22. Sell in May and go away? | From the Trenches

We're The Brits In America

Richard Taylor and James Boyle are back, bringing you the latest reports and their unfiltered takes on what’s going in the world of US/UK cross-border investing and financial planning.

Rich and James start with a look at how the markets behaved in May, which was generally very positive. As said many times on the show before, it’s important not be reactive or make emotional investment decisions. Current events influencing long-term investment strategies is a common mistake. Don’t touch that third rail!

The conversation then turns to investment and tax implications for expats who may move back to the UK. What are the implications for reporting vs non-reporting funds? Avoid punitive tax liabilities with some key planning decisions.

Finally, the talk turns to retirement (sadly not their own) and, citing a recent New York Times Magazine piece, the importance of having something to retire to. Have you thought about your retirement plan? It’s crucial to have one. James and Rich weigh up the pros and cons of retiring early against continuing to work in a consultancy role.

Always an Expat is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.