Having no savings at 40 isn’t the end of the world, but it’s not ideal. Saving enough to ensure a comfortable retirement is a long-term job, so it makes sense to start early in life.

There are good reasons why someone may have no savings at this age. Incomes have stagnated. The financial crisis and pandemic have added to the squeeze. Young people have other responsibilities, such as paying off debt or saving for a property deposit.

Also, retirement can seem a long way off, in your 20s and early 30s. For many, the urgency starts hitting home around 40. At which point, it should be all systems go.

I’d buy FTSE 100 stocks

Most people are likely to have some savings at 40, though. Especially in future, as the auto-enrolment company pension scheme gives millions a workplace pension for the first time.

I’m in my early 50s now, but … Read more

With the much anticipated return of a dividend (albeit only 15 cents per share for the interim period) failing to ignite the HSBC (LSE:HSBA) share price, the bank still trades for below book value. As of late February, HSBC shares trade for a price-to-book ratio of around 0.63. Here is one potential event I think that could send shares higher.

The importance of interest rates to HSBC

Due to the pandemic, central banks around the world have lowered interest rates to ultra-low levels. This has acted as a headwind for the bank. According to CEO Noel Quinn, HSBC “lost around $5.3 billion of net interest income” due to the lower rates. That has translated into an over 2 percentage point decrease in the bank’s return on tangible equity (RoTE).

The low rate environment is one of the reasons why management has focused more on the bank’s non-interest income … Read more

In March of 2020, Reneé Boudakian, co-founder and owner of Rubicon Marketing and DM Certified Partner, found herself in the same situation you did. 

Wondering if her business would be able to ride out this unpredicted storm. 

It turns out that her business was not only able to survive, but it became a better version of itself. In 90 days, Reneé was able to secure $100,000 from offers that didn’t even exist at the start of 2020.

Yes—you read that right. The offers she launched to have a 6-figure quarter weren’t even part of her business pre-pandemic. Using the Customer Value Journey and 2 essential questions, Reneé was able to maneuver through the end of 2020 with a strategy we’re excited to share with you.

Before Reneé put the Customer Value Journey to work, her agency’s offer was to implement and build out individual Infusionsoft campaigns on spec in … Read more

Content Marketer Deep in Thought Image

In his recently-published book, What’s Your Problem: Become a Better B2B Marketer by Enhancing Your Problem-Solving Skills, Steve Goldhaber argues that the discipline of content marketing boils down to a simple consistent objective: solving problems.

It’s a reasonable framing. Almost every piece of marketing content is essentially aimed at solving a problem. This really gets to the fundamental intent of B2B content marketing as a practice: by helping our audience solve day-to-day problems and overcome business challenges, we hope that they’ll eventually consider using our product or service to solve a bigger problem.

But content marketers can’t focus solely on solving problems for customers. We also need to look inward and address key challenges that threaten the value and impact of our problem-solving content. The old saying about “getting your own house in order” comes to mind.

Here’s a look at four prevalent conundrums faced by B2B content marketers … Read more

HSBC (LSE:HSBA) recently reported its much anticipated annual results for 2020. Many investors were keen to see how the bank did during the challenging pandemic and whether management would pay a dividend again given the improved economic conditions. I think it’s fair to say the bank answered some of those questions. With the results, here are some key points and what I’d do given the current HSBC share price.

Annual 2020 result

Like many other banks, HSBC’s 2020 results weren’t that great due to the pandemic. For the year, HSBC reported a profit before tax of $8.78bn, beating the analyst estimates of $8.33bn, but still lower by 34% year-over-year. Sales also fell 10% to $50.43bn.

Due to the pandemic, the bank suffered from increased credit losses. Given that many central banks cut rates in response to the pandemic, HSBC also made less in some interest rate sensitive areas of … Read more