Plan Before Invest

Invest with smart not only help you to protect your investment but also protect you from the effect of loses such as you living style, living cost, etc. This plan is help you to achieve you goals in your investments and life. With a good & stable plan, it can help you to make money, achieve your targets, and have a stable living standard. So, with this plan, you will have a clear strategies and know how much and where you are going to invest to achieve all these.

 

Q: What is the relation between my goals and my investment?

A: As a investor, you must know how to protect your fund, and fully utilized of it, then use it to turn into your highest profit. This is why you need to set a clear plan for your investment target. If your plan is to use the returns of investment on your life goals and other specific purpose, then this will be more easier plan. This is include of financial protection / independent for you and your family,  make sure that that is sufficient of saving when there is needed, children education fund, plan for retirement life, your dream car / house, or round the world. It is tough to accumulate your wealth and achieve your goals in a certain period of time only by saving. So, you need to start invest. In your plan, you might indicate the amount, when and what to invest, and targeted returns of investment.

 

Q: What is financial plan?

A: A financial plan is very important to an investor, it just like a coach(financial consultant) of a soccer player. He know what his player wants (Champion), then he start to train them, and set up strategies for them to work towards their target (champion). Beside that, the coach also need to help them to prevent some injury / interruption (loses) during the tournaments or training.

Q: Can someone help me to set up my financial plan?

A: Of course, you can get a financial consultant to assist in set up a workable & stable financial plan. He can assist you to set the target / goals, set up the strategies to achieve goals, and understand which saving plan or investment tools is more suitable to you. The financial consultant need to build up a good relationship and understand what is your wants. But please remember that, a responsible financial consultant will not force you to invest in certain investment project, he have to respect / listen to your comments before making decision, it is because that is your fund and you have to responsible for your financial situation.

Q: How do i set aside the money for investment purpose?

A: You need to have a good financial discipline. You have to come out a plan with budget such as income, monthly expenses, control your debts, and then start saving (every month).