Active Vs Passive Investing: What Might Be Right For You?
There are two broad approaches to investing: Active and Passive. Both aim to make money, but how do they differ? Active investors research and follow companies closely, and buy and sell stocks based on their view of the future. This is a typical approach for professionals or those who can devote a lot of time […]
The Guide To A Good Investment
What You Should Do: Only deal with intermediaries who are licensed and regulated within the jurisdiction where advice is given. Ensure all documentation is clear and explained in detail prior to signing any form of agreement. Always insist on copies of all signed and related paperwork, including application documents, terms of business, clarification of charges, […]
Are Capital Protected Invesments Worth It?
Investments that offer a “capital protection” sounds like a great way for you to protect your investments from tumbling investment markets during the global financial crisis. They claim to give you the ability to enjoy investment returns in the good times while protecting you from losing your money if it all goes pear-shaped. Yes, we […]
Do People Really Need A Financial Advisor?
Imagine this: You’ve hurt yourself and think a bone may be broken – what do you do? The answer should be obvious; you get help from a medical professional who is qualified to treat you. Now imagine this: You’ve decided you want to reach retirement with enough money to live comfortably, without sacrificing the rest […]
Why Are Structured Products So Good Right Now?
In recent weeks there has been a BOOM of investment into Structured Products again (often referred to as Structured Notes). Is it because many people across the world suddenly woke up one morning and decided to change their investment strategy?? Well, YES is the obvious answer! But why did they? In this article I hope […]
Understanding The Time Value of Money
Congratulations!!! You have won a cash prize! You have two payment options: A: Receive $10,000 now OR B: Receive $10,000 in three years Which option would you choose? If you’re like most people, you would choose to receive the $10,000 now. After all, three years is a long time to wait. Why would any rational […]
What is the best age to get Life Insurance?
Life insurance is designed to protect your family and other people who may depend on you for financial support. It pays a death benefit to the beneficiary of the life insurance policy. So, when is the best time to get life insurance? The optimal age for purchasing life insurance is technically right after birth. Life […]
How Age Changes The Way You Think About Money
Did you know that your age partially influences your perception and how you use money? Well, neuroscience today focuses on the brain’s changes as one age from birth to death. For instance, a recent study found out that our brain’s processing speed is quickest at the age of 18 and slowly begins to decline henceforth. It also […]
Can I Afford Not To Have Insurance?
The real purpose of health insurance is not to save your life (just as the purpose of auto insurance is not to reduce your chances of an auto accident). Health insurance–like auto, homeowners and other forms of property insurance–is designed to protect you from financial risk. One obvious risk faced by those who go without […]
Best Advice When You Make Mistakes With Money
Let’s take a quick quiz. Count how many times you answer “yes” to the following questions: Have you ever… Overdrafted your checking account? Forgotten to pay a bill? Spent more than you earned? Acted on bad financial advice? Chosen to spend your money instead of save it? Ignored a financial problem instead of dealing with […]