10 POPULAR MYTHS
10 Popular Myths. Some People…….
- Confuse financial planning with investing.
- Think that financial planning is only for the wealthy.
- Think that using an investment manager means losing control.
- Think that financial planning is only for when nearing retirement
- Wait until a money crisis happens to start financial planning.
- Never set measurable financial goals.
- Make a financial decision without understanding its effect on other financial issues.
- Neglect to re-evaluate their financial strategy periodically.
- Expect unrealistic returns on investments.
- Believe that financial planning is primarily tax planning
Investing is but one part of financial planning. For more information about how to implement an effective financial strategy or for a comprehensive assessment of your current financial position, contact AUGEO Wealth Management on 02 4984 5545 for a risk-free consultation.