The majority of the people get passionate about money instead of managing it in a logical matter and have the fear about losing money that holds them back in their lives says an ex financial adviser Sachin Karpe. Most of the common fears they have about financial crisis, managing health care insurance, fear of would they be able to finance their children's education and losing their job.
Every investor or individual should be aware of their investment choice have both financial and emotional consequence. Your feelings are one of the impacts influences your investment decisions. Your fears and emotional desires can lead you to make irrational, illogical investment decisions and they can keep you from making smart decisions on investment. Keep aside the fear and consult an expert financial adviser, banker, lawyer or a friend to help you review and understand your financial documents. Regardless of what you discover, Sachin Karpe says just through comprehending what the circumstances is, would you be able to manage it and progress in the direction of getting on stronger financial balance.
0 comments:
Post a Comment