investing
We’ve all had unexpected financial occurrences throughout our lives that either throw us off our savings goals, or cause us to change plans and cut back; especially at times when we could really do with that vacation, a night out, or changing out that old phone. Whether it’s a large unexpected expense, a job loss, or a significant decline on your investments, everyone faces financial setbacks. In times like these saving money may be the last thing on your mind. […]
We have all heard of the term ‘Don’t put all your eggs in one basket’ and generally, this saying can be applied to many situations. In investing, it is no different. In fact, not putting all your eggs in one basket, also known as diversification, is the best strategy to reduce the total amount of risk any individual is exposed to. As an investor holds multiple assets, often across multiple categories, the investment risk is minimized by removing […]
Valentine’s Day 2019 Set Financial and personal goals These goals should always be (SMART) Specific Measurable Attainable Realistic and Timely. Saving Start a savings fund to help achieve your financial goals. Start small and increase as you go along. A little today, can go a long way. Create a budget and stick to it. Careful budgeting can improve your financial situation and prevent you from overspending. It’s an Emergency! Unforeseen circumstances can arise at any time. It can be in the […]
Coming out from the cash exhausting, end-of-year holiday season, and straight into the ‘pay-off-your-credit-card’, and ‘clear-your-debt’ months, we must have a financial plan in place if we wish to participate in this year’s Carnival season, comfortably. Let’s be real, many of us cannot go to every fete, every ‘pump’, still play J’ouvert and ‘jump-up’ in the most popular ‘Mas’ bands; although some of us do, […]