Monday, September 8, 2008

10 tips for free your financial planner does not want you to know

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1. Make a will

2. Choose a credit card with no annual fee, low interest rates, and a long period without interest (for example: 55 days) than credit cards with an annual fee and a rewards program often have interest rates higher and are rarely worth

3. Always pay off your balance credit card before it expires (with liquid assets that are not another credit card!)

4. Take a basic level of private health insurance to cover you for dental, optical, physiotherapy, etc.

5. Getting life insurance if you are married, have children or other dependants

6. Make regular voluntary contributions to your retirement benefit (pension) fund

7. Buying a house if you want to live in one, but only if you can afford the repayment of loans if interest rates rise

8. Keep 6 months in spending the most lucrative use of the Internet savings account you can find a cover for medical or other emergencies

9. Invest the rest of your leisure cash regularly Shares Index funds and not to touch until his retirement

10. If any of them are difficult to understand or if you have special circumstances (retirement, loans / debts, etc.) pay a fee based financial planner to conduct research and explain the options for you, usually for once duty-free some $ 100.

Do not choose a financial planner, toll free initial receives a percentage of your investment for example: 2%, because they will take this commission from your money each year for doing nothing and probably get bribes from 'company whose product sold, they've created.