Plan 2 Prosper

I would like to provide you with an update on some recent developments in global sharemarkets. There has been volatility in recent times which is likely to continue, however it is very important at times like this to remain focussed on the long term (assuming that long term is the appropriate time frame for you), the achievement of your goals and objectives and to understand that volatility is a natural characteristic of the sharemarket.

History shows us two key learnings – the sharemarket does recover after experiencing declines and it is important to “ride out” the volatility. (more…)

In an earlier post we introduced the What do you value? series. Now we will explore a little further the value grouping: Career and Occupation.

Many people make inaccurate assumptions about the relevant dollar$$$ and other a$$et$  they need to generate and develop during the wealth accumulation stage of their life, to not only achieve their immediate goals but also to put themselves in the right position to satisfy their desired lifestyle in retirement. (more…)

What is it that you value? Have you really taken time to think about your values? Maybe you should. Is what you value the same as your partner? Have you spoken about this before?

At the base level the development and ongoing relevence of an appropriate Financial Plan hinges upon all parties involved having a clear understanding of the “client’s” personal values as well as any associated goals and priorities. This clear understanding enables the “adviser” to more easily assist the “client” identify gaps, options and choices which can be addressed through any Statement of Advice which formalises the “client’s” financial plan.

The clarification of of personal values is important as financial goals which are anchored to personal values will generally not change dramatically over time.

(more…)