Five Reasons Why You Need a Financial Advisor

Five Reasons Why You Need a Financial Advisor

 

  1. You need the expertise of a Financial Advisor to evaluate your financial situation. Knowing how much money you have for spending and for saving is crucial.  Some of your money may already be allocated; but it can be converted into cash. While other investments could be invested for a set term. You could have a savings account that is not offering a competitive rate of interest. A Financial Advisor can help you to realize better options for investing your money; with a bank or other financial institution.
  2. A Financial Advisor could help you earn maximum earn on you principal investment. Perhaps you could earn more interest on your money by investing it in mutual funds. Mutual funds provide the opportunity, to have your money professionally invested in a group of stocks; as part of an organized portfolio.  Your money will be managed – by a licensed and fully trained – fund manager, who has accredited designations, from the Canadian Securities Institute. A Financial Advisor can guarantee that your money is assigned to a reputable Fund Manager. A Financial Advisor has been properly trained and received relevant certifications. A Financial Advisor has a wealth of experience and can maximize the potential of your portfolio.
  3. You need the expertise of a Financial Advisor, to determine if you have adequate insurance. Perhaps you have many insurance policies and are uncertain as to the full benefits of coverage. You may be paying too much money for the coverage provided. A Financial Advisor can review your policies, to ensure that you have relevant insurance coverage. Your insurance products should be tailored to your lifestyle and long term goals. Some policies can be redeemed for their full value if not used. A Financial Advisor can review your policies with you, to make sure that you will be able to receive the maximum benefits.
  4. A Financial Advisor can evaluate your mortgage insurance policy. You will need sufficient coverage to protect the balance of your mortgage. Do you know if your current coverage is   sufficient? Do you know the benefits of having privately held insurance, to cover a mortgage balance? A Financial Advisor can provide you with options for mortgage insurance, which can cover you, regardless of your age, which may not be the situation with your current lender.
  5. Retirement planning is another arena where a Financial Advisor can provide reliable guidance. Will you have enough money to retire? Will you have to pay penalties or fees when you cash-out your Registered Retirement Savings Plan or Registered Retirement Income Fund? Do you know all of the details, on the benefits of government retirement benefits? Are you aware of the available options, such as; Canada Pension Plan, Canada Pension Plan Post-Retirement Benefit, Old Age Security, Guaranteed Income Supplement, Low Income Allowance, and International Benefits, if you worked in or lived in another country? A Financial Advisor can provide specialized advice. A Financial Advisor will make sure you are aware of various strategies for ensuring a stable retirement; as well as many other possibilities.

 

For more details, please visit: BigPitch.ca to complete a contact form for a Financial Advisor to follow-up with you.

 

 

Domain Exchange

What is a domain name exactly? A set of words or a phrase, numbers or symbols or a mixture of all components, combined with an extension, known as Generic Top-Level Domain. There is even a day designated for Domain Names – known as World Domain Day: worlddomainday.com

Domain names are forms of online real estate, which are are bought and sold, like commodities on a stock exchange: The Domain Exchange. Pre-Registration and Priority Registrations of new domain extensions are available at high prices to ensure the likelihood of one being able to obtain one’s preferred domain name. If there are many bidders for a new Generic Top-Level domain, then the domain name will be auctioned. This entire procedure is in place even before the domain is even sold.

Once a domain name is sold, the successful purchaser can either utilize the domain name for a website or as forwarding domain. Or one can list the domain name for sale at auction. An auction can last for a day or a week or for another set period. One can also list the domain for sale, as a Buy Now or Make Offer posting, with a minimum reserve price.

If one uses the domain name and then does not renew it, then one can lose the right to use it; but not immediately. Instead, one will receive e-mails from the registrar, indicating that one should renew the domain name by a certain date or lose it. Even at this point one can still sell the domain name or perhaps redeem it. If one waits too long to renew the domain name then the cost to use it can increase exponentially, and include an administration fee; as well as a renewal fee.

