Podcast Ep 466 - Investing in Nvidia, Debt to income ratios & funding later life care

On this week's episode Damien discusses the skyrocketing share price of Nvidia, the AI chipmaker and its impact on investors' portfolios whether they realise it or not. He also explains how you can manage your exposure. Damien then discusses the importance of debt-to-income ratios for anyone considering a mortgage. Finally, Andy reveals the significant costs of later life care and talks about strategies and insurance options to ensure you're prepared

00:00 - Podcast episode 465
00:40 - Follow us on all our social media platforms
03:58 - Investing in Nvidia
15:31 - Debt to income ratios
22:54 - Funding later life care

You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners. Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.

Support the show by visiting and bookmarking our dedicated podcast page:

Resources:

Links referred to in the podcast:

---------------------------------------------------------------------------

Since 2010 Money to the Masses has been helping people with their personal finances for FREE. Money to the Masses is one of the UK’s leading independent personal finance websites specialising in all aspects of financial planning including investments, pensions, property, insurance, mortgages, budgeting and saving. We bring together expertly written content, interactive tools and technology to help over 4 million people a year across our platform.

---------------------------------------------------------------------------

Follow Money to the Masses on social media:

#personalfinance #moneytips #moneypodcast

[LukeUTG]

Hi Damien & Andy, thanks for the latest podcast, i look forward to listening early every Sunday with the dog! i have been listen for a few months now and still working my way through the back catalogue! BUT i have started a SIPP, activated my wife's WPP and have got the future planned (ish). I do have one question for you though that I cant find any definitive info on. My Nan recently passed and has left her house to her 3 daughters. Whole estate is worth under £350k, so i believe IHT is not an issue, however 1 sibling will be giving 1 other sibling her share, couple of queries - firstly should this just be a simply bank transfer between the sisters after the solicitor has executed the will & secondly are sibling to sibling transfers of this value (~85k) subject to their own IHT rules. Thanks in advance, love the show and will be certainly listen (and watching now) for many Sunday's to come! thanks again, Luke

[rogermanifold]

Regarding care home assisted living I’ve personally looked into care homes outside the UK particularly South East Asia, Overall I’ve found it a better quality accommodation, better climate, outside swimming pools, accompanied day trips and more average price coming in below £2000 a month, it’s probably not for family oriented individuals but this is most definitely my preference

[umbreenk]

Thanks for sharing the stupid ways in which you put your back out, Damien. It makes me feel better as the same thing happened to me. 😢

[CanonY]

I've found the best thing for me to do if I've put my back out: get in the shower; crank the heat up to as high as I can tolerate; turn the shower head to a focussed jet; blast that sore spot on the back; get my back going again with stretches/ marching on the spot. Then later spend time doing back and hamstring stretches to prevent it happening again. We all spend too much time sitting and it's terrible for our backs and flexibility