September 4, 2016

The Nine Types of Investment Risk

In this article we are going to discuss about “The Nine Types of Investment Risk”. I remember when I first heard the word ‘investment’.  It was like hearing a new language.  People talking about portfolio’s, diversification, and volatility just did not fit into my understanding. Then I heard the word ‘Risk’.  As a teen, my mind went to the board game and the fun the game provided.  Unfortunately, many people today don’t understand this word.  Perhaps like me, the word ‘risk’ means something totally different than an investor would intend. If you are thinking about starting an investment account, it is very important that you have a critical understanding of the various risks involve so you will able to manage your emotions effectively. The an old adage says; the higher the risk, the higher the return. While this may not always be the exact case, as a general rule, the more risk you take the better the expected return. Risk can, therefore, be defined as the possibility of injury or loss specifically when you make investments. It can also be referred to as the possibility of loss. In this post, we are going to look at 9 types of investment risk. The […]
August 11, 2016
How to pick a Financial Planner

How to Hire a Good Financial Planner

Finding financial experts these days can seem easier than slicing bread. A simple Google search will turn up everything from a virtual advisor to a planner in a brick and mortar store. You can cross state lines or settle for the guy down the street. No matter who you choose to work with, there are a few important traits you’ll want to look for when you hire a good financial planner. They Know Their Clients You may be thinking as long as they know finances that is all that matters to me. However, that couldn’t be further from the truth. Most investment people will likely have no problem when it comes to knowing how to deal with money, but if they don’t know the person they’re working with the relationship could be one-sided. You may spend more time frustrated by what your investments are or are not bringing in than having a relaxing evening with your family. When an advisor knows you, they know your hobbies, your passions, your motivations. I know what drives each and every one of my clients. If the markets are spiraling on a given day, I know which clients I’ll need to call and reassure. As […]