The Uglycow Finance » financial adviser

Who understands the financial advisors?

admin — Sat, 18 Jun 2011 04:56:01 +0000

Forgive me financial advisers, but their tips are often unintelligible. Moreover, I’m not the only one who thinks so: 50% of investors do not fully understand acknowledge the advice of his counsel, and that nearly 90% of professionals considered to have done his job and left her satisfied customers according to a etude which echoes the Gestiohna brokerage.

Another report, prepared by the Centre Inverco gives us more data and suggests that the more dynamic and younger the investor, the more knowledge you have of financial products. The trouble is that the profile of the average saving is, rather, that of a man older than 50 years and a conservative in their investments.

To facilitate understanding between client and consultant, Gestiohna includes “10 key concepts that every investor should know in times of crisis” and which I reproduce verbatim:

REDUCTION OF BETA is the risk indicator reflecting the sensitivity of a stock to market fluctuations. With a beta less than one, the action will tend to collect only part of the market movements, making it more stable and talked of a “defensive value.”

Problem subprime mortgage credit risk borrowers (people with no income, no job, no assets) in the U.S. residential market, which highlighted the shortcomings of a system based on subprime mortgages and was one of the triggers for world economic crisis.

DIVERSIFICATION OF THE INVESTMENT PORTFOLIO selection of securities, securities, sectors or countries without a strong relationship with each other to reduce the risk incurred by the investor.

INVESTMENT FUNDS a Gestiohna According to experts, “in the current economic environment is the most appropriate product for individual investors because they allow you to build a portfolio to maximize profitability without incurring high risks.”

Hedge funds are hedge fund that were once identified as one of the main culprits of the crisis by their speculative positions, and that during the past year, have staged a historic way of capital has led to the demise of much of this industry. However, it seems that once again regain its strength.

INVESTOR PROFILE a saving features that determine their investments based on their expectations and their ability to take the risk. The Spanish investor profile is conservative, older than 50 years, which relies more on banks than other sources when choosing a product in which to invest, according to a recent study presented by the Centre Inverco.

Bailout injection of public money being carried out by governments of different countries for the revival of their national economies.

RATING AAA (Triple A) A Maximum credit quality rating of a country’s public debt issued by agencies like Moody’s. Spain recently became the first state to AAA in face possible loss of that designation. Spain currently holds the top rating but, according to Moody’s latest report, the fiscal adjustment will be “long and painful.”

THRESHOLD 10,000 points psychological level of Stock Exchange listing, in case of sales or exceeded, triggers strong contrasting moods. During those days can rein restlessness, or euphoria among investors.

Deviation parameter that measures the price risk of financial assets in terms of fluctuations or variations in price over a period of time.

Social networks: Attracting investment channel

admin — Fri, 22 Apr 2011 22:46:25 +0000

Social networks not only are revalued in stock (up to 377% percent in the last year), but also help predict the vagaries of stock market, according to some studies. In this context, it is easy to see why over 80% of financial adviser believes that over the next five years, social networks help to attracting customers and also enhance the relationship with them. Currently, between 15% and 20% of the investment is captured through social network.

Behind this trend, in the words of Marc Garrigasait, president of Koala Capital SICAV, the transparency that social networks provide the financial world. “If you are transparent, investors will appreciate what this means more empathy and more benefits,” he says.

Over 70% of financial advisors are registered in any of the social networks, especially Facebook, LinkedIn, and Twitter Unience, according to a survey on the use of social networks by EFPA Spain (European Association of Advisers and Financial Planners -Heritage). The vast majority believe that social media are very useful for several reasons: because they represent an efficient channel of communication, constitute a direct and easy communication, are a good tool to keep abreast of new trends, and consider marketing tool and online advertising.

No matter how much, But you do it with frequency

admin — Mon, 31 Jan 2011 21:59:02 +0000

Part of my job is to provide financial adviser personal finance workshops in different communities in the city of New York. One of my clients who took the workshop in July last year came to a follow up visit to review your credit and tell me about their financial plans. One of the questions I asked is whether there was any part of the class that had affected more than others and she replied: “I loved the phrase that said that no matter how much you save, but do it often.” Behold the Where did this phrase.

