Investing involves plenty of research, which is why many individuals turn to financial advisors to help them make financial decisions. But not all people who call themselves financial advisors are certified or trained to know the full scope of factors involved with investing or financial planning.
No matter where a person is in life or how much they have in assets, they can probably use the help of a financial advisor to reach their financial goals.
When planned in advance, saving for expensive purchases is pretty easy. A certain amount of money is tucked away each month until it’s time to buy. However, when the timeline is short, trying to come up with the money is sometimes easier said than done. Even with advance planning, saving for a big purchase needs a strategy.
No one plans on having outstanding debt. Unfortunately, even with the best intentions, bad things can happen to good people, leaving them with high credit card debt, student loans and even high-interest personal loans.
In recent years, it is no secret that the TED (Technology, Entertainment, Design) conference organization has provided the world with some of the most compelling and educational lectures on the arts, medicine, business, and science ever made. Here are just a few TED Talks that every financial advisor should watch at least once, and why doing so can be a truly life-changing experience for the better.
Many websites talk about broke college students and skyrocketing student loan debt. While this reality is true for many college and university students, college is the perfect time to start investing.
Investing in real estate offers some advantages over other types of investments, such as stocks, mutual funds, and index funds. In addition to tax incentives, building equity, and the potential of increasing the property value, real estate investing can also provide a larger return on investment.
One of the most important things for any investment portfolio is diversification. Saving with a 401(k) is a great idea, and everyone should try to max theirs out. But taking time to diversify is also important. Once a person has maxed out their retirement account and established emergency fund savings, the next step is to find other avenues of investment. Diversification helps insulate investors against risk.
Apps are revolutionizing the way people invest. Instead of calling a broker, or logging into a banking website, people can now invest right from their phones. It’s never been easier to put money into stocks, cryptocurrency or other investment instruments. Investing has gone from a specialist function to something that anyone can do on their lunch break.
Many people want to expand their financial portfolios by making investment decisions. Investing can be a great way to expand your portfolio, and potentially earn extra money as time goes on. Investing is done when you want to make your money grow faster than it would...