Financial advice is hard to get. There are few people who truly understand how markets work. Because of this, getting a great financial is very difficult. Few financial experts have your best interests in mind when giving advice. In fact, many advisors simply want to make money off of commissions that they sell.
This is bad news for people who are looking to make a difference in their portfolio. Over the long term, getting quality financial advice can make a huge difference in your retirement savings. A small change in the rate of return on your investments can mean millions of dollars over the long term. Brian Bonar has all of the experience that you need in order to get quality advice. He has done a great job helping clients through the years with their financial planning. Learn more about Brian Bonar: http://www.bloomberg.com/research/stocks/people/person.asp?personId=185634&privcapId=29770
Buying Single Stocks
One of the riskiest ways to play the market is to purchase single stocks. Over the long term, the market tends to go up. However, there is a lot of volatility when it comes to your single stock purchases.
Few people understand how to play the stock market from week to week. Often times, it is better to simply buy an index fund that tracks the market rather than looking for ways to take advantage of single stocks.
This is one of the riskiest ways to invest, and if you are young it may be a good idea. However, for the vast majority of investors, buying a fund that tracks the overall market is often the best course of action.
Planning your monthly finances is a huge part of investing. Brian Bonar always encourages people to look at ways that they can reduce spending in order to invest more money in to their portfolio.
Over time, these small changes can really add up to big savings and investment gains. There are a lot of people looking for ways to trim the fat out of their budget. This can be in the form of coffee on Saturdays or simply eating out too much. Over the long term, there are a lot of people looking for ways to save more money.
According to XRepublic, In the future, Brian Bonar wants to continue to add value to other people through financial advice. He is really good at helping people get to the next level with their finances. If you have been searching for ways to add more value to your portfolio, getting quality financial advice is one of the best ways to do so.
Always look to the future when you are looking for ways to earn more money. Investing is a simple subject that is hard to execute over time.