Brought to you compliments of Sarah M. Place, MBA
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May 2006
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Thursday, September 9, 2010
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Building Strong Relationships
I believe that my ability to provide you with quality financial planning advice and services is dependent on the degree to which we are able to develop strong, trusting relationships. That is why I focus so much time on education: educating myself on your situation and then educating you on the various alternatives available for your situation. I am committed to providing you with up-to-date financial planning strategies and products.
If you are not yet a client, I would be delighted to visit with you to see whether you may be able to benefit from my services. There is no cost or obligation to you. If you would be interested in setting up an initial meeting, please call or e-mail me.
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Check Your Personal Financial Ratios
When reviewing the financial health of a
company, it's common to look at financial ratios, such as earnings
per share, price/earnings ratios, book value, and total return.
The reason financial ratios are so popular is they give you a
means of evaluating financial information, while allowing you
to track changes in a company's performance over time. Consider using the same concept to assess
and track your personal financial situation.
[FULL ARTICLE]
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Use a Budget to Control Spending
First, keep this in mind - almost no one
enjoys the process of analyzing and budgeting expenditures. But
inefficient and wasted expenditures can be major impediments to
accomplishing your financial goals. It is difficult to manage
your money if you don't know how much you have or where it is
going. Consider these steps when developing your budget.
[FULL ARTICLE]
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The Benefits of Dollar Cost Averaging
Dollar cost averaging involves investing
a set amount of money in the same investment on a periodic basis.
Since a fixed amount of money is being invested, more shares are
purchased when prices are lower and fewer shares are purchased
when prices are higher. Of course, whether dollar cost averaging
produces a higher return than investing a lump sum immediately
depends on whether the investment's price rises, declines, or
fluctuates over the investment period.
[FULL ARTICLE]
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Keeping Your Expectations in Line
When designing an investment program, your
expected rate of return is a critical element in determining how
much to invest to meet a future goal. Since no one can predict
future returns, the expected rate of return is typically estimated
based on an analysis of past returns for various investments.
[FULL ARTICLE]
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Take the Emotion Out of Selling
Selling an investment can be an emotional
decision, especially if the investment has experienced a loss.
Many investors can't stand the thought of selling at a loss, preferring
to wait until the investment rebounds to the breakeven point.
However, the investment may not rebound to that level or may take
a very long time to do so. In the meantime, you could have been
invested in other alternatives with better prospects.
[FULL ARTICLE]
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Sarah has over fifteen years experience in the financial services industry. She received her MBA at St. Mary's University Graduate School of Business in San Antonio, TX and her bachelor’s degree in Economics–Finance at Bentley College in Waltham, MA. The firm she founded, Place Trade Financial, Inc., (Member NASD, SIPC) is an active member of the Securities Industry Association (SIA).
Feel free to contact Sarah via e-mail at
sarah@placetrade.com
or visit our Web site
www.placetrade.com
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Published by
Sarah M. Place
Copyright © 2006 Place Trade Financial, Inc., Member NASD/SIPC. All rights reserved.
This newsletter intends to offer factual and up-to-date information on the subjects discussed, but should not be regarded as a complete analysis of these subjects. The appropriate professional advisors should be consulted before implementing any options presented. No party assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.
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TELL A FRIEND
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