Welcome to the inaugural CREWFO investment newsletter, where we discuss opportunities specifically relevant to Superyacht Crew. As you may be aware, all CREWFO members receive a free financial plan as part of their membership, email firstname.lastname@example.org if you would like to schedule in a call to discuss yours.
This newsletter will focus on a case study which will give an example of how your money could work for you, offshore bonds and offshore banking, as these are two of the areas where we get the most questions.
If you would like anything covered in future newsletters please get in touch. With the current level of volatility in the market, the importance of getting the right advice has never been higher, and if you have been working in the industry for over a year then you should look at starting your financial planning to ensure you grow your assets in a sustainable fashion. Please note; this newsletter is aimed at people who are registered for tax in the UK, but we do have opportunities for all CREWFO members. [Read more…]
One thing we talk to Crew about a lot is budgeting. Whether you are saving for something specific, trying to be careful with your money or simply like to be in control, having an idea of how much money you should save each month is always a good idea. [Read more…]
Buying property is, as we here all the time “a total no brainer” It is more popular by far than investing in stocks and shares, ISA’s, pensions etc as people feel they know where they stand with bricks and mortar.
We have had this discussion hundreds of times both on the phone and via social media and there is a lot to be said for both as well as spreading your risk and your potential for growth. However, this article is not about starting an argument it is about the more popular investment option for crew which is by far and away property.
So, if this is so popular why do crew struggle so much to do it? The answer is two fold; [Read more…]
Bank accounts are a nightmare aren’t they? It is virtually impossible as crew to have an account which allows you to do everything efficiently. [Read more…]