All of these bizarre processes would otherwise require an accredited course from a reputable school. Where can one take such a course, to become a domain name professional? Is there a College or University, which offers a course on Domaining? Should one need a license to buy and sell domains? They are a form of intellectual property. Some words or phrases could be trademarked and owned by a business. Perhaps a course would be a good idea.

Thorough research about various searchable trademark databases should be conducted before one begins purchasing domain names, especially if there is a advertising, copywriting or marketing focus to the domain names to be registered. This will ensure that one has done due diligence to prevent infringing on the intellectual property of another company, entity or person.

Webinerd

How many Webinars can there be in a week? Every day I receive invitations to attend webinars on a variety of topics. But how can I choose which one’s are relevant to me personally? How can I determine which one’s offer useful information, which could help me professionally? Perhaps some webinars may not offer useful information and instead are just platforms for sales pitches. .

Should I prepare to take notes during the online seminar, or can I rely on the the presenter to send me slides of his / her presentation? Will I receive a copy of the webinar if I I am unable to attend?

To maximize one’s time one should consider these points and perhaps e-mail the webinar organizer with specific questions before registering for a webinar.

Webinars are an opportunity to interact with many participants via video conference. There is usually an initial presentation by a keynote speaker through video, or the presenter may speak, simultaneously during a slideshow.

Usually webinars exist for the purpose of selling intellectual property, offer advice or sell an online lecture series. Webinars that have a fee may still offer an initial free seminar for the first meeting, as a sample. There is usually very little or no valuable information provided during the first complimentary session.

The sample session is a great opportunity for prospective students to quiz  the host on the value of signing up, as well as a great time to inquire about the structure of the lecture series. Finding out if one will receive a copy of any slides or summaries of each daily or weekly lecture by e-mail is an important query. Also, it is important to know if one can view a recorded video of a missed lecture at a later time and date. Perhaps the host offers access to account where there is a media library that contains all relevant presentation tools, to be accessible by paid members or students upon successful verified login.

During the initial complimentary session one will want to determine if the webinars will fit into one’s schedule and ask if there are alternative schedules, if one is unable to attend at the initial set time. Even if there may be recorded sessions one will most likely want to be able to attend live seminars to be able to ask questions and to be able to hear in real time what other students are asking the host.

Sales Pitch

Have you ever had a sales person call you to make sales pitch or to promote an idea? Perhaps the sales person asked you many questions about your company. Possibly the sales person complimented you on your career accomplishments or the success of your business.

Is there a difference between a hard sell, and a soft sell sales presentation? In a direct sales campaign the sales person will upsell the value of a product or service, and create an imaginary need for everyone to acquire it. This strategy usually involves a lot of fast talking, upbeat phrases, and seems to be full of high energy. Whereas, in an indirect sales approach, the sales person will be more focused on assessing the requirements of the customer, and the applicability of the product or service.

It is bizarre that the presentation of the sales person can influence a potential customer to purchase something that one may not have initially desired. Yet based on the projected emotions of joy or happiness in favor of the sale (by the sales person), one will almost feel obligated to buy what is being pitched.

Following a precise sales cycle or employing a sales strategy is key to making sales often. If a prospective client inquires about your product or service, be sure to reply to the inquiry withing a short period of time. If the prospect called your office, they are shopping around for prices and estimates. You do not want one of your competitors to secure the sale meant for your company. When you make your reply call be sure to have notes from the initial inquiry. You do not want to ask questions that may have already been answered during the initial inquiry. Also, have a note pad handy for making notes, during your call. Even if you use a laptop or other type of computer, taking notes manually is best. A unique thought process occurs when you put pen to paper to write something down.

Regardless of the type of sales strategy is utilized, one should be sure to pause, and consider whether one really wants to buy something before making a purchase. Should one ask the sales person to call later – so that one can properly evaluate one’s desire to buy what is being promoted – then sales person will seem insistent that one quickly purchase the item. This is not right. One should be confident that one knows what one wants or does not want to buy.