Informed Choice Podcast 40 – Greedy, spoiled, self-absorbed Baby Boomers

Informed Choice Podcast 40This week in episode 40 of the Informed Choice Podcast, Martin talks about the causes of intergenerational wealth inequality, whether Alzheimer’s disease can be transmitted by medical procedures and why teenagers are better with money decisions than young adults.

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In the personal finance and investing new roundup this week:

-The Bank of England Monetary Policy Committee has voted to keep interest rates on hold at 0.5%. 

-House price inflation is likely to be 6% this year, according to the Royal Institution of Chartered Surveyors.

-The Autumn Statement will take place on Wednesday 25th November, with Chancellor George Osborne announcing his Spending Review at the same time.

-Jobless claims in the US have fallen, with the employment market starting to strengthen as fewer Americans applied for weekly unemployment benefits.

Listener question

No listener question in the show this week, but we would love to hear from you!

If you have a personal finance or investment question, we would love to hear from you and have the opportunity to answer your question in a future episode of the show.

To leave your question as a voicemail, call 020 8144 2745 and record your message.

Please leave a note of your full name, mention your website or blog if you have one, and then record your question. If you could keep the question to under 60 seconds, that would be perfect, and then we will feature it on a future episode of the podcast.

Alternatively, if you click here you can record a voicemail for the show there using the microphone on your PC or Mac.

Main topics

Are members of the post-war Baby Boomer generation really to blame for wealth inequality across the generations?

A TUC report has concluded the popular notion that wealthy Baby Boomers are hoarding the country’s wealth in retirement, at the expense of younger generations, is wrong.

Is Alzheimer’s Disease infectious?

The tabloid press have been getting excited this week with the news that Alzheimer’s could be transmitted during some medical procedures. This is based on a study which found that some patients with a rare form of “iatrogenic” Creutzfeldt Jakob Disease (iCJD), had a molecular hallmark of Alzheimer’s.

How good are teenagers with money?

There was an article in The Telegraph this week based on research which found teenagers are more rational with spending money than those in their 20s. Researchers from Duke University in North Carolina found that children aged 10 to 16 were better at picking the best options for saving money than young adults.

Useful links

Here are links to everything else Martin mentioned in episode 38 of the Informed Choice Podcast:

Thrive by Arianna Huffington

Trigger Mortis by Anthony Horrowitz

Baby boomers are ‘not to blame’ for wealth inequality across the generations (article)

Autopsies reveal signs of Alzheimer’s in growth-hormone patients (article)

Teenagers better with money than twenty-somethings (article)

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