Never stop learning
Dollars and Good Sense provides valuable tips and insight on how to better manage your money. We always want to see our clients grow in their knowledge of their own personal finances.
Please, don’t keep these to yourself. Share with friends, family, and co-workers. And don’t be afraid to contact us—we want to know what you think and what you want to read about next.
Will Your Money Mind-set Make Your Children Rich?
Are your financial decisions influenced by your parents? Do you see any commonalities in the way persons in your family make financial decisions? How many generations do you see this money mind-set playing out in one form or another? It is Child’s Month, and “children learn what they live” (Dorothy Law Nolte, Ph.D.). What money mind-sets are you passing on to your child/ren? Are these mind-sets positive or negative?
Getting Your Investment ‘Game On’ in Stocks
How much return did you make on your investments or savings last year? Investors made an overall return of 42% on the Jamaica Stock Exchange (JSE) in 2018, according to the Exchange’s head honcho, Marlene Street-Forrest. With such stellar performance, it is not surprising that for the second time around, since 2015, the JSE copped the top spot as the best performing stock exchange worldwide.
Retirement Planning When You Are Your Own Boss
Being your own boss has many perks. The upside of being an entrepreneur includes being able to determine the pace of your day, having the opportunity to transform your vision into reality, as well as being responsible for your own destiny. However, when it comes to retirement planning, being self-employed or being an entrepreneur can have its drawbacks, since contributions towards your retirement fund will rest solely with you.
Joint Accounts: What You Need to Know
How can I have a joint account, but still know my money is safe? This is the thought many of us have pondered, as we are asked whether or not we wish to add someone to our account, by our respective financial advisor. We have heard the stories where people have regretted this decision, because their trust was abused.