Killik Explains: Finance

<p><a href='http://embed.wistia.com/deliveries/21c3280f74f8f13bcf3426c4ae0e509be7669644/file.mp4'><img src='http://embed.wistia.com/deliveries/9069288b82a28b3d823b54966da374542673eccf.jpg?image_crop_resized=200x120' width='200' height='120' alt='How annuities work'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/fdba2d22f5310ee87070c84b1c86ba0f4f54c7f2/file.mp4'><img src='http://embed.wistia.com/deliveries/70c6ce27bbfb96bb573765474c493c1d9d65e5b8.jpg?image_crop_resized=200x120' width='200' height='120' alt='How to avoid the latest pension scams'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/a72200b0936581f578c66da890a13505142b8088/file.mp4'><img src='http://embed.wistia.com/deliveries/82ac8e0ee26f4e73ecce669e87f1fda3590e8575.jpg?image_crop_resized=200x120' width='200' height='120' alt='How to manage market cycles'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/096305afe40df2e273ea48a7c7534315ff418b95/file.mp4'><img src='http://embed.wistia.com/deliveries/8810089a9f7626c3acc6a2bfa29616f98611bcbd.jpg?image_crop_resized=200x120' width='200' height='120' alt='What the budget means for saver and investors'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/13c9405900a52c06c6da9b4a043af47e2da351bb/file.mp4'><img src='http://embed.wistia.com/deliveries/4a8022eb067d74ad43cc2a9a81642c257b98c8ef.jpg?image_crop_resized=200x120' width='200' height='120' alt='How put options can help you when markets dip'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/efeb909d8bf9f798c39fbe70d466f4bbb654adb5/file.mp4'><img src='http://embed.wistia.com/deliveries/6ca7838ee4221ee8d388bf0bb1e5ba8416f7e2bc.jpg?image_crop_resized=200x120' width='200' height='120' alt='How CFDs can help you when markets dip'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/510e7bec27707ff03aa183fc4ed7bc4dccbf2152/file.mp4'><img src='http://embed.wistia.com/deliveries/74cb540ee7c39188ac74386ad31ad1734776f16d.jpg?image_crop_resized=200x120' width='200' height='120' alt='Pensions part 3 – The big change in April 2015'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/1307d402032d797c11641c5b26bc897c6c750b1e/file.mp4'><img src='http://embed.wistia.com/deliveries/c50a74cb5d85580681b97045c6f8dc3c35dc299f.jpg?image_crop_resized=200x120' width='200' height='120' alt='Pensions Part 2 – How pensions work'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/5ac6b918fab7fa014cde9c7576acad2ed968ef48/file.mp4'><img src='http://embed.wistia.com/deliveries/6afde5260c8560227b7fbec71e9574dc490dc852.jpg?image_crop_resized=200x120' width='200' height='120' alt='Pensions Part 1 – The looming retirement crisis'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/1af36b83b9eec7ae28e2358c583023081317a742/file.mp4'><img src='http://embed.wistia.com/deliveries/8634f1c8dd21ea1f4f787293db56d8351ef1e2aa.jpg?image_crop_resized=200x120' width='200' height='120' alt='How to avoid buying high and selling low'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/2c01c1defa776103d089a4288951cca6e82dd612/file.mp4'><img src='http://embed.wistia.com/deliveries/ebca95d9ebb134c7c177e21d40db8816cbb8a507.jpg?image_crop_resized=200x120' width='200' height='120' alt='What are derivatives-'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/6accde3e10ea94be86f5c2e28488c3fc42f5860e/file.mp4'><img src='http://embed.wistia.com/deliveries/02d9fd6ed07366701f98e1637bdef300482fbaa3.jpg?image_crop_resized=200x120' width='200' height='120' alt='The role of the Bank of England'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/015acb3875d18c617354fa060df506b759c6b0b5/file.mp4'><img src='http://embed.wistia.com/deliveries/254e1da40fd3ac343c030a850dd05b732f43e634.jpg?image_crop_resized=200x120' width='200' height='120' alt='Three common investing mistakes'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/a8f40637053ff23b903dd98d93ffcf183572a287/file.mp4'><img src='http://embed.wistia.com/deliveries/380ccccedee2c6cfb9bee3bced9b2f731371398e.jpg?image_crop_resized=200x120' width='200' height='120' alt='Fixed income basics - the yield curve'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/00b3646d05ec4949780aa5f3188607bba686d392/file.mp4'><img src='http://embed.wistia.com/deliveries/95159ae2f24a367d7aa784120855b9030e8983e9.jpg?image_crop_resized=200x120' width='200' height='120' alt='Fixed income basics - convertible bonds'/></a></p>

