Everyone receives advice differently. On a recent camping trip, a friend tried to tell me how to start a campfire. I did not take this advice very well. Some of us figure we are experts in everything, but this is not always the case. If lots of smoke counts as a fire, then yes, I did get one started! When it comes to your finances, advice from a financial expert should always be considered.
Receiving financial advice early in life can have lasting long term benefits. Those benefits can include, but are not limited to: having an emergency fund to help with life’s unexpected expenses, saving for retirement to ensure the financial strength to retire on your own terms, and protecting your family from the financial issues stemming from premature death or a long term illness or disability.
Many young people use a variety of different ways to seek out advice these days. There are numerous online resources that a simple Google search can pull up on basically any financial subject imaginable. How this material applies to your situation is very important. By meeting with a financial advisor, they will be able to clarify your situation and point you to the solution that makes the most sense.
Financial advice (just like directions for starting a campfire) can be interpreted in many different ways. Please contact one of our Credential Asset Management Inc. Mutual Funds Investment Specialists if you have questions regarding your financial situation.
Mutual funds and financial planning services are offered through Credential Asset Management Inc. The information contained in this article was obtained from sources believed to be reliable; however, we cannot guarantee that it is accurate or complete. This article is provided as a general source of information and should not be considered personal investment advice or a solicitation to buy or sell any mutual funds.