Humphrey asked:


I’m trying to put as much as I can into my investments but I have limited income. That’s the only bad thing and it’s no where close even half of a million dollars. LOL It’s awful but it’s the truth. However, I’m not going to let that discourage me. I’m trying to get there in 10 years however to the latest amount of time. Any strategies? I already know about compound interest investing through dividend stocks. But anymore strategies to get me there quicker?

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Ryan Crown asked:


 

Financial Planning on the other hand is on a larger scale and includes everything from investment planning, savings, expenditure to paying of debts and bills. Here what you plan affects you other areas of financial concerns.

 

 

 

 

On a general man to man basis Financial Planning is of more importance when compared to investment planning. If a man fails to save money, then where is he going to make the investment from? It is here that the need to emphasize on a strong financial plan comes to play. Financial planning is on a larger scale compared to Investment planning. Where investment planning is individual oriented, financial planning takes into account the needs of the individual and family. Financial planning is the process of assessing the financial goals of an individual at different junctures of his life. It takes into account all assets and investments that he already has and what others he may require to achieve his financial goals in the near future. The prime objective here is to ensure that the required amount of money is there with him at the time of an investment, thereby enabling him to meet his personal goals. This is how financial planning and investment planning relate to each other. Coming to the investment part, security along with profit is a big question?

Any investment depicts a clear picture of your current financial situation. Bifurcate your investments amongst various assets to reduce the risk factor. Asset Allocation is the best way to ensure that a particular investment made is a success. Monitoring your investment to maintain the allocation with your financial goals makes the investment tax efficient.

 

Following are certain points as to how one can better their investment and financial planning:

 

Investment Planning:

 

 

 

1) Create a Budget for Monthly Expenses: This enables you to get a clear picture as to where your expenses lie and how much unnecessary expenditure you could curtail to save a decent percentage of your income.

 

2) Paying of Debts: Once you clear of your debts, a certain amount of your expenditure is saved. This can be used for investment purposes.

 

3) Emergency Savings: Emergencies do arrive unannounced. One has to ensure that a

certain amount is kept aside to meet these situations. These funds should be invested or

kept aside to meet these situations. These funds should be invested or kept aside in

investments that can be accessed anytime you need cash.

 

4) Investing in Long term Assets: Investing in long term Assets is a good decision. Purchasing a house is considered to be a good investment as payments towards interest and real estate taxes are tax deductible. Secondly the value of property increases with time. Other then this investing wisely in Mutual Funds, stocks and insurance will provide you with a good return on your investment.

 

 

Financial Planning:

 

1) Using a monthly spending plan or budget to keep finances on track

2) Making decisions about the job and its benefits

3) Getting the most out of other financial resources, including insurance and employer provided benefits.

4) Saving and investing money

5) Controlling expenses and staying out of debt.

6) Planning for estate transfer.

 

Generally people enlist the services of a financial planner prior to making any major investments. A financial planner is a professional who helps people deal with various personal financial issues through proper planning, which includes cash flow management, education planning, retirement planning, investment planning, risk management and insurance planning, tax planning, estate planning and business succession planning. While dealing with Mutual Fund Investments they are called “Fund Managers” and it is them who determine the performance of a fund. Investment and financial planning if made wisely definitely guarantees you security and long term financial gains and keeps you financially independent through out your life.



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hannah asked:


can you give me 2 advantages of investing in a post office,desposit acount and a credit union?I need 6 different reasons

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johannkolaasjunior asked:


im a young adult and id like to start investing so as i grow older i can have somewhat of a profit.
I need an idea in what would be good to invest in.

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Tonya asked:


I want to start investing in the stock market now that I’m still young. What would you suggest that is easy for a teenager to understand.

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Kevin S asked:


It seems that investing is the key to class mobility. With a simple retirement account and even limited knowledge of the stock market and other investment vehicles, one can easily go from lower to middle class, middle to upper, and the rich can stay rich forever. So my question is: why isn’t this information standardly taught in schools, and are there any places where it is? What would be the deterrent to such a class - higher earnings and inflation?

