Importance of Getting in Touch With an Experienced Financial Advisor

Many of us at certain points of our lives face financial difficulties which we find hard to get away from. Mismanagement of our wealth and income can leave you lacking the necessary financial strength during various phases of your life. Whether it’s your child’s education, or coming up with the cost of an important operation, or retiring comfortably, you’d want yourself to be financially able in every situation. For that, it is necessary to plan well ahead in order to stay prepared for all the events and surprises life throws at us.

A lot of people fail to plan ahead with confidence and leave their financial future open to doubt and uncertainty. If you are a working professional or small business owner, investing the right time, energy and planning into your managing your finances is quite important. If you are struggling to manage your finances, getting in touch with an experienced financial advisor might be the right decision. They can help you plan your life and finances with qualified financial advice. Notable financial advisors include David Justin Urbas, who is a prominent insurance and financial services expert.

Income and expenditure are hardly the entire story. If it was so, things would be quite simple. But that’s not the case. There are taxes, mortgage payments, insurances and their premiums, loans, debt that needs to be cleared within time, and much more. Many of us struggle to make ends meet when all of that is taken care of. But that does not have to be the case. A qualified and experienced financial advisor can show you the way.

How Financial Advisors Take Care of One’s Financial Needs?

1. Discuss financial goals – One can discuss their financial goals frankly and openly with a financial advisor. It is the best way for them to know where you stand financially, and where you want to be.

2. Planning to meet objectives – Financial advisors sit down with their clients to create financial plans required to meet certain financial objectives. They make an estimate of how much you would need to save up in order to meet those objectives.

3. Investment options – Investing in life, health, vehicle, property, accidental and travel insurance are all good ideas for anyone’s immediate and future security. At the same time, it is quite important to ensure that one doesn’t end up choosing the wrong insurance plans. A financial advisor can suggest the best investment schemes for your needs.

4. Planning for life’s changes – It is hard to predict when key life changes like getting married, having children, being affected by a medical condition, having to retire abruptly, etc. may happen. It is important to stay prepared for them from a financial standpoint. Advisors can help you prepare financially for any significant changes or situations in your life, no matter how hard they strain you financially.

Getting a financial advisor’s skilled advice can help you become a better manager of your own income and wealth. It is the best decision you can take for your well-being.

Qualified Financial Advice Can Do You A World Of Good

The most important aspect of maintaining a secure life is keeping one’s finances in order. One has to find the right way to organize and manage their finances, in order to ensure that any difficulties do not arise in the future. While many of us do manage to get by our lives without worrying much about finances, others are not quite as lucky. Moreover, even if you’ve got everything in order, a sudden medical or accidental emergency can throw you off balance. If you are in need of financial advice, it is a good idea to get in touch with reputed professional financial advisers.

A financial adviser can analyze your current personal or business finances and suggest the best ways to maintain or improve them. They can show you what steps to take, in order to ensure financial stability for now, and for the future. Reputed financial advisers like Justin Urbas work with individuals as well as small businesses. They offer valuable advice to handle financial difficulties, and qualified advice regarding debt or any financial emergencies.

Meet Your Financial Goals With Help From Financial Advisers

You may have certain objectives in mind, such as, purchasing a vehicle, or sending your son to college. Other financial needs may include meeting sudden medical expenses, paying off mortgages or alimonies, while still keeping food on the table, and maintaining our quality of life. These situations are faced by every person, or every other person, depending on how you see it. But it is undoubtedly a wise decision to take major financial steps with a lot of research and planning.