<p><a href='http://embed.wistia.com/deliveries/84cfad6ec20d8088dc3a4c238fc11be06932e056/file.mp4'><img src='http://embed.wistia.com/deliveries/97cd37527cb2240088e11c222dcd9640adcc84de.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: 3 New Year's Resolutions for Savers and Investors'/></a></p><p> As 2015 approaches I look at three ways you can improve your saving and investing as we enter the New Year.</p>

<p><a href='http://embed.wistia.com/deliveries/ac3893cef31dd785c287b39e9bfa0e8b407c756f/file.mp4'><img src='http://embed.wistia.com/deliveries/5c3a7284f812d783e3b287c432474a80c0b1d468.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to invest - Tips from the experts'/></a></p><p> In this Christmas video I round up some of the top investing tips offered by our market experts in Confidant over the past four quarters.</p>

<p><a href='http://embed.wistia.com/deliveries/c47aa79819ddafb06a7ffcc83f59f02c8f16a4c6/file.mp4'><img src='http://embed.wistia.com/deliveries/759d7d45ed19ea9dc0bf3af967cab98bcf69ce32.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Bond Market Red Flags - Yield spreads'/></a></p><p> </p> <p class="MsoNormal"> Bond markets can be one of the first places to look for signs of trouble. In this short video I introduce and explain a key warning indicator – the yield spread.</p> <p> </p>

<p><a href='http://embed.wistia.com/deliveries/ef63271169283fa257885695ba9511272943eda7/file.mp4'><img src='http://embed.wistia.com/deliveries/6f1551854e4c494663c4ee500537eb0f531e1a77.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What is stamp duty?'/></a></p><p> </p> <p class="MsoNormal"> Chancellor George Osborne overhauled the stamp duty rules in his recent Autumn Statement. This week I explain how this tax works and what has changed.</p> <p> </p>

<p><a href='http://embed.wistia.com/deliveries/3e7af126898436960932032a46da4d7b3c7a0f3b/file.mp4'><img src='http://embed.wistia.com/deliveries/3dd7b3bafd1bad3c950e009adb6eb1ca333813c8.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to read a chart - moving averages'/></a></p><p> Chartists rely heavily on moving averages to spot key patterns. Two of these are the so-called “Golden” and “Death” crosses. This week I explain how they work.</p>

<p><a href='http://embed.wistia.com/deliveries/147c8658afcc186aa098c4b1a7eb1c2b5a3b9a43/file.mp4'><img src='http://embed.wistia.com/deliveries/cb37c2283f8a542be18758ff425f7433f3872462.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to read a chart - bars and candlesticks'/></a></p><p> Stock charts come loaded with lots of useful information in the form of bars or candlesticks. In this short video I explain how these key charting tools work.</p>

<p><a href='http://embed.wistia.com/deliveries/d023d9ef86c0c0394b93b1336cbdd8ab75031c69/file.mp4'><img src='http://embed.wistia.com/deliveries/3844961ae42f2f7a936902f1e8ef2e1db9cdf6ac.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to read a chart - an introduction'/></a></p><p> </p> <p class="MsoNormal"> Stock charts can help to reveal when you should buy or sell a stock, sector or index. In this short video I introduce charts and explain how.</p> <p> </p>

<p><a href='http://embed.wistia.com/deliveries/80c876f7147835a720a8257545882e80de26be01/file.mp4'><img src='http://embed.wistia.com/deliveries/5dde68e943398249c2e9c4d26f827d6fc8b3f8fc.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Which average can you trust?'/></a></p><p> Averages need to be interpreted with care. In this short video I highlight the key differences between the mean, median and mode before covering arithmetic and geometric means.</p>

