What kind of college background if any do I need to become a financially adviser?
Answers: Most school business programs offer a Finance concentrate so that should be your main choice. After getting your finance degree you should pursue your CFA or CFP which for both the prereq is a Bachelors and 3 years work experience. For more information check the links below.
depends on location.
visit dave ramsey.com u'll like what u learn.
You need a minimum of a bachelor degree in an appropriate business field such as accounting or finance, and to become certified financial planner you need to pass the state required test and be licensed. In some cases you may have to have education beyond the bachelor degree. for example, to pass the CPA exam. Many financial planners are CPAs or CFAs.
just a certificate mate look at that www.ifs.com
Is America now enroute to the landfill?
Answers: No, it is just a matter of time until we see recovery.
If the governemnt keeps spending like drunken sailors on entitlement programs, ethanol, and feel good social programs, then yes we are headed for the landfill.
If we get a wise leader who has back bone in the white house, then there is a chance to save this republic.
It isn't really clear. I realize America is not going to last forever, no countries do and if you look at other democracies dead long ago, we are probably 60-70 percent of the way through of our empire. If anything is for sure, it is that one day America will be no more. maybe not even in our life times but someday.
America is a big and strong power though, it takes a good wind to blow us over... it would take a lot of serious problems to make America collapse.
Are we on the way, yes, all countries are. none last forever, are we on the way quickly? No. We are going along at a reasonable pace.
You obviously don't know anything about the USA, we only get stronger in adversity and come back better than ever. Read your history books.
Money within the wall? What should I do beside it?
I have more than 50 majestic in the mound and I’m not really doing anything with it or planning on doing anything next to it. I’ve heard everything from getting stock index funds to CD's. What would you recommend I do and why? Please roll a source if applicable.Answers: Standard investment advice is that you should invest contained by a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too risky. Most folks own a dificult time buying a properly balanced portfolio of stocks on their own. They will misbalance their portfolio by buying adjectives small stocks or all growth stocks, or some other misbalanced assortment of stocks. Unless you know what you are doing, it is best to buy mutual funds. I close to Vanguard.com, other people resembling Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most associates you will invest part of your money aggressively within stock funds, and part conservatively surrounded by money market funds and bond funds. Vanguard have an on-line questionnaire which will give you an view of how to do "Asset Allocation," determining how much to put in respectively type of fund.
If your company offers a 401K plan at work, try to invest the most you can. The money grows duty free, and some companies will match your contribution. Investing surrounded by a mutual fund IRA is also a good notion. If you have children, you may want to consider a 529 plan or other college funds plan that grows tax free.
I close to index funds. Because of their broad diversification, you are less credible to have a dramatic drop surrounded by value. They also enjoy the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% surrounded by a foreign stock index fund. However, there are heaps different opinions out nearby on what the best mutual funds are. Read the links below and form your own opinion.
Buying a house instead of renting will salvage you a lot of money within the long run. You don't have to settle up rent and you build equity in your house instead. Buying rental property can also be a moral investment. However, being a proprietor can be hard work, and masses people are not polite at it. If you don't know how to handle deadbeat renters, you can enjoy trouble.
If you have high-interest debt, close to credit cards, it is best to pay this past its sell-by date first before trying most of the investment thinking above. You should also have 3-6 months of earnings saved up as an emergency fund contained by a bank or money flea market fund before trying more risky investments.
Believing proposal you get on runeye.com can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
Sources:
http://www.vanguard.com/VGApp/hnw/planni...
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetalloca...
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin...
http://finance.yahoo.com/funds/basics
Asset Allocation Calculators
(Determining how much to put within stocks and how much into bonds and money markets is a personal declaration depending on your financial status. These Asset Allocation questionaires give you a rough thought how to do this. I like Vanguard best, but try some of the other sites as very well.)
https://personal.vanguard.com/VGApp/hnw/...
https://ais2.tiaa-cref.org/cgi-bin/WebOb...
http://www.ifa.com/SurveyNET/index.aspx
Web forum: http://www.diehards.org/
(Many investment web forums are overrun by scam artists. This one seem the most legitimate site.)
529 plans: http://www.savingforcollege.com
There are heaps investment advisers but be careful. I invested 60,000 with RBC not here it for 5 years and after their mismanagement only get back 23,000. Interview the money executive and then see what their track dictation is. Just going into mutual only should not be the singular option.
An interesting investment is 2nd mortgages. Companies specified at MIC's pool your money and invest it. One Cove mortgage in BC have a return over the years of approximately 11%.
Pay off debt.
Leave some contained by the bank contained by case of emergency.
Put some of it in a "suffer fund" which is a mutual fund that makes money during a recession.
From more than 15 years as trader contractor and broker:
1. You should invest and follow your sences first
2. Try to diversified your assets like stocks, bonds, commodity foreign exchange and etc.
3. Build Your portfolio according to the risk you will to help yourself to
4. Never buy assets like CDOs that you dont fully become conscious just because someone told you
5. Trust not a soul its your money only!
6. Its better to buy T bills fairly loosing money on Stocks
7. Blame yourself only for loosing money
8. Invest for long residence
Now start to study and invest your money slowly and carefully
i guess the rest is on the internet !
I'm sure you hear of the story of the Cricket and Ant...
Go by Joe's advice...invest and sort merry..
Cheers...
You should learn to trade the stock open market.
Many professionals can make huge returns doing so.
All you involve is to know some rules and get a system.
This website will give support to you out a lot. I really recommend you travel here if you are planing to make money contained by stocks.
Here goes...I am not going to push for you because all I know nearly your finances is that you've about $50k sitting within a bank justification that's drawing minimal interest. Since I d/k weather it's the only asset you hold I can't offer you suggestion. PEACE!