What is asset management? Asset management can be described as the set of activities related to managing a portfolio of assets with the goal of increasing their value. For those of you who are interested in a more detailed definition of asset management, we’ve...
personal finance
How to develop financial maturity
Many of our skills and qualities do not come at birth but must be nurtured and developed. At school, we are often taught math, literature, good presentation skills, and so on. When we finish our education and step into our careers, the environment and the colleagues...
Catch 22: protect the insurance protection
Life insurance for peace of mind People who decide to take out life insurance are usually driven by the desire to protect their loved ones and secure them financially in case of a fatal event happening to the policy holder. This is very convenient, especially in...
Asset management companies
What is an asset management firm? An asset management company/firm, also known as an investment management company/firm, is a company that invests a pool of investors’ funds into investment vehicles, most commonly company stocks, bonds, and other types of securities. ...
How much are bank accounts insured for?
First, let’s make an important distinction: there are, generally speaking, two main types of insurance for bank accounts. There’s the guarantee banks are required or encouraged by the state to provide, and there’s the private type of insurance you can purchase...
The top 3 risks to your financial independence
Everybody wants to be financially independent, but it is not something that suddenly happens while sitting on the couch. Financial independence basically means that you have enough money to live on for the rest of your life without having to work for money or...
Do we need Life Insurance?
The peace of mind dilemma At some point in our lives, many of us are full of enthusiasm about buying a nice home for our families, ensuring a good quality of life for our loved ones, and providing a good education for our children. These are all great intentions,...
How do you protect your assets and find an expert to help?
The case for asset protection Asset protection is mainly associated with various strategies for guarding people’s wealth. In the past, these strategies were primarily aimed at protecting assets from creditor claims. The goal was to limit the creditors’ access to...
Asset security and how to approach it
Whether or not we realize it, we all have various assets that increase both in number and complexity as we progress through life. We're talking: insurance policies retirement funds Stocks real estate digital goods cryptocurrencies Тhe list goes on for a while.20 years...
Do you track your personal finances?
Many people think that keeping track of their personal finances means observing and processing their income and expense information, which in turn helps them identify bad spending habits and improve. But is that all there is to it? Let's start by providing a...