The experts give six recommendations on how to take care of the savings.
1) Analyze your investor profile. Before making any decision, think about the risk you are willing to take.
2) Do not put all the eggs in the same basket, that is, diversify to get the most out of your money and, above all, to minimize the risks.
3) Think about the term you want to invest and for what purpose you want to do it. When you collect the prize, consider what you want to do with it: liquidate your debts. Guarantee you an extra income for the day of your retirement. Maximize your savings thinking about your heirs. Pose these questions and, in addition, analyze the time you can live without touching the prize. Money will help you make the right investment decisions. Continue reading “Six keys to take care of money”
The most recent financial inclusion report evidences the dynamics of savings accounts. According to the Financial, in the country there are 33.7 million abandoned accounts. Despite the fact that last year (2016) the number of these products designed to save reached 62.1 million with an increase of 2.3% against the previous year. Only 28.4 million of them had at least one movement in the last six months. The abandonment by users amounts to 54.2%, says the report.
The abandonment understood as the fees associated with the management of the savings account. The very low returns offered by this alternative. If you consult the application of rates of credit establishments of the Super financier, it observed that for a fee of handling of the card debit. That used for all the operations of payments, withdrawals and the purchases. However, this type of accounts becomes an ally for the savings at this Christmas season. Continue reading “Tips to make your savings account become an investment”
Half of family heads believe that their loved ones could barely move forward. If they suffered, a crippling disease, but only two out of 10 have life or health insurance. The HSBC bank reported Thursday. The three main risks that this population perceives are the loss of employment (45%). The deterioration of the health of a relative or his partner (43%). According to with the survey ‘The power of protection, facing the future’ made to more than 1,000 people and presented by the financial institution on Thursday.
We like to support the family. But we avoid talking to her about the importance of future protection or how to deal with events that can change our lives. One of the best ways to be prepared is to cover you with insurance. Few have it as a priority. According to the survey, 82% of are committed to financially support their families. Two out of 10 say they have had to borrow or withdraw money from their savings to do so. HSBC said in the statement. In the document, he also pointed out that only 23% of respondents feel confident enough financially to be able to help their families. Continue reading “Every family Should have life or health insurance”
Preparation is the key to making the best decisions and to achieve a clear objective in the term proposed (short, medium or long) you need to have a strategy. This works for any type of situation; for example, to achieve the dreamed work, as can be a company manager. The strategy will be to study what will be to the position, have a second language. The dream company and give their best to obtain the position.
This is the same for investments and the main ‘wolves’ of Wall Street (United States). Where the largest financial center in the world is, anticipate what will happen to the markets. With figures in hand, read reports and take the pulse of the economy of the countries where their resources are. That is why the ‘King Midas’ of the capital market like Warren Buffet, Peter Lynch or John Templeton hire the best experts and, based on recommendations, define the fate of their portfolios. Continue reading “In what actions to invest for 2018?”
If your personal finances give you to save money, every month and you have become aware of the need to save for retirement. I will try to help you choose the best pension plan to complement your spending needs in the retirement stage. I will save you long arguments that you probably already know about pension plans. Just let me remind you something. There are fewer and fewer births and young people are quoting for lower wages.
The structure of the population pyramid makes it impossible for the public pension system to sustain itself. You cannot continue trusting dad for retirement status. I’m not telling you to advertise private pension plans. I think it is easy to understand. You need to start saving for retirement as soon as possible, if you do not want to have a bad time when you are an elder. Continue reading “What is the best pension plan to save for retirement?”
The end of the year is getting closer generally, that brings us financial benefits. Some are perceptible quickly. On the other hand, there are others that are not so perceptible to our eyes and that should somehow exploit. Let us talk about financial benefits: performance bonuses, school incentives and gifts, etc. December is a great month for many, a month of abundance for some, a month for others and a month to liquidate debts. For this reason, we give you financial tips to control your finances at the end of the year.
Do not get excited with the amount of money you will receive it is very easy to spend tens or hundreds of dollars on a single shopping. The best thing is that before going out to spend your bonus or your bonuses take a minute to reflect As soon as that money has cost him. How much time of his life has he invested and evaluate if it deserves to be finished quickly. Continue reading “Financial Tips to face this time of the end of the year”