Ep 523 - New car finance compensation scheme explained & investing in gold miners
Description
On this week's show Damien explains how the new car mis-selling compensation scheme, announced by the FCA this week, will work. He explains who will be eligible for compensation, the average potential payout and what you now need to do.
Finally, he discusses the soaring price of gold and explains the pros and cons of investing in gold mining stocks.
Check out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show.
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Links referred to in the podcast:
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- FCA Car Finance Complaint Template
- Report Scam Texts (National Cyber Security Centre)
- Car Finance Redress Scheme: Latest Update
- 80/20 Investor Free Trial
- Podcast: Investing in Gold
- Podcast: Investing in Gold Coins & Bullion
- Podcast: Understanding Crypto Wallets
- New Lloyds Cashback Credit Card
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