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How horribly does a market crash affect my retirement?

 

What if a second market crash occurs

Our grandparents used to have many children, as in a society where self-subsistence was prevailing, children would care for their parents in old age. Obviously, many things changed at a rapid pace, and today we save for our retirement ourselves, our children will travel the world while we smoke our pipe on the terrace. In a nutshell, instead of raising children and spending time and effort on a large family, we now have small families (often below the fertility rate), and we spend a lot of effort in balancing our budget to make sure we save enough for our retirement. That is at least what my mom told me to do!

 
Term life versus whole life - The battle explained

wealth accumulation with whole life insurance

There is a big debate going on about life insurance, should you buy whole life or go for term life and invest the rest instead. The good news is, you can find out for yourself.

 
How is Your Core Money Doing?

Wealth Manager screenshot

Crossing the knowledge Rubicon: Personal finance demystification to allay your fears and be pro-active on investments

 
Do you wonder why Central Bankers worry about inflation?

Here is why it matters to you

Let's assume the current increase in gasoline prices and the resulting pressure on the household goods decrease your savings by $100 a month. Taking the default values of Prosperity's Wealth Manager, the monthly contribution to your portfolio decreases from $500 a month to $400 a month. Figure 1 shows you the Wealth Manager simulation with $500 investments a month, and Figure 2 shows you the loss of future wealth due to the inflation pressure.

 
Shopping around for a mortgage pays off
 
Increasing your net worth by shopping around for your mortgage

Did you ever wonder how much more money you would end up with if you could get a 1% interest rate rebate on your mortgage loan? I am sure you did wonder about it, however, did you find out?

 
Your Current Asset Allocation is a Good Starting point

 

Defining my asset allocation with the Prosperity Planner

The wake-up call has been rude, and it is probably not finished yet. Markets were tumbling at the fastest pace I have seen in my life, and because of what? Short-term greed and ill-conceived incentives based on taking the money immediately, running with it and leaving the pieces to the investors.

 
Tracking Past Market Performance as a Benchmark for My Future

 

The S&P performance over the last 50 years

Performing a simulation for the future using returns of 7% to 8% shows a smooth graph, but how would my savings look like if I used the real past performance of the stock market?

 
Your best 'Making Money Grow' strategy

For those that want to optimize the way to make their money grow, learning how to save money is a good start. Indeed, reducing short-term debt can yield the highest return you've ever seen.

 
Video: Planning for a property
video screenshot

Watch the video on how to plan for a property; important facts and figures and how to use the Wealth Manager

 

 
Back to Basics

Meyado’s Mark Paine offers executive investors some tips on re-aligning portfolios in a time of volatility.

 
Shall I buy a car or lease a car?

 

Buying a car in the Wealth Manager

I always wondered if by leasing a car I would be better off than buying cars and having to pay off my car loans. I finally got the answer, without having to make complex calculations with Excel!

 
The power of reverse mortgages

 

the power of a reverse mortgage seen graphically

The benefits of a sale and leaseback, or reverse mortgage, are powerful, but what is it all about?

 
The shake-out in the financial advisory industry
 
Investing in Risk
Long term risk graphically using the Risk Manager

Being able to assess risk allows you to make sure you are not caught unguarded when investing in financial products

 
Financial Education Series: Governments to Push for Financial Education

With modern communication technologies such as the Internet and mobile phones, the access to information is cheaper, faster and easier than ever. No wonder that financial education is exploding, with many investors going online to do some research on financial products before investing. However, financial education is still in its early stage, with many investors left unaware of the potential returns as well as the risks associated with investments. Government policies devote ever larger budgets to mass financial education programs

 
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Prosperitypersonal in the Press

TeaEngPeng.com

"I am very impressed because it is graphic intensive with drag and drop feature, yet very fast processing time. You got to try it to believe."


 

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