Q. “Hi Timon, I'm looking at trading next year from fresh. To cut a long story short, I have finally found a trading system that delivers profits over time and now I'm just collecting data…
Do you have any trading goals that you look at, so I know I'm on the right page for 2020?”
A. The only way to set and prepare your trading goals, is by basing your results on a proven bac... ››› more
The aim of any sports bettor is to make accurate predictions of what is likely to happen during an event.
A common mistake most sports bettors make when trying to predict a game of soccer, is trying to predict everything. From the result of the match, number of corners, will both teams score, under/over; the list just goes on and on…
Instead of trying to predict everything, focusing on o... ››› more
You no doubt know that planning for retirement from a young age gives you the best chance of achieving your financial goals for when you get there.
To really prepare adequately for retirement, you need to spend time now making some decisions. This will help you plan more effectively.
Let's take a closer look…
Work out your retirement budget
When you retire, the expenses you have n... ››› more
It's never too early to start financial planning. The earlier you do, the easier you'll find it to reach your financial goals.
So where should you start with financial planning?
Read on to find out…
Financial planning will help you reach your financial goals
Whatever your financial goals are, whether it’s to retire at 50 or pay off the bond on your house quickly, you need to put... ››› more
Whilst you may dream of investing in a share on the stock market that goes on to hit make you a 1,000% gain in a matter of months, chances are it's not going to happen.
Instead you should plan achievable financial goals and map out how you're going to get there. This is key to careful financial planning.
Let's take a closer look at how you can do this…
Draw up your financial goals
... ››› more
Investing in property is a sound long-term investment.
But it's not as easy as just picking a property to buy. You need to give it some thought and work out exactly what is the best property investment route for you.
By determining this, you can make the best investment you can that meet your needs.
Read on to find out more…
What are your goals from investing in property?
Ther... ››› more
Once you know how much money you need in your retirement savings when you stop work, have you checked if you're going to achieve it?
And what is the best way of checking?
Read on to find out…
Are you saving enough for retirement?
Once you know how much money you need in your retirement savings (read this article if you don’t), it’s vital to check you’ll achieve this goal.
... ››› more
As soon as you begin working, you need to start planning for your financial future.
This includes making provisions for your retirement and for other unexpected events. You can do this through different kinds of investments and insurance.
What you should be doing at the moment depends on the stage in your financial life. This should help you determine how your money is working for you.
Le... ››› more
Do you want to preserve your capital and see a return on your nest egg for a specific financial goal in the future?
Maybe you're nearing retirement. Or perhaps you're saving up for a large expense, such as school fees for your children or a deposit to buy a home with.
If this is you, how can you use investing to help you achieve this?
Read on to find out…
Investing to pay for a fu... ››› more
Preparing for the future requires efficient financial planning. Most people lack financial planning skills and do not know how to save for the future.
Having a financial plan gives you options. It serves as a roadmap, guiding you towards financial freedom and helping you achieve your dreams.
How can you achieve financial freedom once and for all? Here's how to take control of you finances an... ››› more
Building a nest egg should be a top priority for everyone. Unfortunately, we often forget that we should be saving more and we get carried away with spending money on useless things.
If you haven't started saving toward your nest egg, then it's high time you should. Start now with as little as you can, every step counts.
Don't postpone saving for a later time in the future because you might ... ››› more
Saving money may not be your top priority right now, but the sooner you start doing it, the better off you will be.
Why should you start saving money? Everyone has their own reasons to save money, starting from having some cash on hand in case of emergency to buying a fancy house or going on a luxury holiday.
Whatever your reasons for saving cash, it's important to know how to properly man... ››› more
Sitting down and setting investment goals is a great thing to do. But chances are you're being too optimistic with your goals. And this spells disaster. Read on to find out what you should be aiming for with your investment goals…
Realistic investment goals are vital
Thinking big is a mistake when it comes to making investment goals. It doesn’t work.
Chance are you’re going to fall sh... ››› more
Whatever your investment goals are, you're not going to achieve them overnight. And the chances are you'll scare yourself off the idea if you try to leap from nothing to millionaire in one rather large step. The best thing you can do to achieve any goal is to break it down into bite-sized pieces. And this is certainly the case for achieving your investment goals. So how can you achieve them? Read ... ››› more
Before you start picking stocks and putting your money into the stock market, there's one fundamental thing you should do first. You need to sit down and work out what you want to achieve by investing in the stock market. This is a vital step in any stock market strategy. So what do you need to think about? Let's take a closer look…
You stock market strategy need investment goals
Before you... ››› more
You might think that once you've invested in some shares and other financial products you don't have anything left to do. This isn't the case. You need to ensure you conduct a regular portfolio review to check you're hitting your investment goals. Then you can make any necessary changes. Here's how you can do it…
Get a 72 hour head-start ... ››› more
Setting your long-term financial goals and putting your money to work is only the start of achieving your financial goals. So periodically, say once a year, you need to check you're on track. You don't want to get ten years down the line only to discover that your investments have been underperforming by a long shot. Read on to uncover how you can check your investments are performing…
The im... ››› more
If you haven't already, you need to think about your retirement. Once you've decided how you'd like to spend your retirement, the crucial thing you need to work out is how you're going to achieve that. You need enough money coming in to allow you to live your golden years comfortably. Read on to discover an option worth considering…
How do you want to spend your retirement?
The sooner you s... ››› more
Most of the mistakes that you have made, are making, or ever will make as an investor, boil down to worrying too much about short-term performance. So if you want to be a successful investor, think long-term. Read on to find out more about this most important lesson in investment…
That sounds easy, John Stepek in MoneyWeek explains... In fact, you probably already think you do think long-term.... ››› more
It's getting closer to the end of the year and time to make your New Year resolutions. You should give these some thought and get ready to make them part of your investing strategy for 2014. Read on to uncover the two best financial resolutions for 2014…
This is the time of year when you might start thinking about your New Year’s resolutions, Alexander Green in Investment U explains...
Th... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.