Although I take the copyright of them, the book “The Richest Man in Babylon” by George Clason inspires this phrase. A wealth of knowledge that this book explains is that the basis of wealth is to save ten percent of your income. This is something many people can do, but the concept of saving 10% of a salary that is small is something that seems as if half of our check.

It is easier if instead of focusing on the amount we should save the frequency that this should be done. Try to save an amount you feel good about it, it need not be much because the end is not what matters, what matters is that you do each time you receive an income. No matter whether they are $ 1, $ 5 or $ 50. Save what you can but it is constant, and at the end of the day you’ll get used and saving part of your life. Choose the percentage that suits you and everything will be as it should be.

My client has been able to save more than $ 4,000 in just 10 months and thinks plans to continue saving to buy their own home.

Direct Deposit and Automatic Savings

admin — Tue, 21 Dec 2010 00:56:00 +0000

Many of our employers give us the opportunity to get our salt lakes in the form of deposits to our checking or saving account. But many of us are unaware of the great advantage that this product, completely free, we can offer to help you save.

Part of my job as a financial adviser is to educate my clients a major advantage in financial life is saving. The more we save more we realize how difficult it is, and how easy it is to spend everything we produce. The reality is that we are used to stifle our resources and this cycle is repeated at each check charge. And if someone told you: I have the solution to your problems! You can spend all there on your account, and as it will be saving for your future, your education, for your own business, for your holiday around the world and much more. And best of all it’s free. This sounds a little science fiction, but many people do it every day for recovery and live happily have made the decision.

I will give the solution in my new book which goes on sale! I’m just kidding. The reality is that they can have two direct deposit accounts instead of one. You can tell your employer to deposit 90 to 95 percent of your salary into the account you use and open a saving account where you deposit the remaining 5 or 10 percent. The savings account must be in a different bank than yours and cannot be linked to your savings account, the reason for this is so that you cannot use this money unless it really is an emergency and warrants the extra effort needed to withdraw money. You can save 5% or 10% of your salary and the rest you can spend as they did before, and you will not even notice the difference.

Tips to improving investment

admin — Mon, 16 Aug 2010 09:55:29 +0000

Understand why they are investing

One of the keys to successful investing is to identify your investment objectives, and period during which they invest. What do you do with your money?

Your goals and deadlines

When investing money, many people have a specific goal in mind. If this is the case for you, you need to decide what time frame is attached to that goal – short term, medium term or long term?

Instead of having a particular investment objective, some people may want to invest a sum of money, such as an inheritance. If you are in this situation, you need to decide what you want from that money. Want to use the money in the next year or two? (In which case you are an investor in the short term).

Do you want a regular income? Or do you want to achieve capital growth long term?

A short-term investor would be more likely to choose more conservative investments such as cash, to ensure that your capital is available in the next one to three years when they need access. A long-term investor would be more willing to invest in assets such as growth stocks because they do not need to access your capital at least five years, so they are usually less concerned with short-term ups and downs. They recognize that the potential benefits are greatest in growth investments, and if carried out in the long term risk associated with short-term volatility is reduced.

Remember that retirement is one of the most effective ways to invest tax in the long term. For more information on retirement, contact your financial adviser.

In considering what type of investment is right for your goals, a professional financial adviser can help you with this decision after analyzing your investment objectives, needs and financial situation.

Become an investor rather than a protector.

Many people invest but only some become rich. Why? The mistake many people make when investing is that they treat their investment savings. So what’s the difference between saving and investment? Saving is what you do to earn money for something, like a holiday, and when you have the savings, you withdraw your capital from your investment and spending.

The investment is different. People who want to create wealth to invest their money in the long term growth in assets, including stocks and property. Its strategy is to spend the income of the investment, but leave the capital invested. Do not remove the capital, so it stays there for growth, which in turn allows more income to be produced.

If you do this takes a little more at first to reach its investment objective, but eventually, you will find that the extra waiting time has been worthwhile. As the years pass, may have a growing revenue stream in addition to its investments and living standards can rise accordingly.

So what is the secret to become rich? It’s easy! Start investing and stay invested.