For most of us in the post-prime years of our lives, there are two main priorities – our health and financial security. Medicare and private health insurance are readily available, but where do you turn to deal with your retirement nest egg?
For instance, a Morningstar report will tell how a mutual fund’s performance ranks with all other mutual funds that have the same objective. It provides an independent, objective report that will let you know how well your investments have performed. It will also help you see whether your advisor is doing a good job for you.
Look at experience. You want a gestori patrimoniali company that will be able to know when to make their moves and this comes greatly from experience. Finding a company that has a good history of gains is also important.
I talked with Clyde and his wife, Claudette, recently. In fact, Clyde brought his son to one of my popular financial seminars so he could learn to avoid the mistakes his father had made.
Susan and the Smith’s are the lucky ones. They contacted me and avoided a nightmare. Unfortunately, there are thousands of investors that are taken advantage of every day. This should be criminal and until it stops I will continue to ‘beat this dead horse’!
The RBI may continue with its rate hike spree for some more time. “We expect a 50 basis points increase in key interest rates over the next three to six months, which will keep the short-term interest rates firm,” says Ramanathan K, CIO-single manager investments – ING investment management. Nowadays, good credit-rated financial instruments maturing in 90 days offer an annualised yield in the range of 8.75% to 9.25%.
We have experienced periods of all three (as well as events like those noted above) over and over again throughout history, and frankly this (current) environment is not particularly unique.
Is the firm so large that you are just one tiny fish in an ocean of clients? Or is the firm smaller in size so that the advisers know you by name and care about your individual and business goals and investments? If you are satisfied with a prospective firm’s answers to all of these questions, congratulations! You’ve found a match. If not, keep looking until you find one that feels right. You work hard for your money, and so should your adviser.