Today’s Financial Message Just for you, {{ first name | friend}}
Make sure you don’t let your personal biases or preconceived ideas mess with your investment decisions. It’s all too easy to get swayed by emotions or past notions... Continue Reading
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Do You Need a Financial Advisor? 3 Pros and 3 Cons
Becoming a self-taught financial expert can be an exciting thought for some, while others may see this as a daunting task.
However, when it comes to your financial portfolio, there are two options.
You can either manage your portfolio yourself by learning about different strategies and coming up with a plan to reach your goal, or you can hire a financial advisor who takes care of most of these details.
On one side, having a financial advisor can help answer more questions and come up with a safe financial plan.
On the other, managing an account on your own reduces fees and allows you to become more financially literate.
What’s the Rule of 72 & Can it Help You Achieve Your Investment Goals?
One reason why many people lack the patience and discipline required to reap the benefits of long-term investment is that they don’t begin with the end in mind.
Oftentimes, we neglect the long-term way of thinking that should guide our investment decisions and instead, are ready to abandon whatever progress we have made at the slightest hint of a market drawdown or economic recession.
Sometimes, we surrender to the pressures of life and use money that we invested for other purposes to solve some current, pressing needs.
This is why many people have not achieved financial independence and are living paycheck to paycheck.
Today’s Affirmation
Having money is like holding a key to a world of valuable opportunities and exhilarating experiences. It empowers me to engage more in activities... Continue Reading