Your financial plan needs to keep pace with larger socioeconomic
trends. Here are smart ways to manage the five trends that we think are
important to you over the next five years.
1. Your cash and bank savings accounts will continue to earn next to nothing. The combination of too much global debt,aging demographics and low energy prices force many countries in the developed world to lower the interest rates they pay on short-term notes. European countries are paying negative interest rates to short-term lenders, meaning the lenders must pay a fee to own debt securities.
Global economic growth remains muted, and there's little reason for the Federal Reserve to raise interest rates significantly over the next five years. This means that savers and investors continue to earn very low returns on their savings and fixed income portfolios.
2. Too much information is the norm. Technology allows smart marketers to better target financial product or service promotions to you via blogs, social media and emails. With so many investment options and relatively easy access to competitive products, analysis paralysis could cloud your decision. The growing abundance of information, however, does not provide actual insight into your personal situation.
3. The costs of investing will continue to come down. The growth of assets in exchange-traded funds and low-cost index funds suggests that investors want lower fees. In the world of investing where so many factors are out of your control, lowering your expenses is a smart way to try to boost returns. But cost is not the most important part of an investment strategy. Consistent savings, investment diversification and comfort with volatility are all larger factors in creating financial security.
4. Life insurance is going to get more expensive. As a result of the low interest rates and investment returns, insurance companies are likely to earn less on their portfolios, which in turn leads to premium increases for whole and term life policies. Premium income and investment portfolio performance are the chief ways insurers build capital, which they use to pay benefits.
5. Your personal information is more likely to be stolen. No electronic transaction is completely safe. Unfortunately, you can't fully control what personal information you provide while using new technologies (like Apple Pay or your Starbucks app), nor can you make sure the data security of the companies you do business with, including your health care providers.
Elite Wealth Creators have been involved in the property and finance industry for over 20 years. Our Investment Property Strategists deliver investment grade properties to the investment market and mediate between the developer and the investor. We also assist first home buyers in purchasing their first home in QLD through our house and land packages – this includes receiving $20,000 cash back towards their mortgage by buying one of our full turn-key packages.
Our service will take you through the complete process of buying positive cash flow property, including:
• educating you on positive cash flow and the ability to pay your mortgage off years in advance
• saving you thousands of dollars in interest
• supporting you in the decision on which property to buy
• assisting in the organizing of your finances, if required
• preparing you for settlement of contracts
• liaising with other professional advisers on your behalf if required.
Our Strategists specialise in delivering quality positive cash flow property and also helping investors pay off their mortgage years in advance
http://www.
sales@elitewealthcreators.com
1800 GO ELITE
1. Your cash and bank savings accounts will continue to earn next to nothing. The combination of too much global debt,aging demographics and low energy prices force many countries in the developed world to lower the interest rates they pay on short-term notes. European countries are paying negative interest rates to short-term lenders, meaning the lenders must pay a fee to own debt securities.
Global economic growth remains muted, and there's little reason for the Federal Reserve to raise interest rates significantly over the next five years. This means that savers and investors continue to earn very low returns on their savings and fixed income portfolios.
2. Too much information is the norm. Technology allows smart marketers to better target financial product or service promotions to you via blogs, social media and emails. With so many investment options and relatively easy access to competitive products, analysis paralysis could cloud your decision. The growing abundance of information, however, does not provide actual insight into your personal situation.
3. The costs of investing will continue to come down. The growth of assets in exchange-traded funds and low-cost index funds suggests that investors want lower fees. In the world of investing where so many factors are out of your control, lowering your expenses is a smart way to try to boost returns. But cost is not the most important part of an investment strategy. Consistent savings, investment diversification and comfort with volatility are all larger factors in creating financial security.
4. Life insurance is going to get more expensive. As a result of the low interest rates and investment returns, insurance companies are likely to earn less on their portfolios, which in turn leads to premium increases for whole and term life policies. Premium income and investment portfolio performance are the chief ways insurers build capital, which they use to pay benefits.
5. Your personal information is more likely to be stolen. No electronic transaction is completely safe. Unfortunately, you can't fully control what personal information you provide while using new technologies (like Apple Pay or your Starbucks app), nor can you make sure the data security of the companies you do business with, including your health care providers.
Elite Wealth Creators have been involved in the property and finance industry for over 20 years. Our Investment Property Strategists deliver investment grade properties to the investment market and mediate between the developer and the investor. We also assist first home buyers in purchasing their first home in QLD through our house and land packages – this includes receiving $20,000 cash back towards their mortgage by buying one of our full turn-key packages.
Our service will take you through the complete process of buying positive cash flow property, including:
• educating you on positive cash flow and the ability to pay your mortgage off years in advance
• saving you thousands of dollars in interest
• supporting you in the decision on which property to buy
• assisting in the organizing of your finances, if required
• preparing you for settlement of contracts
• liaising with other professional advisers on your behalf if required.
Our Strategists specialise in delivering quality positive cash flow property and also helping investors pay off their mortgage years in advance
http://www.
sales@elitewealthcreators.com
1800 GO ELITE
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