Why Do I Need Advice from a Broker?
Are you the type of person who will read as much as possible
about potential investments and ask questions about them? If
so, maybe you don’t need investment advice. In that case
AKSIONER International Securities Brokerage has a product
for you, providing a simple gateway to invest globally as
If you’re busy with your job, your children, or other
responsibilities, or feel you don’t know enough about
investing on your own, then you may need professional
investment advice. AKSIONER International Securities
Brokerage provides an advised brokerage service for such
Remember, there is no such thing as a free lunch.
Professional financial advisers do not perform their
services as an act of charity. If they are working for you,
they are getting paid for their efforts. You should always
feel free to ask questions about how and how much your
adviser is being paid. And if the fee is quoted to you as a
percentage, make sure that you understand what that
translates to into your base currency.
I do not have any Formal Financial Training; Where do I
No one is born knowing how to save or to invest. Every
successful investor starts with the basics.
Sit down and take an honest look at your entire financial
situation. You can never take a journey without knowing
where you’re starting from, and a journey to financial
security is no different.
You’ll need to figure out on paper your current situation—
what you own and what you owe. You’ll be creating a “net
worth statement.” On one side of the page, list what you
own. These are your “assets.” And on the other side list
what you owe other people, your “liabilities” or debts.
Subtract your liabilities from your assets. If your assets
are larger than your liabilities, you have a “positive” net
worth. If your liabilities are greater than your assets, you
have a “negative” net worth. You’ll want to update your “net
worth statement” every year to keep track of how you are
doing. Don’t be discouraged if you have a negative net
worth. If you follow a plan to get into a positive position,
you’re doing the right thing.
The next step is to keep track of your income and your
expenses for every month. Write down what you and others in
your family earn, and then your monthly expenses. Include a
category for savings and investing. If you are spending all
your income, and never have money to save or invest, you’ll
need to look for ways to cut back on your expenses. When you
watch where you spend your money, you will be surprised how
small everyday expenses that you can do without add up over
Many people get into the habit of saving and investing by
following this advice: always pay yourself or your family
first. Any time you have automatic deductions for savings or
investments made from your paycheck or bank account, you’ll
increase the chances of being able to stick to your plan and
to realize your goals.