The Investment Association is warning of 'heightened criminal activity' from coronavirus scammers during lockdown.
In a statement, the IA said "new and increased financial criminal activity has been identified by investment managers and national authorities", with scammers "attempting to use the pandemic to convince savers and investors to withdraw money from their investments".
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Perhaps one of the most important things to understand about money is that people don’t experience it rationally. They experience it psychologically.
One of the most common assumptions people make is this: “I’ll be happy when…” I’ll be happy when I can retire. I’ll be happy when the mortgage is paid off. I’ll be happy when I have enough money. I’ll be happy when I can work less. I’ll be happy when I’ve achieved financial freedom. At first glance, these seem like perfectly reasonable goals. In fact, many of them are exactly the kinds of goals financial planners help clients work towards every day.
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