Most people have good intentions to save what is left of their income after paying necessary expenses. The problem is that there are many ways to spend your monthly paycheck that can result in not having much money left to save. So what do people mean when they say, “pay yourself first”?
Being a better investor is not determined by portfolio size or by always investing in the latest “hot” stock. To become a better investor, you need an investment plan and the discipline to stick to that plan.
But there is more you can do. Our eight tips below will help you become a better investor.
One thing we can be certain of in life is that change happens. Sound financial planning involves understanding the basic financial considerations arising from each of these major life events, whether expected or unplanned. This article highlights 5 of these life events and how they can impact your financial situation and financial plan.
Passive income, that which comes in whilst you are not doing anything, can be a great way to help you generate additional cash flow for philanthropic purposes. What if you can have money flowing in continuously to be used for philanthropic causes, while keeping your initial invested capital in the stock market for capital preservation and potential capital appreciation? Read this article to learn how this can be attained through a dividend-paying portfolio, Bloom Investment Counsel Inc.’s specialty.
There are stringent rules within the investment industry known as KYC (Know Your Client) regulations which lay out the information an Investment/Portfolio Manager needs to gather to be able to choose the most suitable investment products and services for each individual client.
But there are no such regulations specifying what clients should know about their Investment/Portfolio Managers. The onus is on you or your designated financial fiduciary to Know Your Manager (KYM).
In this article, we provide an essential KYM checklist to find the Investment/Portfolio Manager best suited to your needs and objectives.