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Are You Looking for Financial Advisor? [ May 7th, 2012 ] | 278 views | Leave a Comment

Looking for a good financial advisor can be very difficult. If you are interested to find a financial advisor to help you in financial planning, it’s advisable to look for a well-known financial services firm.

financial_advisor

With the increasing customer demand, there are a lot of firms offering financial advisor jobs to those who are professional and entrepreneur these days. Apparently, they are not only offers a professional career path, but also provide an entrepreneurial opportunity.

If you have good financial planning then it will allow you to earn well above the average. Needless to say, financial advisor service is one of the fastest growing services sectors which offering the most attractive compensation if compared to other jobs. The reason is it can provides a wide array of opportunities, including wealth management, risk management, investment planning, retirement planning, and many other finance related services.

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Who Suffered The Most During Recession?

Just straight to the point, what’s the ripple effect of economic downturn?

Happening Now:

Lower bank savings interest rates
Falling housing sales and reduced property values
Companies are downsizing, and filing for bankruptcy
Higher unemployment rate

So who is the most affected group? For sure, people may say poor people most affected. For me, it depends on your current financial situation. People that have NO SAVINGS suffered the most. People that pretend to be rich suffered too. However, middle-income group suffers the most since need to work harder to solve today’s challenges.

Economic downturn only benefits the top few tycoons in the world where they hold on the bulk of the money, to keep it from circulating, forcing companies to close down due to lack of cash flow and debt, which in turn forces stocks and shares price drop. When it drops, these top people will dump their money in and buy more, then wait for the economy to improve, and then sell off for profit.

Rich Get Richer, Poor Get Poorer

rich and poor

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March 4th, 2009 | Posted in » Economic Analysis | 4 Comments | 8,212 views