Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.
We all have our own unique relationship with money. We certainly have our own unique way of both spending and saving money.
However, if you’re ready to start putting some money aside, or looking for tips on money management, or even the best way to pay your bills, the following tips may provide a little bit of help:
These are the obstacles we all face in trying to achieve our financial goals:
This is dedicated to my dear friend and brother in Christ...Rodney Pfahning who passed away yesterday. Rodney, I pray I honor your memory by sharing your heart and your valuable legacy worth more than anything money can buy. We all hurt deeply at your passing but know that heaven just gained a great soldier and a warm loving greeter to welcome us when our day comes.
One of the core inputs required in the financial planning process is the assumption of what the future return of a given portfolio will be. Obviously higher returns are preferable because they translate into greater spending power and/or reaching your goals sooner. Yet higher returns come with a caveat; higher risk. There is a very strong correlation between risk and return.
Did you know that the Bible has GPS built into it?
I call it God's planning system. You might be asking what exactly is God's planning system? Jeremiah 29:11 says: