MTTM Podcast Episode 458 – Consistent investment funds, Debanking & car insurance renewal traps

1 min Read Published: 05 May 2024

Listen to Episode 458

In this episode, I discuss my latest piece of investment research where I look at consistent funds, and reveal one global equity tracker fund that passes the test. Andy then explores the issue of debanking, explaining what it is and what can be done if it happens to you. Finally, I discuss the nuances of shopping for car insurance and the importance of ensuring you're getting the same level of cover when comparing quotes on different comparison sites.

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Podcast Quiz Questions

Here are five multiple-choice questions to test yourself after listening to this week's episode.

  1. What does APP fraud stand for?
    • A. Authorised Push Payment fraud
    • B. Account Phishing Payment fraud
    • C. Advanced Phishing Protocol fraud
    • D. Automated Payment Processing
  2. What does Damien suggest about the performance of active funds over the long-term?
    • A. They always outperform the market.
    • B. They tend to underperform the market.
    • C. They are less risky than index funds.
    • D. They are recommended for all investors.
  3. What statistical measure indicates the extra return a manager gets for the risk they take?
    • A. Beta
    • B. Alpha
    • C. Sharpe Ratio
    • D. R-squared
  4. What is suggested as a good practice for maintaining good credit score?
    • A. Keeping a credit utilisation below 25%
    • B. Maxing out all credit cards
    • C. Applying for new credit cards annually
    • D. Closing older accounts regularly
  5. What not-for-profit organisation works to reduce and prevent fraud?
    • A. CIFA
    • B. CIFAS
    • C. CIFS
    • D. CFAS

Answers

  1. A. Authorised push payment fraud
  2. B. They tend to underperform the market.
  3. C. Sharpe Ratio
  4. A. Keeping a credit utilisation below 25%
  5. B. CIFAS

Resources:

Links referred to in the podcast: