In the latest Money Makers podcast, Jonathan Davis talks to fund manager and market commentator Tim Price, well known to many for his regular contributions to MoneyWeek and The Spectator.
The topic is how best to invest your money in the unprecedented zero interest rate world in which we live – when bank deposits and government bonds, once the risk-free assets on which millions relied for income, yield next to nothing and central banks around the world are busy creating money left, right and centre in a desperate and so far not very successful attempt to breathe life back into their stuttering economies.
The podcast breaks down into two episodes. In the first, Tim, a private client investment manager for the past 15 years, and now managing this own fund, explains why he believes that “the mother and father of financial accidents is waiting to happen”, a theme he has expounded at length in a new book Investing Through the Looking Glass:
In the second part of the interview, the discussion moves on from the causes and symptoms of this potentially dangerous outcome to what investors should do with their money in a world where nearly all the old foundations of sound money management no longer seem to apply. Tim has what he describes as three relatively low risk solutions to offer:
These podcasts are the latest in a series of free regular interviews with prominent figures in the investment world, brought to you by Money Makers. You can sign up here to be notified about the next podcasts in the series, which are free to air – or subscribe on iTunes and other podcast services. Jonathan Davis, the founder of Money Makers, is also the founder of Independent Investor, a sister publishing and newsletter business. An active professional investor, he is a Senior Adviser at Saunderson House, a Member of the Chartered Institute for Securities and Investments and the author of several books about professional investors. More details at www.independent-investor.com.
Tim has worked in the capital markets for 25 years, initially as a bond specialist and more recently as the Chief Investment Office at three separate wealth management firms, specialising in capital preservation and absolute return investment. He is the manager of the VT Price Value Portfolio a partner and a regular columnist for Money Week and The Spectator. He is the author of Investing Through the Looking Glass (Harriman House), published in November 2016.