As you enter adulthood, you will experience many changes and are facing with financial responsibility. You may go to college, start a new career, get married, have children, or move to a new city. These new life situations will affect your financial planning. Your personal values also influence your financial decisions. (more…)
Have you ever used and worked with a financial advisor to manage and arrange your financial goals? If yes, you know that the first thing that he or she told you is for you to understand the important of financial goals. The second thing is to make financial priorities for your financial level development. But if you are depend on yourself for this without the need of financial advisor, you know that goal settings and executing financial plan are two most important steps in financial planning. (more…)
Do you often ask yourself why your savings account does not roll up even a dollar? This is something worried you even you have a good job with nice salary? Or do you think you are always under pressure from creditors to rush to settle your unpaid debts? If your answers to those two questions are yes, then you probably spend too much money. What this means is that you spend more than you earn and it is not good for your financial planning. (more…)
You have just completed the necessary step to examine and diagnose your financial planning process. You are now ready for the next step. The concepts and principles of investing discussed in this section may be considered a prescription to aid in the improvement of your financial health. (more…)
Emotional factors tend to assume the topmost rungs of your mind, if you are facing divorce proceedings with your spouse, don’t they? This is perfectly understandable, and other issues, especially those related to divorce-related financial planning generally recede to the background in such situations. Nevertheless, Planning out your finances during, and after, a divorce lawsuit, are of extreme importance, (more…)
Money on the sidelines
Many investors tend to follow a peculiar habit of having most of their money in equities when markets are near top conditions, but having little exposure when markets are at their lows. With the S&P 500 having declined substantially in 2008, there was a huge amount of money waiting on the sidelines. As at 26 November 2008, the U.S. Money Market Fund was increased to US$3.7 trillion, which amounts to 35% of the total U.S. market capitalization. It have since reduced to about 30% today resulting in a sudden surge in worldwide indices and equity prices recently. (more…)