<p><a href='http://embed.wistia.com/deliveries/7b675294b07100d1cb66eacd6123246aa40a1c8f/file.mp4'><img src='http://embed.wistia.com/deliveries/ab255d1fc2a0acf7a63bafffea2a3f46760faa9c.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What is inflation and why does it matter?'/></a></p><p> Inflation data is closely watched by investors. In this short video I cover all the basics of the UK’s two main measures and explain why they matter.</p>

<p><a href='http://embed.wistia.com/deliveries/b522d2752e5bee6b892fc403794bf41dda680619/file.mp4'><img src='http://embed.wistia.com/deliveries/573d290ff9166c5e29f054bb5e3312d5f8797a1c.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Why you need a will'/></a></p><p> We don’t like to think about our own demise which is probably why so many of us don’t have a will. In this video I explain why this could be a big mistake.</p>

<p><a href='http://embed.wistia.com/deliveries/d40c0cacfc6efd3141dbe1cfd492df3992a53178/file.mp4'><img src='http://embed.wistia.com/deliveries/0f3f5603c3086def20739d581831fdfeef3d10a8.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Is return on equity the ultimate ratio?'/></a></p><p> Return on equity has been called the King of Ratios. In this short video I explain why before pointing out a few of its limitations.</p>

<p><a href='http://embed.wistia.com/deliveries/64457a01387d1535808e1e913ec3e79164aac6d6/file.mp4'><img src='http://embed.wistia.com/deliveries/74f8a8c663396705e8f8445e6476f3e5c1d6ef80.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to spot a cheap share - the price to sales ratio'/></a></p><p class="MsoNormal"> The price to sales ratio is a simple way to distinguish cheap and expensive stocks. In this short video I explain how it works and some of its limitations.</p>

<p><a href='http://embed.wistia.com/deliveries/16467ae89d1976b3cae2f1efd7c45839ee91459c/file.mp4'><img src='http://embed.wistia.com/deliveries/e2c52fe1ed46a0e30b79e75add62665b3c0d0a7b.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to spot a cheap share - the PEG ratio'/></a></p><p> The price to earnings growth ratio (PEG) can help you judge whether a share is cheap or expensive. This week I explain how and also point out its main pitfalls.</p>

<p><a href='http://embed.wistia.com/deliveries/d2fe82693d3496f1d7854bbeb094b2d6894e83f9/file.mp4'><img src='http://embed.wistia.com/deliveries/527c405bed4a6c58b0ec74929250c70c340a7f8c.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What is the FTSE 100?'/></a></p><p> </p> <p> <span style="">The FTSE 100 is a key index for investors. In this video I recap how it works and weigh up its pros and cons as a benchmark.</span></p>

<p><a href='http://embed.wistia.com/deliveries/1b439da54c799a586761c2648f847769b7e85f68/file.mp4'><img src='http://embed.wistia.com/deliveries/a532935d2217781c8385361f91a217f8a30b9e9c.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What is free cash flow yield?'/></a></p><p> Free cash flow yield is widely quoted by analysts and gives investors a useful insight into whether a share is cheap or expensive. In this week’s short video I explain how it works.</p>

<p><a href='http://embed.wistia.com/deliveries/75f8ef6b04379fdb8f9d4d58df2b73d0a438bfae/file.mp4'><img src='http://embed.wistia.com/deliveries/b2cfb8fceca17393884b35bd6fd21268b158e930.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Understanding Volatility- What is standard deviation'/></a></p><p> Standard deviation can help you test the reliability of quoted performance figures and even judge where a share price might go next. In this short video I explain how and point out its main pitfalls as a number.</p>

<p><a href='http://embed.wistia.com/deliveries/cd1981d223b2e4d2ef3acd87c9500b3e8f7624d9/file.mp4'><img src='http://embed.wistia.com/deliveries/83df74866fa2dcb3b1a92707a382ec7a8c80f9a1.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Understanding volatility: What is the Vix?'/></a></p><p> In this short video I introduce the stock market’s “fear gauge”, the Vix index. I summarise how it works, what it reveals and point out its main drawback.</p>