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PARMAR12 asked:


Property investment seminars to sell commercial properties can offer secure long-term income streams and steady capital growth: it can help you diversify your property investment portfolio from residential property, shares and bonds. By attending property investment seminars, property buyers get a way to connect with other people who may be able to put you on to a good property investment deal or who may be able to help you when the time comes to purchase your commercial investment property. Property investment seminars include commercial property solicitors, residential properties and finance brokers etc. After opting investment property from property investment seminars is sure to do some thorough investigation which includes a detailed look at the lease agreement and checks on the property itself.

Learn from property investment seminars

A property investment seminar is all about property investments only. Their are various advantageous of participating in property investment seminars. Such as:

- To learn reliable and precious information on investment properties from property investment seminars

- Property investment seminars are free of cost

- property investment seminars will provide property information on numerous property issues e.g. real estate marketplace, property investments, tax laws, property appreciation or depreciation.

- Property investment seminars will teach you to how to get pre-approved, what type of low-down loan product to choose, and finding the cheap houses in UK.

- Property investment seminars is the best place to find new business associates or even possible customers for your rental properties.

Property investment seminars are conducted by property professionals who are specialized university lecturers, or property investment managers that will lead the property investment seminars and share with you their experience. Property investment seminars are attended by popular persons that have experience in this domain and who come to share with others property investors - some of their secrets. So, property investment seminars will be held by property specialists and you will have plenty to learn from it if you are a beginner in this industry. You will have a great experience in property investment by attending these property investment seminars.

In property investment seminars property owners get potential customers and real estate investors who themselves are searching the network and create new business deals for healthy capital growth. Before going inside do research on the property investment seminar companies will also help you weed out poor quality presenters and many times you’ll discover that the speakers have relationships with property development firms.



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Jay A asked:


I am looking to invest, but have not made up my mind on what to invest in? any serious ideas?

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Staci asked:


I want to know where to start a college fund for small child, and also just investing money.

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Mika Hamilton asked:


ut information to begin your investment life you should have a good understanding of why you are investing. Do not invest just because somebody told you start investing. The why is often more important than the how. The reasons behind your investment decisions will give you the motivation and the clarity to make your decisions wisely.

So lets assume you have the reasons for your investment decisions. Next you need to to look for information that will tell you how to invest.

If you are investing for the longer term you are most likely looking at property investments or a superannuation fund. . The investments will require research. Some people often enter blindly into these investments without much consideration for the long term outcomes.

Consider The Outcomes

Consider the outcome you wish to achieve for your long term investment and plan backward to achieve it. This is done by looking a compounding growth factoring and allowances for fees and charges and expenses along the way. This way, you will have a good understand each year of just how your investment is performing against your calculated expectations.

Look to real estate agents for information on costs related to council rates, body corporate fees, and other ongoing maintenance fees. Look to builders for costs associated with repairs, maintenance, and structural improvements that will be needed over the longer term. Look to financial planners for ongoing fees, interest rates and any extra charges that may occur over the longer term. Contact and talk to your accountant for calculations on taxation matters and the best way to structure your investments.

Education Can Cost

Finally learn as much as you can about your investment. Attend seminars. These hold a wealth of information and people who are like minded in their approach to investing. Ask questions relevant to your investment decision, and gather further sources of information from the seminar providers and people attending the seminars.

Don’t be afraid to invest some money in learning more about your investment decision. Often information and knowledge will cost. All schools are setup and operate on this basis. The cost of education can be far less than the cost of the mistakes made in making the wrong investment choices.

Invest With Confidence

You will know when you are ready to invest for the long term because you will feel confident in your decision when you do invest. You will have the relevant knowledge and information to act confidently. Your plan will fall into place and you will be able to measure your results as your investments age. Should your investments not be performing as well as expected, you will be ready to act will alternate plans and actions based on your previous and current research. Corrective action will come easily and effortlessly.



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