Travel anxiety is the fear of visiting an unfamiliar place. It can also involve the stress that comes with planning your travels. Even if you have no history of anxiety, the idea of being outside familiar territory can throw you into panic mode.

There’s a lot of life affirming stuff on social media these days. There’s also a stack of people leading us to believe they are leading fruitful and happy lives with not a care in the world. I contend that much of this has the potential to give us a warped view of the world and some unrealistic expectations.

In fact, I think much of the life affirming happiness stuff is BS. How do I know? Truth is, I don’t, but I have reason to be sceptical. It is true that some poor souls post some pretty sad stuff but for the most part it’s all love, peace and beautiful days ahead. I guess social media was only ever intended to be a window into positive emotions, not a place to spill your guts so to speak.

I reckon it’s also true that while most people are pretty happy to share happiness with virtual strangers our darker experiences need to be hidden away. If a wide and sometimes unfathomable range of emotions defines the human condition why is happiness the only one we feel comfortable sharing, or indeed experiencing in any sense. No one asks you how you are, expecting a sad or emotional response. Most of us, me included, just aren’t comfortable with that stuff.

More to the point, in this age of expectations of happiness, how do we manage emotions that occasionally blindside us ?

All this crossed my mind recently. I was posting a photo from Switzerland during the first week of a planned 6 week cycling trip. I’d bought a new bike, flown business, hired a nice car and was staying in a very beautiful place. I was living the dream and sharing it all on FB. There were many positive comments and life affirming memes. So why did I feel miserable ?

As most readers know I’ve explored a bit and I like to think I’m comfortable traversing the globe. Even in these days of complicated travel I reckon I’m relatively happy navigating foreign lands. So why, one week into the trip of a lifetime, was I on the verge of a breakdown ?

Having never experienced this before I assumed it would pass. Mind over matter and all that positive reinforcement stuff. It got worse. By week two I was having trouble functioning. Calls to home left me in tears and basic tasks took on epic proportions. Ok, this is now really scary ! Pull yourself together Michael, this is silly.

Didn’t work. Rang my doctor. He’s as mystified as I am. Actually seems a little taken back and uncomfortable with my revelations. I guess GPs aren’t used to usually reliable old blokes they’ve known for years going nuts in the blink of an eye. Sounds like an extreme anxiety attack, come see me if you make it home. Thanks.

Couldn’t bring myself to get on the bike and started double guessing everything I’d planned. You know that feeling when you lean back on a chair and just catch yourself? Had that constantly. Imagined many misadventures and convinced myself I needed to get home. In desperation I changed tack, cancelled some plans and had a couple of days off the bike in a little hotel high in the Swiss Alps. No better, gotta get home. Flights changed and back to Geneva to sit tight and wait. 6 weeks had turned into 12 days and I was desperate to be in familiar surroundings.

Managed to navigate car drop off and get to airline check in. Covid vaccination certificate all good but where’s your updated digital travel declaration since you changed your flights? Your government won’t let you back into your country without one. The government App isn’t working and I’m not the only Aussie looking like missing the flight. Now I’m in full melt down. Call home. Now I’ve got the managing director in tears and make no mistake, that’s quite an achievement! My IT savvy daughter in law Tayla watches a tutorial You Tube clip in the middle of the night and gets me sorted. Talk about the calm in the eye of the storm, what a woman !!

Despite delays and a deteriorating emotional condition, I manage to make my flight and now I write these reflections from 40,000 feet.

I get home and go see my doctor. “What the hell happened doc ?”. No specific trigger event, no history of problems……nothing. Turns out sometimes there’s no rhyme or reason to this stuff. The most likely explanation is that what I experienced was a culmination of apparently minor stress events resulting in a pretty scary mental health episode. My doctor tells me that recognising what’s happened and being open to help is the key to managing how your head works. Turns out to be excellent advice and I’m soon back to my normal grumpy and paranoid self.

What have I learned ? Alcohol doesn’t fix everything but it sure helps….. no, not really. Never tell someone to snap out of it when they are feeling down, it ain’t that easy. Never take all the happy snaps on social media at face value, life’s not like that. Never assume that past experience is a marker of future emotional responses, surprises await. Never underestimate the impact of simply being homesick, there’s no place like home and family. Recognise anxiety for what it is and seek help.

But, most important of all..….never ever travel again without the managing director!

