Having a financial advisor is like having a personal trainer for your wallet. They can help you get financially fit and teach you how to flex those money muscles. In a world where financial jargon can leave you feeling more confused than a cat in a dog park, a financial advisor is your guide to financial success.
Crypto currencies are considered among the big players today in the investment world! We’ve seen at one point the market cap of one of the main crypto currencies (Bitcoin) was more than $1 Trillion! Thats a 1 followed by Twelve Zeros!
Is digital currencies the future?
What is even more important than crypto currencies, is the Block Chain Technology which Bitcoin and all other crypto currencies and tokens are built on. Let’s just say that Blockchain to Bitcoin is what the internet is to the Email! There will be in the near future if not happening already al lot of applications for the block chain technology, that will be widely spread and used in a vast number of purposes.
Financial Planing is the process of thoroughly calculating your resources (Income, savings, assets, ROI etc.) and subtract them from your liabilities and future expenses. A process that we call “The Shortfall Calculation”. This can be done in a simple way just by sitting and thinking about those two main categories of your personal finances (what’s incoming and what’s outgoing) and it will give you a rough idea about how you need to manage your finances.
Best way to invest your money!!
The shocking yet obvious news is; there is no best way! There is however the best way of many FOR YOU! If there was a “one best way” to invest money, everyone would be rich! However we all know that this is not the case. What is good investment for you could simply be a disaster investment for someone else and vise versa.