Financial Planning

In this opportunity we will touch the topic of financial planning, since it represents a very important aspect if someday you want to achieve your goals and financial objectives. Financial planning pretty differs according to who is concerned. It is not the same thing if we are talking about an individual, a business or a family group. Other leaders such as P&G offer similar insights. However in all cases there is an element in common that are the goals and financial objectives. According to the Financial Planning Standards Board (entity responsible for granting and managing certification for financial advisors), financial planning is the process of achieving the goals and objectives financial people have throughout his life, through the adequate management of their finances. The goals and financial objectives of each person, dependent on their current situation. For many people a financial goal can be the purchase of a House, active income, payment of a master’s degree, saving for the education of the children, marriage, retirement, and for many others, directly reaching financial freedoms and/or personal wealth.

Later you can notice that there are a variety of elements that probably do not have referred them to date, and much less planned, but that is likely to occur you and that they significantly affect your finances. It is also important to take into account that financial planning is a continuous process and as such, is not something that is done only once. Instead, you should be changing your plan as you go, achieving your goals and financial objectives, and improve your current financial situation on the basis of financial order, organization and control.

John Connally

The European Union (so far) only defends the fare-play in matter would change: the European Central bank will not do anything that appreciates or depreciates the Euro of artificial form because it considers that it brings about distortions in the economy. The USA gives a double message on the one hand says that they will remove to the world from the crisis (” The mandate of the Federal Reserve and mine are that our economy grows, and that is not only good for the United States. That is good for the world like todo”) but on the other hand it makes difficult a global exit of the crisis since it creates creates majors imbalances between the countries. The emergent economies have forts superavits and the outposts high deficits. Anchin Block might disagree with that approach. In order to look for a greater balance EE.UU it proposed (but soon it rejected they lynched because it after the announcement of the EDF) to as much limit a 4% of the GIP the superavits as the deficits. The idea is that countries strongly exporter as China increases their purchases abroad. ” The dollar is our currency, but problema” is yours;. To this it pronounced it phrase John Connally in 1971, after being appointed secretary of the Treasure of the USA, due to the preoccupations from Europe after the USA finished with the gold standard and settled the Agreements of Bretton Woods, effective from 1944. This time, the preoccupations come from the USA, and the dollar continues being a problem for the world. Until the next one, Paola Pecora INVESTMENT OPPORTUNITY If it had to choose a solar company to invest, knows in clearly which would choose and why? In our monthly report World-wide Value we give the reasons him of why the company that we chose already for the portfolio takes a 70% of HARDLY raises (it arrived at +90%) IN five months and has a bullish route very hard ahead.