This episode has reinforced something I’ve always suspected and written about previously. For many people a holiday is a way to release the pressure cooker that is life in today’s world. For most people it’s a positive experience but accommodation providers need to appreciate that some guests will arrive stressed out of their minds. Appreciating this and having processes that don’t add to that stress seems a great guest wellness strategy and one that I am sure will be rewarded by repeat bookings.

BTW…I have thought long and hard about publishing this as it may have a negative impact on how clients perceive our business. We love our clients and more importantly we trust them. Honesty is everything. If I can fess up that sometimes your head plays up, so can you.

Mike Phipps | Director | Mike Phipps Finance

“It’s the End of the World as We Know It (And I Feel Fine)”
R.E.M., 1987

It has come to my attention dear readers that my most popular missives involve tales of travel and preferably unfortunate events befalling me. So, at great personal sacrifice and to get the inspirational juices flowing I have taken myself off to Switzerland. Well, Switzerland, Italy and France to be precise. That my departure from Australia’s fair shores has coincided with our new prime minister realizing he’s inherited one very poisonous chalice brings me no joy. I guess I can take heart from the miracle of internet news which allows me to monitor Anthony and friends as the terrible truth sets in. Yes indeed, the world has turned to crap and what better place to watch the end of times as we know them than on some magnificent lake in a far off land.

To be fair I have not travelled halfway ‘round the world to escape the political chaos at home. I’ve come here to access reliable power. No, just kidding, I’ve come to ride a push bike and hopefully catch a glimpse of the Tour De France. The managing director has failed to accompany me, suggesting that my departure will bring joy, relief and a significant drop in her stress levels. You see, this trip is a bit of a spur of the moment thing and I managed to have a near nervous breakdown trying to identify and mitigate every possible contingency. Checking, rechecking, double guessing………..you get the picture. Those who know me will understand. Hell, some of my clients even like that obsessive part of my personality.

Anyway, if you’ve never organised flights, hire cars, itineraries, bicycle shipping, insurance and accommodation for such an adventure it turns out there’s a bit that could go wrong. To my infinite relief, so far nothing has! Emirates were on time and great to travel with, the bike turned up with me in Geneva and to my surprise and delight fitted in the hire car. That was after the wonderful people at Europcar let me swap my booked vehicle for something a bit bigger, and at no cost. Legends!

First stop a small village in the Swiss alps. I won’t name it as there are a few Aussies living there and I don’t want to offend anyone. I’ve booked directly with the accommodation house and turn up mid-afternoon. Sorry, check in at 4pm. Oh, and checkout between 8am and 10am. Ok, where do I park? Well, you can drop your gear here and then head down to the carpark. Now, when one is any place with “alps” in its title, “head down” is never good. Turns out the car park is half a km from the hotel and it’s a 5% grade uphill walk in 32 degree heat back to the room. Get all the stuff out of the car and discover the room is down at the bottom of the other side of the joint with a 5% downhill walk on a very very ordinary path. I’m not sure if any of you have had a large suitcase and a bike box on wheels gather momentum in an alpine environment but it’s quite the thing to witness. At the bottom of the path is a chairlift operating summer sightseeing. It is indeed a miracle that said suitcase, bike box and finance broker managed to avoid landing on one the chairs and being whisked to the top of some god forsaken mountain.

I manage to steer my cargo to the door and step inside. This is a $400 AUD per night room. That’s what you gotta pay in this part of the world and I had been expecting something around 4 stars. Talk about basic! Nice view but basic. Seems like some Australian locations are not the only places trading off the view and letting upgrades and guest focus slip.

BTW, for your money you get to turn the fridge on when you get there, sleep on a foam bed with no top sheet, enjoy zero fans or air conditioning, take out all rubbish before departure and enjoy the buzz of insects as the place is sans screens. Just to top things off the valley road up to this little slice of heaven is a 10% grade and very challenging for an old bloke who had used the miracle of gravity to ride further than he should have!

I’m now in Isteltwald on the lake at Interlaken where my lodgings are greatly improved. In fact, the place is a Swiss version of strata titled management rights and it’s wonderful. In a bizarre twist that could only happen in these strange days a Korean Netflix reality show is based here. As such the place is full of Korean Instagram enthusiasts who queue up at a certain pier to have their photos taken. Most are very easy on the eye so no harm, no foul. However, today they were disrupted by a fat old Aussie guy diving off said pier, an event which seemed to bring shock and delight in equal measure.

