MMP103: Pound Cost Ravaging
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 1 April 2015
⏱️ 53 minutes
🧾️ Download transcript
Summary
It’s session number 103, and for the first time ever, I’m bringing back a guest who isn’t Justin Urquhart Stewart! You may remember Abraham Okusanya from session 74, the most downloaded episode of all time. Well, I’ve brought Abraham back on to talk about the dangers of what he calls pound cost ravaging on portfolios in retirement. Stay tuned for more…
Transcript
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| 0:00.0 | Hi folks and welcome to the Meaningful Money podcast session number one zero three. |
| 0:05.0 | If somebody told you I was just your average ordinary guy not a care in the world, |
| 0:09.7 | somebody lied. |
| 0:17.4 | This is the podcast dedicated to helping you put your finances in order. |
| 0:22.7 | My name is Pete Matthew, and I'm going to share with you everything you need to know |
| 0:25.6 | and everything you need to do to secure your financial future. |
| 0:29.3 | I'm here to help you make sense of money. |
| 0:42.0 | Okay. Okay, here we are. |
| 0:44.0 | Session number 103. |
| 0:48.8 | And for the first time ever, I'm bringing back a guest, or at least a guest who isn't Justin Urquhart-Stewart, because he's been on the session time or two. |
| 0:53.2 | You might well remember Abraham Ocasonia from session 74, which incidentally is the most |
| 0:58.9 | downloaded episode of all time. |
| 1:01.1 | Well, I brought Abraham back, and this time we're going to talk about the dangers of what |
| 1:05.1 | he calls pound cost ravaging, particularly for portfolios in retirement. |
| 1:10.4 | Really important, particularly with everything |
| 1:12.4 | that's going on right now in terms of pensions flexibility. So stay tuned for more on that. As usual, |
| 1:19.0 | after the main body of the show, I'll look at the most recent reviews, but that won't take me very |
| 1:22.8 | long. See, that'll teach me not to change the script, there have been no reviews this week, |
| 1:28.0 | but I have had a couple of lovely emails from folks, |
| 1:30.2 | so I'll be giving a shout out to them. |
| 1:32.2 | I'll obviously announce what we're going to talk about next time. |
| 1:34.4 | So as there have been on, no reviews this week, |
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