Single Word Financial Planning Strategy
It is amazing but true. Highly rated consultants rarely go beyond common sense. Complex problems require only the simplest of solutions. Differences between views are often shallow. These concepts apply to the 2008 stock market.
Regulators, brokers, executives, and analysts say new things every working day. Television anchors struggle to keep pace with breaking events. Every stock exchange is in turmoil. Contradictions abound. Even veterans are confused. However, the truth about financial planning remains incredibly simple.
Invest. That is all there is to it. It makes no sense if you have no surplus cash. There is no financial planning without disposable income. The quandary is where to park savings in a bear market. Investing will suit everyone with income left over after essentials.
Bangladesh has proved that investing helps even the impoverished. That is the core lesson of micro-finance. It is a matter of investing in people and skills. This is not different from buying into manufacturing capacities or brands.
Our focus here is commercial. The social effects of investments are real, but tangential for stock market aims. The message is to keep the money nose to the grindstone. Buy stocks that prepare for better times. Do not lose sight of the future because the present is hazy. There are two key questions to ask. One relates to how much assets can be worth tomorrow. The other should estimate the returns that investments can generate. There is no shortage for applications as suitors for your capital. You can make do with any dimensions.
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