Archive for the ‘Financial Planning’ Category
In some developed countries, the profession of financial planners like this are very common, and in Indonesia itself just five years professional financial planners began to be known, here are some ways a financial planner is paid:
- honorarium
In this case, a financial planner receives payment for the financial plan he makes, no matter the client to run the financial advice given or not. there is even a financial planner who set honorarium per hour.
- commission
Here, a financial planner receives payment from the commission when the client runs the financial advice given. in this regard you as a client must be smart, make sure the financial advice given in accordance with your financial goals, because sometimes in order to get commissions from the products offered by a financial planner to ignore your financial goals.
- Honor + Commission
Financial planners receive an honorarium for the financial plan and made suggestions, and if the client plans to run it, then the financial planner will also receive commissions from financial product recommended to his client.
Of course, each way has its own consequences, but if you want to find a planner who can give the best advice make sure you choose a genuine financial planner to help you.
Some financial planners offering their services for free, especially those who have affiliations with insurance companies and financial planning as a form of socialization to the public, this certainly is good news for those of you who want to made a financial plan. but before making sure that the-planners are people who genuinely help you, make sure that insurance companies also shelter where they have sufficient product to help you achieve your financial goals
Primerica is an American investment company with large customer base. It maintains more than 2.5 million investment portfolios. The total worth of the 2 million investment portfolio is $31 billion. The company was initially set up during 1977. It experiences exponential growth for many years. Today, it is the leading investment company in America. It has branches in most of the states in America. It also has a branch in Canada. Primerica has offered more than 4.3 million life insurance policies for customers across the states in America. Its average payout in benefit claims is $2.5 million. Primerica is member of several respected associations including Better Business Bureau (BBB), and Insurance Marketplace Standards Organizations.
Primerica offers life insurance solutions that are customizable. The life insurance policy provides guaranteed insurability for policy holders that aged up to 95 years old. The term life insurance has an affordable renewal rate. Primerica offers renewal options that meet with the industry standards. If you are involved in a long term care treatment, you can select the long term care life insurance policy. Primerica long term care life insurance policy provides compensations for the expenses of long term stay in nursing home. Besides, Primerica also provides insurance for vehicles and home. The process of getting insurance quotes from Primerica is fast and straightforward.
Primerica offers investment opportunities through a variety of investment programs including annuities, mutual funds investments and etc. It provides analysis for your current financial situations. After the financial analysis, you will get a report with strategies on how to cope different financial problems.
Inversion – Morgue File
Establishing a risk profile to find out how much you’re willing to lose if the investment does not generate income helps you choose between different types of investment.
Sometimes companies have liquid assets that do not need to develop their activities temporarily or commercial production. Companies need to have a certain amount in cash or liquid in banks and to help meet the payments shown in the development of normal activity. But keeping excess liquid availability is not advisable because it can generate low or no performance for the company.
Investment Types
When a company decides to change its availability liquid by placing the resources available in financial assets that can provide better performance. All these assets is called short-term investments or short-term financial investment. The maturity of these investments should not exceed three months and less than one year.
The short-term investments are cash loans that firms make in order to get a performance increase the capital of the company. In contrast, long-term investments are not in cash but are composed of assets. Another difference between short-term investments and long-term investments, is that the long term pose a higher risk in the market by fluctuating prices of stocks whose price is unpredictable.
No one plans to fail but who do not plan to fail. The financial architecture is a very important tool to contain the crisis and even more so for our development and personal growth, family and society.
Usually we manage our income only when things are going bad and unplanned, this results in severe family crisis, professional and labor that can be avoided by designing a financial plan.
The five common mistakes of those who do not plan are:
1. Given only when we are in crisis
2. Concentrating our savings in a single financial instrument
3. One person in our family to handle money
4. Not to diversify our investments
5. Do not consult specialists in Financial Planning
Another important aspect is the lack of foresight, not to project medium and long term. Surely for most of our readers the most important thing is the “family” but are assured of the car or the house and not one’s life because being alive is what allows us to purchase goods and services.