Which leads me inevitably to the title of this month’s message. Plenty of shocks and not much delight unfortunately. I’ve been accused of being negative by some and conservative by many. I take the critique on the chin because it’s pretty accurate. We have suggested for some time that a perfect storm of uncosted environmental activism, minority side issue focus, lack of personal responsibility and fiscal illiteracy was brewing. We suggested that worthless “assets” such as Bitcoin were no more than speculative Ponzi schemes and that some asset classes were overvalued. We’ve even suggested that it is economic suicide to place too much power in the hands of foreign suppliers while abandoning manufacturing and raw material value adding. We’ve made it clear that low interest rates don’t last forever and we’ve counselled our clients about paying down debt.

All the storm needed was a bit of turbo charging. We got that thanks to the inevitable outcome of printing so much money during Covid, falling out with our Chinese friends and the also sadly inevitable Russian aggression in Ukraine. Now we’ve got scarcity driven inflation, the collapse of digital currency values, the possibility of power outages and a reserve bank that’s not quite in panic mode, but it’s close. The one positive I see in all of this is the so-called great reset. It had to happen, bubbles can’t keep growing, they have to blow up at some point. Hopefully the reset will include better economic management from governments, particularly when costing “feel good” projects.

I suspect once our new Labour government fully grasps the gravity of the situation, we may actually see responsible policy as the new agenda. It’s a hell of lot harder to be on the ground than to boo from the stands and so far it looks like the new team may be coming to that conclusion. No bad thing.

In closing, despite a world of fiscal and societal uncertainty I’m not fixing rates on any of my debt facilities and I’m pretty comfy with my management rights investments. My share portfolio is a train wreck, but they are good companies and will be valued as such in the future. Paper losses are just that, no need to crystallise them. Should things change my creditors can contact me in whatever foreign land I run to. The managing director has the details and if she says I’m dead demand to see the body. I think it’s called Doing a Skase. If you get that reference, you’ve lived through all this before.

Mike Phipps | Director | Mike Phipps Finance

“It’s the vibe of it. It’s the constitution. It’s Mabo. It’s justice. It’s law. It’s the vibe and ah, no, that’s it. It’s the vibe. I rest my case”

Dennis Denuto, Lawyer for the embattled Kerrigan family.
The Castle, 1997 Australian Movie Classic.

By the time you read this, dear comrades, we will either have the same government we have today, a new majority labour government or, God help us, a coalition of the mad, the bad, the misguided and the plain crazy. However, the numbers fall we can be sure of one inescapable truth, we live in a world where facts no longer matter and the vibe holds sway.

Don’t believe me? Here’s a simple example.

Recently I had the pleasure of travelling on a domestic aircraft. A Boeing 737 800 in fact. The pre-flight check in included a request to remain at least 1.5 metres from other passengers while boarding. Seems reasonable in these days of Covid hysteria. The message even has the right vibe, you might say. Anyway, let’s set aside the obvious problem of being squeezed cheek to jowl once seated and concentrate on the 1.5 metre request. The aircraft has 162 economy seats and 12 business seats. That’s a maximum of 174 passengers with each requested to remain 1.5 metres from the next. The simple maths suggests that in spite of the vibe we’ll need 261 metres if the plane is full and we comply with the social distance rule. According to Boeing the 737 is about 40 metres long of which the cabin is about 25 metres. You see the problem. While the vibe is great the maths doesn’t work. In fact, to maintain 1.5 metres in the aisle of a domestic airliner you would need to reduce maximum passenger to a point where the airline would simply go broke.

And that’s my worry. The vibe in much of public debate now takes precedent over fact-based discourse and no one seems to be checking the maths. Take inflation as another example. We predicted some time back that excessive money printing combined with supply chain disruption would ultimately put upward pressure on prices, and so it has come to pass. Setting aside a slight feeling of self-validation that I finally got a prediction right, this is good news for no one. Incredibly the response from some politicians has been to suggest wages need to keep pace with inflation. Ok, seems fair, cost of living going up, lets help working families, it’s the vibe. Again, the maths suggest otherwise. If it is true that inflation is a product of too much money chasing too few goods then one might quite rightly suspect that increasing wages, of itself, is akin to poring fuel on an already raging fire. Increased wages are not going to magically fix supply chain issues, sort out our ongoing blue with China or improve productivity.

More concerning, increases will reduce business profitability with a certain knock-on impact for business investment. These assertions can be costed and tested mathematically but no one seems to care. With businesses struggling to get back on their feet after Covid I believe all we need is a wages blow out to send us into recession. In fact, there are signs that it may already be too late.

To make matters worse I believe we now live in a country where the tough decisions are avoided and the popular vibe rules. Take the NDIS. No one with a heart would suggest that we should not look after our most vulnerable and challenged. However, with systemic rorting and cost blow outs expected to exceed $60B by 2030 (and dwarf Medicare spending) no one with access to a calculator could suggest that the scheme, in its current form, is sustainable. The maths doesn’t work but don’t hold your breath waiting for a politician to call it. The only way to fund such a scheme is increased taxes or print more money, maybe a magical combination of the two. In a perfect world we could fund all the initiatives that improve people’s lives. Sadly, the maths doesn’t work.

I cling to hope that a political saviour with the guts and vision to call things as they are will emerge from the swamp, but I’m not holding my breath. Here’s a few things to consider while we wait.

Interest rates are going up. How far, who knows. If you believe the CEO of our largest bank (yes, a stretch I know) the cash rate will hit 1.35% later this year before levelling off at 1.60% mid-way through next year. To put that in perspective the cash rate prior to the last RBA board meeting was .1% (thank you Anthony, you may put your hand down now) and now stands at .35%. CBA argue that rate rises within the range they expect will cool demand and put the inflation genie back in the bottle. I think they may be right. I’ve got a vibe.

The property market is correcting. How corrected, who knows. What we do know for sure is that politicians want to get involved in home ownership. Some would have the government (taxpayers) do a joint venture in first home ownership while others would allow access to super. Make no mistake, the access super option also involves taxpayers. Less super at retirement = more reliance on taxpayer funded pensions. Of course, if house prices rise substantially over the working life of the first home buyer and that buyer downsizes into retirement the whole thing just might work without imposing on the long suffering taxpayer. Sounds a bit like government sponsored speculation or is it just the vibe?

Mortgage defaults will explode. How big an explosion? Well actually, not very big at all. Australian borrowers do something that very few other borrowers do worldwide. They pay off debt faster than the credit contract says, and they build up advance payments for a rainy day. So far as statistics tell us only Canada has a similar borrower profile. In fact, new research from the Australian Prudential Regulation Authority (APRA), released recently, shows that Australian mortgage holders are on average 45 months ahead on their repayments. This is up from 32 months recorded prior to the pandemic.

Investment decisions will be more critical than ever. How critical? Very! Here’s where I caution you not to rely on anything I say and to seek appropriate professional advice.

I’m not a financial advisor, just a simple bloke who’s made and lost a few bob punting on various get rich quick schemes. It’s probably important to make one underlying confession from the get go. Most of the investments I’ve made over the years that relied on lots of analysis and many spreadsheets have performed modestly, while those decisions made more from a fundamental understanding of the asset, some emotion and the vibe have done significantly better. The lesson I’ve learned is that the more analysis required the less likely the investor has an understanding of the opportunity and asset class. So, if you’ve got a few dollars sloshing around in these troubled times might I suggest looking at asset classes you know or industries you can study and understand pretty easily. It’s really important to know enough to sort the fact from the fiction. As an example, I know a bit about finance and economics but bugger all about anything else. What amazes me is that when I read commentary and research in the press from so called finance experts a lot of it is simply not accurate. For example, a senior economist at one the major banks talked about fixed rate expiry refinance risk recently. Thing is, if you’ve got a 25 year home loan and you come off a fixed rate after the first 3 years there is no refinance risk. You simply convert to variable or take another fixed rate option. This is not a refinance and to suggest to mortgage holders that they have such a risk is either reckless or, at best, careless.

Bottom line. Do your research, make sure the maths works but don’t ignore the vibe.

Mike Phipps | Director | Mike Phipps Finance

There’s a bloke in France working on an idea to use commercial passenger jet cargo space for paying guests. Apparently if the idea works, passengers will get some sort of view from a converted loading door and the space will be designated as premium. As cargo bays are pressurised there’s plenty of oxygen so all that needs doing in order to be comfy is some form of temperature control. Cargo bays get a bit cold and moist at 30,000 feet I’m told.