<p><a href='http://embed.wistia.com/deliveries/853d57136d6c14009f19f58efdf777fcc8c35f7a/file.mp4'><img src='http://embed.wistia.com/deliveries/123210f345cf16c9e3aee2489794f4a84d413410.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Understanding volatility - What is Beta?'/></a></p><p> Anyone buying shares, or seeking to build a portfolio, needs to understand volatility. In this short video I introduce Beta as one way of measuring it. I explain how it works, how it can help and point out its main pitfalls.</p>

<p><a href='http://embed.wistia.com/deliveries/3081ebeadfa43702ea6a530b7c73319d287c5d24/file.mp4'><img src='http://embed.wistia.com/deliveries/c964da707145a3ef20ac16b43b1b41f0c900af15.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: NAV - three key letters for fund investors'/></a></p><p> New fund investors need to grasp the concept of net asset value (NAV) and its relationship with the market value of a fund. In this short video I introduce NAV and highlight why it matters.</p>

<p><a href='http://embed.wistia.com/deliveries/2c3cd1390ed5f7e196be691b59a00a52401476f7/file.mp4'><img src='http://embed.wistia.com/deliveries/4b1ccc513967d3972302e74aec491febcf6c5009.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Five red flags for fund investors'/></a></p><p> Funds are not all created equal and some carry more risk than others. In this short video I recap the advantages of funds before highlighting five key issues that an investor should investigate before buying.</p>

<p><a href='http://embed.wistia.com/deliveries/b210bbe1481778f2cc4b634a7b2b6d5d0d39a208/file.mp4'><img src='http://embed.wistia.com/deliveries/7e455ba93a870c084e6a5093aba3a87f1b32e55a.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Three risks every stock market investor should understand'/></a></p><p> Most investors know that shares go down as well as up – this is called price risk. In my latest video I introduce two other key risks that affect equity investors and offer some tips on how you can manage all three.</p>

<p><a href='http://embed.wistia.com/deliveries/0e3306765cdd16593ef71f62127b4a846f227bed/file.mp4'><img src='http://embed.wistia.com/deliveries/38c3688e36b0cb24d9ab1bb5e0b4df8b6ea18bdf.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How to buy shares'/></a></p><p> There are a number of different factors to consider when buying shares as Tim points out in this video. He explains the key ones before offering new investors some pointers when it comes to choosing a broker.</p>

<p><a href='http://embed.wistia.com/deliveries/b0064660e857a4c669b96cd17c89e6c01c897c16/file.mp4'><img src='http://embed.wistia.com/deliveries/13bdf406de15c5e05805769e5b165ab020042bf7.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Balance Sheet Basics'/></a></p><p> Balance sheets may be less exciting than profit and loss accounts but they contain vital information for investors, as Tim Bennett explains.</p>

<p><a href='http://embed.wistia.com/deliveries/87b1a2a9efe7d040b336c8fb60c260e4f0e7b057/file.mp4'><img src='http://embed.wistia.com/deliveries/bb525263ee1ee394af17cd9f3475c11210df327e.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How gearing can change fund returns'/></a></p><p> Debt and derivatives can both be used to change the profile of a fund’s returns. Tim Bennett explains how and points out the main pitfalls associated with both.</p>

<p><a href='http://embed.wistia.com/deliveries/740fe96bfe5049c060fc525a8097c0f8a91627ad/file.mp4'><img src='http://embed.wistia.com/deliveries/f702afb5a2ddaa98543711ba390d5f290815b35c.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Which profit figure can you trust?'/></a></p><p> There are many different ways for a firm to report profits notes Tim Bennett. Here he offers a short guide to which versions are the most reliable.</p>

<p><a href='http://embed.wistia.com/deliveries/ac1f65a082bfc0db7a24331a5cbba571cc98e57c/file.mp4'><img src='http://embed.wistia.com/deliveries/5eab70ec0706e42cf0c0cda4c38b3428c297f072.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What are open and closed ended funds?'/></a></p><p> The differences between open and closed ended funds can confuse investors. Here Tim Bennett offers a short jargon-free guide to all the basics.</p>

