|
|
 |
|
|
Michael Piershale's Top Three Ways to Avoid Financial Woes by Lizelle Tyler
|
|
|
Michael Piershale's Top Three Ways to Avoid Financial Woes |
|
|
|
|
|
Business,Finance & Investment
|
|
In the world of modern investing, it is very easy to get hooked by a plan that sounds good, and then find out later that you are headed to financial ruin as a result. Michael Piershale is a top ranked financial advisor, and he has a few tips on how to avoid making bad decisions when investing your hard earned money. - Do Your Research: At the core of most poor financial decisions, the problem is that the investor did not know all of the details regarding the proposition in front of them. A great investment can easily turn into a major problem when the investor does not understand the details of how the investment works. If the investor is not sure about the term of the investment, what is required up front, or how the payout will be structured, the investor has two options: The first that Michael Piershale suggests is to ask more questions. This is easy and simple. Grill whoever is telling you about the opportunity until you are satisfied with their answers. Make sure that the answers are not just jargon and buzzwords. Michael Piershale's second option is equally simple: bail out. Until pen is put to paper and an agreement is signed, you are not required to do anything. If you don't completely understand the investment, get out and look elsewhere.
- Diversify Whenever Possible: Within the world of investments, Michael Piershale explains, there is a bevy of different types of programs. Some offer yearly payouts and collections. Some offer tax free earnings. Michael Piershale says that to build a stable portfolio, a wise investor should make sure that they are not putting all of their eggs in one basket. Michael Piershale advocates using different financial structures in your investment portfolio, and says that the details of which to use depend on the situation.
- Get Some Help: Even if you understand all of the details and intricacies of the different investments, most people have enough on their plates as it is that they do not have time to constantly monitor their investments. For these people, Michael Piershale advocates getting involved with an experienced financial planner. For a small fee, individuals like Michael Piershale can work alongside you to build a strong, stable investment portfolio. Getting someone knowledgeable like Michael Piershale on your side can be invaluable in the fight to avoid bad investments.
Source: http://moneyover55.about.com/od/howtoinvest/a/invtoavoid.htm .jpg)
Related Articles -
Michael Piershale, financial woes, 3 ways,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
STEPHEN BYE
Stephen Bye is a fiction writer. His most recent novels are a 5-book “The Developer” series which be...more
|
|
|
|
|
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
|
|
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
MICHAEL BRESCIANI
Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
|
|
|
|
|
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
|
|
|
