Posts Tagged ‘investment advice’

Know Your Investment Options

Monday, January 12th, 2009

It doesn’t matter if you are going to hire an investment advisor or not. You will need to know about the market and the options you have. This way you will understand things better and perhaps your relationship with your adviser will generate better results.

Most people make the mistake of entrusting their money to a financial adviser thinking that this person will just step in and work wonders with their finances. This is not the case. If you don’t know what is going on in the investment market chances are you wont be able to translate the information about your goals to the adviser. Knowing and being informed is the key here so that you get the most out of your investments. (more…)

What Makes A Good Investment Portfolio

Monday, January 12th, 2009

With so many options out there it is almost impossible for someone who doesn’t have any investment experience to build an investment portfolio. The best thing you can do is to meet with an investment adviser so that they can guide you in the right direction. However, even before you meet with an adviser it is best if you research your options and learn about what’s out there and if it fits your needs. It is also important that you decided a plan of action meaning that you should be aware of what you want to achieve by investing.
(more…)

How To Invest The Right Way

Monday, January 12th, 2009

Investing can be tricky. If you don’t know what you are doing you can easily make a bad decision. With so many investment options it can also seem impossible to select an investment vehicle. Although the idea of accumulating wealth is great it is not always easy to do so. There are many risks out there and if you are considering investing you need to do so in a way that will minimize your risks. Although speaking to an investment advisor about RRSP and RRIF for example,  is something you should consider you need to learn more.

The success of an investment is based on market fluctuation. When prices go up you make money when they go down you loose. It is as simple as that. If someone can tell you that they can predict the market they are not telling the truth. What you need to do is find someone who has done ok when markets go down. It is all about the average. Everyone looses when markets go down but it is all about balancing things out. (more…)

Investment Goal Setting

Monday, January 12th, 2009

When it comes to investing it is very important to set goals. It will increase your chances of success and it will also help you to put things in perspective. You need to set goals and develop a plan to reach those goals. It is very important to ask yourself what you are willing to achieve so that you can take the right steps towards achieving this.

You want to set yourself aside from the investment crows who simply want a good return on their investment. This is great but you also need to consider the when meaning the long run goals. Ask yourself how much do you need for your retirement or how much do you need for your children’s education. You need to also determine the timeframe in other words how much time do you have in your hands to achieve these goals. (more…)

Investing Advice For Beginners

Monday, January 12th, 2009

I know that most of the articles here are directed to people who have some experience in the investor world. I though that it might be a good idea to have some information for those who are beginners in the world of investing and that’s why I have written this article. I know that investing is not a simple matter and that it can be a bit confusing especially for someone who is just starting to consider investing.
(more…)