<p><a href='http://embed.wistia.com/deliveries/dec720e435b0e946d1eba75ed47ded1c5716e924/file.mp4'><img src='http://embed.wistia.com/deliveries/e10e9f6f964f9c2ce304da0c7b8e4f7bcba14a8f.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Foreign Currency Basics'/></a></p><p> Currencies operate in a world of their own says Tim Bennett. In this video he explains some of the most commonly used jargon and highlights how spot and forward deals work.</p>

<p><a href='http://embed.wistia.com/deliveries/8c8e725253f3bb5f46d7029ba64481c87c1f4195/file.mp4'><img src='http://embed.wistia.com/deliveries/bc52652326db23ddc41d8732142045cec911e760.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How debt affects equity returns'/></a></p><p> Debt has a direct impact on the return you can expect to get from a share says Tim Bennett. In this short video he highlights why.</p>

<p><a href='http://embed.wistia.com/deliveries/7790b54b559893d21d98774a876768672d00304a/file.mp4'><img src='http://embed.wistia.com/deliveries/98729c486af018a8259242f11dd63d2bdf21e183.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: How fixed costs affect equity returns'/></a></p><p> Operational gearing is a popular piece of jargon used by analysts and journalists. Here Tim Bennett explains what it means and why it matters.</p>

<p><a href='http://embed.wistia.com/deliveries/0b7d44504798dfd289c2e788d44c6953c9b241f6/file.mp4'><img src='http://embed.wistia.com/deliveries/a0b6cd16685ed41a2bc9d6996d8cb73c3cbdc5b7.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What is EBITDA?'/></a></p><p> Sooner or later an equity investor will come across the term EBITDA. Here Tim Bennett explains how it is used and asks whether it should be so popular.</p>

<p><a href='http://embed.wistia.com/deliveries/b0443211f3ac2b74ee5900954d11245cb35c4a81/file.mp4'><img src='http://embed.wistia.com/deliveries/911dceecbc9f51a06045b3f51dcc6d99c78da9d1.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Five problems with P/E ratios'/></a></p><p> Price earnings (p/e) ratios can be very useful when it comes to judging whether a share is cheap or expensive. However, as Tim Bennett explains in this video, they are not perfect and must be interpreted with care.</p>

<p><a href='http://embed.wistia.com/deliveries/d81294a260aee6eb05d05c974e647cd861a57b07/file.mp4'><img src='http://embed.wistia.com/deliveries/0f77494fed5dc6320b92f10cc8fb738cb44732d1.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Fixed Income Securities – rewards and risks'/></a></p><p> Anyone investing in fixed income securities should be familiar with yields – a key way to measure returns. In this short video Tim explains how these work and also how to evaluate the investment risk of a fixed income security using a credit rating.</p>

<p><a href='http://embed.wistia.com/deliveries/9e79106f5050a0817ef013039049593bd2dcda28/file.mp4'><img src='http://embed.wistia.com/deliveries/dd3e1b199fb2b269a744dab0205dcaa08fcf6a5b.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What are share buybacks?'/></a></p><p> Share buybacks are billed as an effective way for firms to return surplus cash to shareholders. But as Tim Bennett explains in this short video they can also flatter a firm’s results and help directors hit their own remuneration targets.</p>

<p><a href='http://embed.wistia.com/deliveries/83f5bcc07ae04d35c2b7e5513f3351451270fc22/file.mp4'><img src='http://embed.wistia.com/deliveries/f3257a5e46cd66978e42bd6c5c792951cb7eb526.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: Why dividends matter?'/></a></p><p> Dividends are a key part of the total return that an investor can expect from shares. In this short video Tim Bennett explains why dividends are so important and how equity investors should approach income investing.</p>

<p><a href='http://embed.wistia.com/deliveries/a21801f25d4486a5d0aac4c41f9dc181ff572d31/file.mp4'><img src='http://embed.wistia.com/deliveries/fc297a556754dc66df56d031862191f00407f3e2.jpg?image_crop_resized=200x120' width='200' height='120' alt='Tim Bennett Explains: What are ISAs and NISAs?'/></a></p><p> Individual Savings Accounts (ISAs) are a great way to save and invest tax efficiently. Here Tim Bennett explains how they work and compares them to the New ISAs (NISAs) introduced in the latest budget.</p>