I had cause to reflect on all of this previously useless information recently, we’ll get to that !

This year marks an important milestone in the life of the managing director. I am not permitted to state the number under pain of death, but lets just say it’s a big O year. It will come as no surprise to learn that I have been left in no doubt as to the importance of the occasion and the need to mark the event with many diamonds and a few days stay in some luxurious location. Apparently love will keep us together, but only if accompanied by some form of material appreciation.

Hamilton Island in the Whitsundays is a nice spot. Long favoured by sailors, holiday makers and international men of mystery, it’s a top spot to unwind and relax, albeit a very challenging place to run a resort. The weather is unpredictable, cyclones regularly ravage the place and maintaining quality staff has got to be difficult. Covid hasn’t helped or so we are told. The MD is very fond of the place and in particular Qualia on the north western side of the island. I book a few nights and calculate that if I work until I’m 98 I’ll get the credit card cleared. We fly from Brisbane with Virgin and have a great experience. Hassle free check in, nice lounge, nice staff and smooth flight. The last 10 minutes over the water coming in to what looks like a way too short runway are quite exhilarating. I wonder how often the planes have to go around for a second attempt ?! There’s a young fella on board having his 4th birthday and once we are stationary he gets an invite to go up front and check out the flight deck. Made my day.

We are collected by the resort shuttle and delivered to check in. The sneaky buggers who run the resort meet us at reception with champagne and the sort of smiles people who know they’ve got you tend to exhibit. A relaxed and very happy vibe ensues before we are tipped into our golf buggy and pointed in the direction of our villa. To our delight we are allocated the exact room I had asked for when explaining the importance of the occasion to the reservations staff. Our luggage is already in situ and a bottle of the aforementioned champers is on ice. Of course, it’s addictive and having got a taste we can’t help ourselves. The subsequent grand reveal of the price per bottle caused what felt like a momentary stroke, but what can you do ? I’ll tell what you do ! A frantic drive to the bottle shop next morning to purchase a replacement at half the price before housekeeping turn up is what you do !

But I digress. Let’s get unpacked and settle in. I open my suitcase to be confronted by what appears at first assessment to be the aftermath of having smuggled a small animal with bowel issues in my case. Given that I have packed for an island holiday, and am a complete wanker, there are many white linen items, mostly now caked or flecked with a brown, sticky substance. It was at this point that my recently acquired knowledge of passenger jet cargo holds collided with my desire to carry my own preferred brand of instant coffee. Yep, the lid had come off the coffee bottle mid-flight. What a mess ! We salvaged what we could and sent the rest off to be laundered.

Of course, the suitcase remained full of coffee granules which needed to be tipped out. No problem, we have a deck overlooking the water, I’ll just tip the case upside down and all will be well. I’m not sure what came next, the MD cautioning me to check the case or the sight of the contents of unzipped compartments falling into the bush far below. The recovery mission seemed to provide amusement for those who witnessed it, but by then I’d lost my sense of humour

Perhaps it was the series of unfortunate events, maybe the biblical rain but I found myself in a reflective mood. What struck me most profoundly was the lack of Covid excuses exhibited by our chosen airline and our accommodation provider. If recent press reports are anything to go by the Virgin cabin crew have every reason to be less than content and yet they exhibited professionalism, good humour and a touch of the spirit so valued by their founder. It would be easy for an airline to hide behind recent financial troubles and Covid impacts as excuses for a poor customer experience. They didn’t !

Likewise, the experience on Hamilton Island. The resort has been well maintained and to our surprise plenty of competent staff, many from foreign lands. We are told that the destination is very popular with visitors from Melbourne and Sydney and forward booking demand is strong. If management are facing supply chain, trades and staffing challenges they are doing a great job of shielding guests from any negative experience.

It seems to me that Covid has certainly presented challenges, particularly for tourism and hospitality operators. The catch cry “due to Covid” has become code for “get ready for a bad experience” , admittedly in some cases fully justified. However, our experience on this short break suggests that well managed leisure oriented businesses are in robust good health. May they long continue.

