing.
The other thing is that we're not going to be able to do that.
Are there bes
that are marketed as this is your your child investment account and they're there and they're they're on the shelf.
And they're quite useful because there's another problem in the background, Claire, which is when you give the three thousand euros a year, you need to be the you need to create a record that this was the annual gift allowance.
So anyone that's in the state can give anyone else in the state 3,000 euros a year.
But you need to create a record.
And what I would always say to people is you need to imagine.
That some states in the future, unfortunately you're dead, your partner's dead, your grandchild in this case is sitting in the solicitor's office and the solicitor's office saying, You've got a whole bunch of money here.
You're gonna have to pay tax on this.
No, that was the three thousand euros a year, and here's the Excel spreadsheet spreadsheet that Granny used, or whatever else.
So you need to keep that record.
Ah, you wouldn't begrudge the poor dealer to 400 euro, would you, for doing all the paperwork for you and everything else?
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