by Tom Aguilera
Since 1996, Tom has had a passion for helping investors make sound financial plans and discovering the investments that are right for them. During this difficult time, you may wonder if you’re making the right decisions when it comesto your finances. Whether you’re worried about job security, your investing decisions or having enough emergency savings to weather the storm, here are some tips to help you stay on track.
Some people worry about their investments even during ideal stock market conditions. This is part of human nature, but you shouldn’t allow this fear to stop you from staying invested in the stock market during periods of volatility. No matter what your circumstances, or how much money you have to invest, knowing and understanding your investing personality can help when choosing investments to achieve long-term investing success and reduce your apprehension about market volatility.
When you head into your 30s, your life is filled with more responsibilities. No matter if you’re single, married, or have started a family, making key financial moves can help you take advantage of financial opportunities and weather setbacks when they occur, because they will. Here are 10 steps that can help you build security and reach your financial goals.
When you reach your 40s, most likely your responsibilities have increased significantly. With that in mind, it’s more important than ever to figure out how to allocate your hard-earned dollars. To manage day-to-day expenses and accomplish your longer-term financial goals, you’ll need a plan you can live with and adjust it to your changing needs.
When you’re just starting out in your career, you may worry if you’re making the right decisions, especially when it comes to finances. You’re not alone. But creating an action plan can help you stay focused and learn to become a savvy money manager. Here are 10 tips to help you make the most of your finances and overcome setbacks that may occur.
By Monica Chandra, CFP ®, Financial Advisor
Monica is a Certified Financial Planner ™ and advises Members at our Santa Ana branch.
The stock market can rise and fall on world events. Bad news can send it plunging as investors panic and sell off their investments, while good news keeps them active in the market. Sometimes referred to as a roller coaster, the market can be a ride many are nervous taking, particularly when it goes south. But common sense says you wouldn’t jump off a ride midway through, no matter how scary the dips. That could be disastrous. Still, weathering volatility can be an extremely emotional journey for many.
Nothing is more polarizing than presidential elections. People get very emotional when discussing the pros and cons of candidates and the future state of the country. And those very emotions can sometimes send the markets reeling.
By Janet Mendez
Janet Mendez is Assistant Manager of Trust & Investment Services at SchoolsFirst FCU. She has more than a decade of experience in the financial services industry. She joined the SchoolsFirst team in 2009. Her previous positions were Senior Retirement Advisor and Financial Advisor. Janet believes it’s important to guide Members through every step of their financial planning goals.
There are many reasons people don’t get professional financial advice — they may worry about the cost, or feel like they don’t have enough money to warrant formal planning.
Whatever your reasons may be, 2020 may be a great time to schedule a one-on-one with a SchoolsFirst FCU financial advisor. This guidance is a benefit of your Membership to help you make good financial decisions and plan for a secure future. Here are some things you should know to help you get started. Continue reading
With so many financial obligations in life, it’s easy to put your own needs on the back burner. But saving for your retirement is one of the best things you can do to achieve lasting financial well-being. It won’t seem like a struggle once you get into the savings habit and stick with it.
Although investing is an important way to build wealth over time, a recent survey1 reveals that 55% of Americans don’t. One reason? While many younger adults said they have the money, they don’t have enough knowledge to invest with confidence.
