When it comes to the financial world of today, it almost feels like things are getting more convoluted by the minute. Sometimes wall street seems to throw logic out of the window and do the unexpected.
You would wake up in the morning and read a news flash that seems bad by all accounts ... Lets say something like .. " the GDP has only grown 1% vs. the expected growth of 2.5% in the last quarter".
Wow, I would think that is bad news right ? Imagine your business growing less than half of what you thought it would ... or you just receiving half of your paycheck this month. Not sure about you, but for me it surely won't be a day to write home about ...
But voila!! what do you know, by the end of the day the Dow Jones Industrial index is up 200 points and the CNBC tells you, its because the so called 'market gurus' think it will delay the federal reserve from raising the interest rates ... Again, for me if my business has only grown half of what I thought it would, I wouldn't really care much about what my interest would be on my line of credit .. but then again I am no market guru..
Unless you are a stock trader by hobby, or worse, by profession, you probably don't care about what the stock market does in a day. What you care about is how to save & grow your money over a lifetime. You care about retirement accounts, 529 plans, tax efficient portfolios and most importantly you care about making the right financial choices over time and avoiding the one big mistake that will set you off course from reaching your financial goals !
If who I just described is you, then this blog is your friend. Every Thing Financial is designed with you in mind. It will include content that will make your financial life a little bit simpler.. We don't promise we will fix every financial problem you will have, but we do promise to be there and get you content that is relevant to you.
You would wake up in the morning and read a news flash that seems bad by all accounts ... Lets say something like .. " the GDP has only grown 1% vs. the expected growth of 2.5% in the last quarter".
Wow, I would think that is bad news right ? Imagine your business growing less than half of what you thought it would ... or you just receiving half of your paycheck this month. Not sure about you, but for me it surely won't be a day to write home about ...
But voila!! what do you know, by the end of the day the Dow Jones Industrial index is up 200 points and the CNBC tells you, its because the so called 'market gurus' think it will delay the federal reserve from raising the interest rates ... Again, for me if my business has only grown half of what I thought it would, I wouldn't really care much about what my interest would be on my line of credit .. but then again I am no market guru..
Unless you are a stock trader by hobby, or worse, by profession, you probably don't care about what the stock market does in a day. What you care about is how to save & grow your money over a lifetime. You care about retirement accounts, 529 plans, tax efficient portfolios and most importantly you care about making the right financial choices over time and avoiding the one big mistake that will set you off course from reaching your financial goals !
If who I just described is you, then this blog is your friend. Every Thing Financial is designed with you in mind. It will include content that will make your financial life a little bit simpler.. We don't promise we will fix every financial problem you will have, but we do promise to be there and get you content that is relevant to you.
| Written by:  Rajiv Dixit Financial Advisor & Portfolio Manager Parks Capital | Read more about Parks Capital & Rajiv Dixit by visiting Parks Capital at a Glance |
