There is a long interesting road ahead of you. Most importantly make sure that everyone is on the same page. You should now spend many hours together brainstorming ideas and suggestions and discussing your future together. Once you have your people together you become a team.
But the true purpose of insurance is to protect you from extraordinary circumstances for which you can’t normally be prepared. Many people wrongly avoid taking term insurance thinking that you won’t get the money back if you are alive. Meeting needs like child’s education, rent or EMI, parent’s health and other important money needs which are fulfilled by an earning member, become impossible in case of sudden demise. It is difficult to assume that a person who is just in his early work life can save so much as to protect his family’s living conditions.
When you make profit, what are you going to do with it? What horizon of time do you have in view? Short term investors are not interested in the fundamentals of companies that is why they are called speculators. They must be companies you are sure cannot go out of business in the nearest future. Do you want to invest for short term or long term? A long term investor should ensure that the investments made are in strong companies with impressive fundamentals. This is where you must begin. For what purpose do you want to invest?
I was referring to stock gamblers, individuals who blindly throw their money away in investing. They love buying stocks. Whether they make a profit or loss, they have no idea what causes it. I am not referring to individuals who went to the casino and gamble. The ups and downs of the stock price thrills them.
The bad retirement plan is the one where you spend all you earn and hope Social Security will be enough to meet your retirement needs. Successful people do not follow a plan where they spend all they earn.
How much would you charge your clients? Once you were able to create a name for yourself, you can start increasing your prices based on the ongoing rate in this industry. Since you are just starting out, it would be best if you charge lower compare to your competitors to attract people to at least try your services out. This is something that you need to consider before you even advertise your pension consulting.
I would understand if you tell me that you have so much on your plate and that you don’t have enough time to promote and sell your pension consulting in the online arena. These people are armed with knowledge, Working For Yourself As A Forex Trader – It