Mike Phipps F Fin
Director | Phippsfin Pty Ltd

Airports make me both excited and anxious. The allure of distant lands is tempered by how much can go wrong. So many documents to lose. So many stern, uniformed and occasionally armed persons of limited humour. Sniffer dogs with a dislike for finance brokers. And that was before the Covid era where every step is fraught with the possibility of detention, isolation, fines or other deprivations. This has been my recurring nightmare since arriving in Canada. What has yet to go wrong, and will I get home? More on that later.

Whistler is a pretty little village about 2 hours out of Vancouver. Reminds me a bit of Byron Bay or Noosa with the beaches and surf replaced with mountains and snow. The good people of Whistler, or probably the owners of the ski fields, have long ago moved away from the one trick pony that is the ski season. I’m told that mountain biking in summer is just as popular which is evidenced by the number of dual-purpose ski and bike hire outlets. Seems to be a model of demand drive diversification well suited to the local geography. I don’t think it hurts that snow sport and cycling enthusiasts share a similar demographic which appears well understood by local accommodation operators.

I stayed at a large internationally branded hotel of, how shall I put this, up market reputation. Unfortunately, elements of the experience suggested a textbook case of management never spending a night in their rooms. A kitchen so poorly ventilated that by the end of my stay I was on first name terms with the fire alarm dude. I’m guessing that by providing very very limited cooking equipment the proprietors never envisaged someone actually cooking in the extravagantly promoted self contained suite. We finally solved the problem by having the restaurant provide some decent cutlery and the staff installing a pedestal fan which worked well in dissipating the cooking fumes.

Of course, free reliable Wi Fi is a given in this day and age. Pity this essential guest service at the big H was at best dodgy and at worst non-existent. On the few occasions that I decided to visit the front desk and complain I realised that I had joined a queue of similarly disgruntled guests. The hotels response was to provide the number of an IT company who might be able to help. This seems to me to be akin to giving a guest a plumber’s number if the toilet doesn’t flush or the hot water doesn’t work. Not a good look.

It does strike me that on some occasions places of breathtaking natural beauty seem to be at risk of product blindness. There’s almost an inverse dynamic at play where accommodation providers believe that sub standard experiences are somehow counter balanced by the sheer magnificent of the location. I suspect this might have worked back in the day but not in today’s world.

On the positive side, and these are the important features, great housekeeping, a very comfy bed, wide variety of pillows and a hot and reliable shower. Mostly really helpful staff and very cold beer in the bar. Oh, and the hotel was dog friendly and yes, that added a very cool vibe to reception when guests were checking in. I find great happiness in seeing a beautiful Labrador on it’s hind legs and paws on the concierge desk while it’s owners are checking in. I think the only one’s looking happier were the staff and the kids who patted the dog.

Anyway, having familiarized myself with my lodgings I set off to hire some skis. The Aussie in the hotel ski shop took me aside, explained in hushed tones that they were the dearest in town, and gave me directions to a little out of the way hire business. Half the price and good gear. My Aussie friend was not doing the boss any favours but he sure made my day !

The ensuing 2 weeks were spent in a combination of snow induced bliss, old fat guy exhaustion and, I am ashamed to confess, a couple of world class hangovers. If you have ever indulged in a few too many reds in a very warm and cozy bar and then stepped out into -8 weather I am sure you will sympathise. All the while the same thought ticked away in the back of my head. Will I get home ?

As luck would have it, Whistler has many Covid testing stations designed specifically for the international traveller. You book online, pay a pretty exorbitant fee, and turn up at your designated time. The test result is available within 15 minutes. I booked early and said a silent prayer to whatever deity controls Covid results. Turns out the prayer worked, and it was all smooth sailing back to Oz. Our national carrier does a nice job and at least they are not going broke every 5 minutes and cancelling flights to places we have credits for. While the name suggests this is the first dance I suspect not !

On the flight home, during which much of this was written, I experienced an interesting emotion the likes of which I’ve not encountered before. Exhilaration, relief, sadness, ……….. not sure #. What I do know is that travel is one of the greatest experiences we can have. Restricting the opportunity to have that experience seems to have changed to way I think about getting away. The joy of going somewhere different and experiencing other countries seems to have come into really sharp focus in the Covid era and I suspect we will take a long time to get back to taking travel for granted. Maybe that’s a good thing.

# I tell a lie. I have felt these emotions before. It was when the managing director found out I’d bought a motor bike. All of the above plus fear. A lot of fear !

Mike Phipps | Director | Mike Phipps Finance