FYInance

Posts Tagged ‘financial planner’

Have you seen your retirement dollars in your 401k, IRA or non-IRA account evaporate into thin air? Americans are in serious danger due to large stock market losses, decreasing wages, plummeting real estate prices, job losses, and the increased national debt that will eventually weaken the dollar. Were in a global recession, and it’ll affect the stock market for years to come. The energy market, housing market, and labor market, as well as skyrocketing government debt, all pose a threat to …

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I’m looking for a financial planner in San Antonio, TX. How much does a planner usually charge? Any recommendations?

Since the job market is so bad right now, I’m thinking of getting a job as a financial planner since it is the only one I can get! I was wondering if it is a good idea to get the series 63 on my own because it is one of the few Series exams that require no sponsorship? I know that I will also have to take things like Series 7 and a lot of other exams. I guess I am ready for them.

Today we are going to discuss briefly why financial planning is so important. First of all, you can do your own financial planning even though most people seek the help of a good financial planner or financial advisor. A financial planner can examine your financial situation while having your short term and long term goals in mind and help you come up with a plan (a financial plan) that outlines how you can reach your financial goals.

If you go to a financial advisor, he or she might be able to help you but a financial advisor does not usually come up with the financial plan himself/herself. Besides, there might also be a conflict of interest because a financial advisor has investments to sell whereas a financial planner usually do not sell investments or you can choose one that is independent of investment firms.

It is important to differentiate your long term goals and short term goals as well as examine where you current are financially. Without a financial plan, you will be lost and wouldn’t know where to start to achieve your goals and if you did know then it is still hard to keep track of what you are trying to achieve and what you have already achieved. Everything you do financially should be part of a big plan.

Any thoughts?