By consulting with a skilled financial advisor, you get a clear idea of where you stand financially. Based on your current income sources, and standard of living, they can suggest how to improve the finances. Where you get stuck in a rut, financial experts help you find the way out. There are a lot of aspects that need to be kept in mind while making key financial decisions. These include:
1. Rents, mortgages etc.
2. Ongoing installment payments
3. Current income and
4. Current expenditure
5. Savings and active loans
6. Alimony, child support etc.
7. Medical bills if any
8. Education funds

Independent financial advisers are preferred by many, as they can get straight to the point and start helping you. They can offer flexible financial management strategies, which advisers from finance companies cannot offer you. Besides, you can save up a lot of time, money and effort with quality independent advisory services. Now let us look at some key benefits of hiring a financial adviser.

Benefits of Financial Advice Solutions

1. Financial advisers can help you plan ahead with confidence.
2. They can help you take key financial decisions and steps.
3. They can set a budget based on your current income and objectives.
4. Financial advisors recommend the best investment options for you.
5. If you are struggling with debt they can show you the way out.

If you need help with managing and planning your finances, getting in touch with a skilled and experienced financial adviser is the right decision.

5 tips to investing in and buying gold coins

When world economies shiver and shake, gold prospers.

Gold bullion coins, which sell in the millions weekly, tap into the allure of investing in gold. American Eagle and Canadian Maple Leaf gold coins have high gold purity and are easily bought and sold through precious metals dealers.

Following the financial crisis, some investors turned to gold exchange-traded funds, or ETFs, to cash in on gold’s rise. But in recent years, people have been moving away from them, says Barry Stuppler, president of Stuppler & Co., a precious metals dealer in Woodland, California. Why? Some ETFs don’t own the physical gold, instead trading in a gold index. For example, the CBOE Gold Index tracks the price of gold-mining companies. Gold ETFs may even trade in gold futures contracts, making them risky investments, says Paul Mladjenovic, author of “Precious Metals Investing For Dummies.”

That’s why Mladjenovic prefers gold bullion coins. The price of the 1-ounce, 24-karat Maple Leaf approximately matches gold’s spot price and enjoyed a meteoric rise between 2005 and 2011, when the price of gold more than quadrupled. But what goes up sometimes comes down: The price of gold coins has tracked the recent decline in the price of gold, as well.

More at: http://www.bankrate.com/investing/5-tips-to-shine-in-investing-in-gold-coins/

6 Financial Advisors Share Their Best Financial Advice for Saving Money

Is saving money easy? From a distance, it certainly appears to be.

But, when it comes down to it, it’s pretty difficult – especially when you don’t have a stellar income.

You already know you need to save money for the future. You need to save money for retirement, for an emergency, for your kids’ college education. The list goes on and on.

And, in the back of your mind, you know these are real expenses that will most likely get worse over the course of your life.

If you haven’t started saving for these goals, the first question you’ll need answered is how to start. Most of the time, starting is the hardest part about saving for any goal.

This article is a great place to start if you’re having trouble taking that first step. I asked several financial advisors their best financial advice on how to save money, and received a variety of responses.

More at: https://www.forbes.com/sites/jrose/2016/08/20/6-financial-advisors-share-their-best-financial-advice-for-saving-money/#2f7283604358

The Long-Term Effects of Negative Real Interest Rates

The Hardest Shorts in the World
Amazon would seem to be an easy short. It doesn’t make any money. Don’t companies have to make money?

You would think so. I attempted this trade, shorting Amazon, back in 2012–2013… unsuccessfully. I was adamant that companies had to make money. I was wrong—but I didn’t understand why. At least I managed not to get my head blown off.

People also like to short Tesla, which also doesn’t make any money. It looks like it never will. Sure, Tesla is a bit of a cult stock: it’s hard not to root for a guy who builds actual spaceships and solar panels and runs three companies at the same time. But the Tesla shorts will also get carried out, for the same reason the Amazon shorts did.

I’ll give you a hint: it has to do with interest rates.

For both of these companies, the cost of capital is effectively zero. Would you be buying TSLA converts yielding 2.375% with a high strike if fed funds were 6%?

You would not.

More at: http://www.mauldineconomics.com/the-10th-man/the-long-term-effects-of-negative-real-interest-rates