Financial planner is a profession that requires high level of social skills, and at the same time requires strong technical knowledge. Social skills are a proficiency in finding common ground with others and building rapport. Financial planners with social skills are able to build vast personal networks and are usually experts in managing relationships. They need high emotional intelligence to be successful in financial planning industry. Motivation, self awareness, empathy and self discipline are some of the quality of a successful financial planner. Undeniably, a great salesperson possesses good social ...

When you are speculating or investing, it involves trading. Trading is the process of buying, or selling. We don't know your purpose behind the trade. Gambling is an activity that may or may not involve trading. In trading, a commodity can be bought and sold. In gambling, the ticket or the bet you wager can't be sold. Gambling usually gives greatest outcome in the shortest duration if it succeeds. Trading Definition: buying or selling securities or commodities Gambling Definition: The voluntary risking of a sum of money on the outcome of a game or other ...

Last week, I shared with you about value-cost averaging, which is an advanced version of dollar-cost averaging. In case you still don't have any idea about the amount of retirement fund you should accumulate, read this post about finding your retirement number. Below is the other articles around the personal finance blogosphere which worth your time spent reading it. [Budget] Screenshots: Maths behind Spaceflight Participant and trained doctorsExplain what is a bad budgeting practice that you shouldn't follow.[Cash Flow] The Simple Dollar » Your Money or Your Life: Seeing ProgressPreparing graph that ...

Blog Carnival personal finance money tips archives | submit post Welcome to the October 20, 2007 edition of personal finance money tips. Dax Desai presents 4 China Stock Picks posted at Dax Desai, saying, "4 Great Chinese Stock Picks & 1 Day Trading Pick" Tracy Coenen presents Bank of America cheating 80-year-old woman out of her money posted at FRAUDfiles. debtdieter presents Taking Advantage Of Work Benefits - Mobile Phone posted at Debt Diet, saying, "Although I don't pay for my phone any more, I know how to get a good deal for yourself with your mobile ...

That's no joke that a competent financial planner really speaks the language of other professionals. When a financial planner explains to a businessman about the arrangement of buy-sell agreement, he really sounds like a lawyer. A buy-sell agreement may be thought of as a sort of "premarital agreement" between business partners/shareholders. It is sometimes called a 'business will'. An insured buy-sell agreement (agreement funded with life insurance on the participating owner's lives) is often recommended by business succession specialists and financial planners to ensure the buy-sell arrangement is well-funded and also ...

There is a movie about cloning human beings made in 2000 titled The 6th Day starring Arnold Schwarzenegger. In the not-too-distant future, when cloning plants, pets, and human organs is accepted, a sinister corporation has begun illegally duplicating entire human beings. Before that happens, cloning a person is still not possible now no matter how much money you have. In this article, we will discuss the possibility of cloning your life values, which is an essential part of leading a person's life. Photo by patrickmayon At the moment you leave this world ...

1. AXA Sees Asia as key AXA-AFFIN Life Insurance Bhd (the joint venture between AXA APH and AFFIN Holdings) would consider acquiring other insurance firms if its bid for Malaysian Assurance Alliance Bhd (MAA) failed. However, the part of the news that catch my attention is the personal story of AXA APH chief executive for South-East Asia, David Matthews. He recalled how his first client, a 21-year-old man was killed in a motorcycle accident not long after the man had bought insurance. The man's aged father, who lost a ...

Mary Beth Franklin, senior editor of Kiplinger's Personal Finance Magazine discusses the latest retirement guide in the video below. Some of the tips mentioned including saving at least 15% of your income, and also undergo a fiscal check up beside the physical one.

If you had invested in unit trust or mutual funds, I am sure that you had heard of Dollar-Cost Averaging (DCA). Another strategy not commonly used in unit trust investment is Value-Cost Averaging (VCA). For long elaborated explanation, you can refer Rajen Devadason's article here. VCA is more advanced than DCA. It requires more calculation and monitoring. Thus, it should provides better return than the normal DCA strategy. For DCA implementation, we invest the fixed amount of cash at a regular basis, e.g. RM500/month, RM3000/quarter or RM10,000/year. But for VCA, it depends ...

Sunday is not a blogging day. But it is a suitable blog-reading day. In case you missed my best article in last week, here are the ones I think you shouldn’t miss: Why Financial Planner is your Best Friend? and Your Financial Adviser is not a Magician. [$$ Management] Millionaire Mommy Next Door: Uncover The Truth About Needs and Wants The author wrote a series of baby step to financial freedom. [INVESTMENT] Social Investing Site Covestor Now Collectively “Manages” $100 Million @ TechCrunch Game become reality. This group of investors manage money that's linked ...