EPISODE · Feb 25, 2022 · 45 MIN
How will the Ukraine crisis hit your finances and what should investors do?
Russia's invasion of Ukraine has created a tragic situation that goes far beyond worries about our finances but it will have an impact on them.The ins and outs of the conflict are not something that This is Money is qualified to comment on, but the financial impact of events is something that readers and listeners come to us to learn about.On this podcast, Georgie Frost, Tanya Jefferies and Simon Lambert look at what that impact could be.How the Russian-Ukraine conflict will affect out personal finances: from energy bills, to petrol prices and food, to the immediate volatility it has thrust on to people's investments, the team look at what is happening and what may happen next.Should investors stay calm and stick to their guns, or are their merits in one outlier suggestion of moving 50 per cent to cash and batteing down the hatches?Also on this week's podcast, the added problem of inflation for people's investments and how to combat it.Plus, the latest on the state pension underpayment scandal and how some councils are now trying to rake in money from those paid back lump sums.And finally, its not an uncommon situation now to sell a property and step out of the market while you find a new one, but what should you do with a huge sum of cash in the meantime?Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us 020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Russia's invasion of Ukraine has created a tragic situation that goes far beyond worries about our finances but it will have an impact on them.The ins and outs of the conflict are not something that This is Money is qualified to comment on, but the financial impact of events is something that readers and listeners come to us to learn about.On this podcast, Georgie Frost, Tanya Jefferies and Simon Lambert look at what that impact could be.How the Russian-Ukraine conflict will affect out personal finances: from energy bills, to petrol prices and food, to the immediate volatility it has thrust on to people's investments, the team look at what is happening and what may happen next.Should investors stay calm and stick to their guns, or are their merits in one outlier suggestion of moving 50 per cent to cash and batteing down the hatches?Also on this week's podcast, the added problem of inflation for people's investments and how to combat it.Plus, the latest on the state pension underpayment scandal and how some councils are now trying to rake in money from those paid back lump sums.And finally, its not an uncommon situation now to sell a property and step out of the market while you find a new one, but what should you do with a huge sum of cash in the meantime?Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us 020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.
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How will the Ukraine crisis hit your finances and what should investors do?
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