Who Is To Blame? Investor Or Financial Advisor?
When financial plans fail to achieve the financial objectives aimed at, there is normally a lot of blame-laying. Indeed some advisors even get fired along the way. But let us be brutally honest with each other. Who is to blame? The investor or the financial advisor?
It is very difficult to answer this question due to the complexity of the financial planning process. I feel strongly that a general answer will be invalid, and that it is sensible to take each individual case in isolation, as a result of disparity in circumstances.
Adopting A Milllionaire Is Not Enough For You To Be A Millionaire
At one point of time, middle income earners will want to be rich and have their financial freedom day. How they get themselves motivated? Well, they are motivated at how the rich class are spending their money and what luxuries that the rich class have. I personally was motivated by how the rich spend their money on luxuries and wondered how they made it so successful.
However, what most people think about the rich is merely by what luxuries they have and how they are spending their money with all the fine dining and holidays. People will also think that the rich are stingy with their money which of course is a stereotyping statement.
The Benefit Of Insurance (part I)
Insurance exists long time ago where it was first to serve as a protection to the global trader’s goods against loss due to pirate attacks in the sea. The insurance company during that period of time will bear all the losses of the unfortunate traders using the money it has gathered from other participating traders in order to help the unfortunate traders.
The purpose of insurance in a general term is mainly to help the unfortunate one by using some portion of the collected/pooled money to compensate whatever amount of loss to the victim. With this method, many of the unfortunate victims can carry on with their daily lives immediately without having to worry about other financial obligations.
Forex Markets & Its Trading Characteristics
There are a number of reasons why FOREX trading is such a great way of entering the capital markets. Among them we can find it’s easy accessibility thanks to the use of the internet, the fact that currency trading is all commission-free and also the low transaction costs involved.
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