Month: August 2016

Bennett Group Financial Services, LLC – Fixing Your Personal Finances

Located in Washington D.C., Bennett Group Financial Services, LLC, is a monetary advisement firm owned by industry leader Dawn J. Bennett. If you choose to solicit her team’s services, you will have the opportunity to manage your finances under the watchful, trained eye of an expert. The firm’s talented team is excellent at improving portfolios and heightening security, boasting an impressive, decade-long reputation in fiscal planning. However, before working with a firm like Dawn J. Bennett’s, you must commit the time to fixing your personal finances by initiating an emergency fund, simplifying things and knowing your score.

Everyone should have an emergency fund because inevitably, rainy days will come. Whether you lose your job, wreck your car or your identity is stolen (or something worse, God-forbid), an emergency fund will be there when you have limited options. Ideally, you should have at least six months of your general expenses matched in an emergency fund before you stop contributing.

Regularly checking your credit score is one of the best steps you can take toward responsibly managing your finances as well. You can check your score for free via the Internet, and doing so will alert you of false delinquency reports and additional issues that may require amendments to restore your score.

Finally, if you have multiple bank accounts, credit cards and other financial commitments, consolidating them will make your finances easier to manage. You can either close unnecessary accounts or use an Online consolidation option that will sync all of your financial accounts through a single, easy-to-use portal.

At the start of your first meeting with an financial advisor, he or she advisor will likely lay out similar steps highlighted above, fixing your personal finances before serious investments can be undertaken.

To Learn More,Visit:Bennett Group Financial

 

Bennett Group Financial Services, LLC – Alternative Routes

Bennett Group Financial Services, LLC, is run by industry expert and radio talk show host Dawn J. Bennett. The firm’s overarching mission is to improve clients’ financial portfolios. Among the investment choices that she promotes is gold and other precious metals. If you’re new to precious metal investing, the best way to approach is with a trained advisor because there are several different options. For example, did you know that you can invest in gold without ever owning a physical piece of metal? Alternative routes may not always be the most fruitful option, but many choose to invest in precious metals through less common modes such as allocated accounts, E-Gold and paper gold.

Allocated accounts allow you to purchase gold currency through a bullion broker whom will ship or transfer the bullion to a bank or depository. The investor owns title to the specific coins and bars being transferred. This is often considered the safest way to invest in physical gold bullion and bars among the alternative options.

E-Gold or “goldgrammes” are modern precious metal options supplied by digital gold currency (DGC) providers. They are self-regulated and often used by Bennett Group Financial Services, LLC, experts to buy gold, to save and to invest in as electric currency. Also, many investors put their money in mining organizations and companies exploring new gold deposits in search of profit. This is called buying paper gold and it is riskier than purchasing physical gold, although the choice remains popular in diverse portfolios.

If you’re not sure which alternative routes are best for you to invest in, speak with an advisor from a company like Bennett Group Financial Services, LLC. Everyone’s portfolio is different and, depending on risk tolerance, goals and assets, the best choices vary.

 

Bennett Group Financial Services, LLC – Solve Monetary Issues

Bennett Group Financial Services, LLC, is a wealth management firm that has solved clients’ problems and improved their portfolios since 2006. Working with experienced financial advisors offers a number of benefits because they regularly solve monetary issues commonly found in the average person’s portfolio. Examples of problems that financial advisement could solve include lack of down market strategy, uncertainty with savings and lack of a legacy plan.

When the mortgage bubble perforated in 2008, most people in the real estate sector suffered heavy losses. This is known as a down market. If you don’t strategize for such happenings, you will lose large portions of capital when the bubble inevitably bursts again.

Also, no matter how old you are or where your life is at, the time to begin saving for retirement is now. Anyone who seeks financial security should have an emergency fund established as well; and anyone who seeks to invest should have a certain amount of liquid savings before they do so. If you haven’t begun saving, or if you aren’t sure if you’re saving enough, Bennett Group Financial Services, LLC, can point you in the right direction.

Finally, if you die, what will happen to your assets? Will your loved ones have access to your finances and investment portfolio? If you’re uncertain, set up a legacy plan to protect what’s dear to your heart after you’re gone. Not all financial advisors can write the documents required for a legacy plan, but they can connect you with qualified professionals to get started.

Solve monetary issues and reduce stress associated with handling your finances by working with a company like Bennett Group Financial Services, LLC. You won’t regret it.