In the present economic climate, we have to work that bit harder to make the most of our savings and investments to achieve the returns we would like. Our advises at Polestar use all their experience and skill to maximise your money. All we can say is that you should put us to the test as soon as possible.
The value of the investment and the income they produce can go down as well as up and you may not get back as much as you put in.
Investment planning is now more of a science than an art. Technology, ever-increasing investment opportunities and stricter regulation have all encouraged a more scientific approach. But has your investment strategy kept pace?
Investment planning and asset allocation is a multi-stage process. The actual execution of investment transactions is virtually instantaneous, but the decisions behind them need time and should not be hurried. There are many different approaches to the investment planning and asset allocation process, but most will broadly follow the step-by-step framework explained in this guide.
Financial planning can help everyone. It isn’t reserved for the rich, or sophisticated investors, because we all want to make sure we are making the most of our money.
Whether it’s making a retirement plan, investing to provide for your children’s education or preparing for retirement, financial planning can help everyone across their lives.
A good financial adviser should be a trusted partner who can help you achieve your financial aspirations and protect those you care for through the changing circumstances of your life and potentially in the event of disaster. However, most people don’t really know what financial advisers actually do.
Most parents want to help their children financially, whether it is making sure there is enough money for their education or eventually helping them to buy a property. An early objective as they grow up may well be to help children understand the value and importance of money.
Whatever the reason, tax will be a major factor to consider, as will the risks of giving children too much money too soon. It is therefore important for parents and others to appreciate the basic tax and legal rules, and the investment products that are suitable for children to help achieve the goals set for them.
Most people’s finances are like a house of cards, with their ability to earn an income acting as the bottom row. Everything else rests upon this bottom layer and, should the worst happen and your income stop, the whole house can come tumbling down. Life and health insurance protection underpins most good financial planning. These types of insurance can ensure that, if the worst should happen, the right amount of money will reach the right hands at the right time.