Tag Archive: financial advice

The Right Advisor

right-advisor

After reading an article by Carl Richard, “The Behaviour Gap” … Investing is not about skill, but about behaviour.

From his article, Quote … “Even by owning an average mutual fund, investors who behave correctly can outperform 99% of their neighbours. Alternatively, for investors who spend their whole lives searching for the best investment, an entire lifetime’s return can be wiped out by one single behavioural mistake.” Unquote.

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May 26, 2017 Financial Planning, , , , , 0 Read more >

Online Financial Planners: How Do They Work?

How financial planners work

Even though consumers have been using online banking and mobile applications for years, the concept of online financial planners like Moneyfrog.in is still new. In comparison to a traditional face-to-face financial planning relationship, how do online financial planners work?

Online financial planners allow you to:

  • Develop plans for your finances that are comprehensive enough to include every aspect of your life from buying new home, child education, insurance, long-term investment management, spending trends, and retirement.
  • Analyse your debt, understand how debt management works, and develop a plan to pay down debt.
  • Access finances at any time. You don’t need to make appointments with a financial planner, or schedule an office visit plus travel time.
  • Analyse your financial situation and run scenarios to cover “what if” questions about your financial future. You can change your financial plan at no extra cost.
  • Keep your information private. Unlike a traditional financial planner, no one else needs to see your personal information, and you can rest assured your information is stored securely.
  • Run quick reports, and understand them easily.

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July 26, 2015 Financial Planning, , , , , , , , , , , 0 Read more >