Blog posts tagged in Investing
The risk of not being diversified.
What’s your financial backup plan? Whether in life or for investing there are risks if you aren’t truly diversified. It correlates to having all your eggs in the one basket. We could be talking about what happens to the household if the main breadwinner stops bringing home the money. What if the one that earns all the income to pay for the family’s monthly bills, suddenly becomes ill or injured and cannot work? What happens then?
Being different, being unique is great. We have been brought up differently, had our own experiences, and some of us had an education in handling money and some have not. Our parents may have been role
This asset class is here to stay. Fear can hold us back, stopping us from trying something new. Are you letting fear of the unknown stop you investing in Cryptocurrencies? What are we afraid of? Are we afraid of looking silly, of not getting it right, of losing money or of failing? Bob Proctor says that failing
Tim Klingner is benefiting fom starting his investing journey young.
We all hear the stories of people ending up in a financial mess and wished they had paid attention to their finances when younger. If I had started saving at a young age then when I retired I would be a millionaire. I would not have this worry of whether I would have enough money to last me thirty years in
Christopher Calandra CFP shares his 3 steps to Secure Financial Freedom
We spend more time planning the family vacation than we do our financial future. That's a pretty bold statement. I personally think it is shocking but it is true which is why Christopher Calandra, a certified financial planner, made it during our interview for today's show.
Do you dream to create ‘mail box’ money? This is where money shows up either when you open the letter box and there is another cheque to bank or electronically in our bank account on a regular basis. How sweet is that? To be able to have that passive income coming in each month or each quarter where
Recently I had a deep dive into the Oil & Gas sector. I have been intrigued with posts on Instagram from the Incremental Oil & Gas Company and decided to connect. Who better to find out about an industry than from a CFO of the company working in that sector?
This is a story about how a gift of shares can create a domino effect.
I came across a story recently that piqued my interest. Ben Clendon, now in his 30’s is actively building a share portfolio for the future. His story however, began when at five years old, Ben’s father bought him some shares. That action had a domino effect. It made Ben curious, and that in turn created an awareness of shares and the stock market, and that developed into a career.
Left a widow in 2009 I had to jump in at the deep end. We had bought an investment property and had renovated a couple of houses that we flipped with a little success but that was the sum total of my knowledge. I couldn’t afford to stay a novice. I consulted financial planners, stock brokers and I started looking through the newspapers and goggling information available locally. I also signed up to attend seminars, forums, industry workshops put on by government agencies, financial planning groups and organizations. I went to free ones and I went to paid ones. I was on a mission to find out as much as possible.
Hi everyone, it’s Ann here again. Today I have something a little different for you to think about. Investing and passive are not words you would normally think go together. This podcast however, an interview with Amy Kirsch, will give insight into becoming a passive real estate investor, and introduce you to Realty Shares, the online crowdfunding platform. Still puzzled as to what this is really all about?
Do you have a financial advisor? How comfortable are you with investing? Have you ever looked at your managed funds statements and wondered what all those fees are for? There is another way to look at investing and that is to take control yourself.
What does your retirement number look like? For some people the number that springs to mind is 60 or 65 years old. However there is another number that is more important than the age number. It’s the amount of passive income that is needed to come in each month in order to live on.
To be happy in retirement is a dream for all of us. We are all living longer so the years spent in retirement are growing. The challenge is to be able to accumulate the nest egg that will generate enough income to be to enjoy this life.
Importance of Seeking Financial Advice
Many successful investors consider the financial advisors as their primary source of financial information. Women are slightly more likely to seek financial advice than men. It is true that, many individuals need help on many steps to implement a necessary financial plan for retirement goals. The earlier you seek financial advice in preparation for retirement, the better. As a youth, you should ask yourself;
When my SMSF (Self Managed Superannuation Fund) was established my advisor at the time, Heath Hill, advised me to have my funds allocated between Australian Shares that paid a dividend and cash. As I already owned property it was decided I did not need any more in my super fund. After a few years of attending seminars and