To frequent travellers, the following should be familiar:
Lost your baggage
Trip cancellation
Medical emergency
Just being aware that these things could happen to you or anyone who travels should make you realize that getting travel insurance coverage is in fact a smart move.
Let’s take a look at your options so you’ll be able to decide for yourself where Travel Insurance is necessary or not.
Here are five smart moves to take when the Stock Market is down:
1. Don’t panic.
2. Stop listening to news of doom and gloom.
3. Consult your Financial Advisor instead of your neighbors or your equally ignorant friends.
4. Keep your goal in mind and remember your investment Time Horizon.
5. Keep investing.
The first of were already discussed in detail in the previous article of this series.
This is now the second and final article and we continue with the last three items.
Towards the end of the article, I’m going to answer a very interesting question asked of me by two of my friends: “Carlos, have you lost money investing in a Stock Fund?”
Read the rest of the article to learn more and become a confident investor.
“By focusing on the daily ups and downs of the market, people forget the more important point: Stocks rise more than they fall.”
Those words are written by Ric Edelman in his book entitled, The Truth About Money.
It is the nature of stock investments — whether Individual Stocks or Stock Funds – to go up and down in values. But in the long run, stocks have proven to be very rewarding for those who were patient in their investments .
I am writing this article at the time when the Philippine Stocks are experiencing a nose-dive.
Keep reading to learn some smart strategies that are appropriate for such times as this.
I am writing this article for two reasons:
(1) To once and for all address the fears of mutual fund investors ( or would-be investors ) who are forever worried about their investments just vanishing into the thin air like what usually happens in Pyramiding Scams or banks that go out of business and;
(2) To elaborate my response to a client’s SMS message sent to me the past weeks, which I quote,
“Sir good morning. Bigla lang pumasok sa isip ko…. Paano kung biglang bumagsak ang FAMI. Ibig sabihin ba nito lost na ang investment namin?”
Such smart question deserves a smart answer!
So please read carefully and may this article help you to increase your Financial IQ.
This article is the first ever guest post contributed by Kyle Kam who is a Marketing Specialist for MoneyMaxPH.
He shares financial and investment tips for young people who are in their 30’s.
Among the investments he recommeds are the following:
Please check out the article and gain financial insights tha may prove to be useful to you.
Hi there. I am your host, Carlos Velasco.
I hate scam.
And I am allergic to hype.
As your FAMI Mutual Fund Advisor,
my goal is to turn you into a
Smart, Confident and Fearless Investor!
