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The Financial Planning Center

Comprehensive Financial Planning

 

Novice Investors-Learn the basics

Modern technology has made the purchase of mutual funds, stocks, and other investments a simple process.  However, maximizing returns while reducing risk is an extremely complicated task.  Furthermore, a thorough understanding of tax strategies will have a major impact on your financial future.  

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CENTERS of INTEREST

A personal note from the developer of this site:

Knowledge:

I started learning about investments when I was twelve.  As a teenager, I was already investing in the market.  I graduated from college with a degree in finance.  I have read countless books.  I continue to take classes at the graduate level.  I am an active member of the Financial Planning Association.  I am a member of a group, somewhat similar to a think tank, composed of tax planners-CPAs, estate planners-attorneys, insurance planners-agents, and other Certified Financial Planners.  I work full-time as an investment advisor.  What does this all mean?  Nineteen years after my first investment, there is still more for me to learn.  

Invest for the future, gamble for fun, but never gamble with your future.

Creator of ProActive Financial Planning

 

Click on the informational links below to start the investment process. The more knowledge you possess, the less of a gamble your investment decisions will be.  If you're investing for the future, take a little time now to educate yourself-ignorance can be costly.

Basic knowledge:  Managing Investment Risk

Opening an account:  Questions to Ask Before You Open an Investment Account

Compare firms: Comparing Brokerage Firms (table with links)

Interesting article: How to Turn $1 a Day into $67,815

Starting with minimal funds: No Required Account Minimums

An investment strategy: Dollar Cost Averaging

An investment strategy: Constructing a Diversified Portfolio

The long-term impact of returns-1% matters!: Future Value Chart 

Why start an IRA: Individual Retirement Accounts

Minimize your taxes by utilizing tax-advantage IRAs: Traditional, Roth, or Education

Take advantage of tax credits:  A Tax Credit to Reduce Your Taxes

Mutual fund education: Mutual Funds

Bond education: Bonds

 

If You Desire More Time to Pursue Life's Pleasures, Find Out How a Certified Financial Planner Can Help.

 

Click Here for more information on financial planning and The Financial Planning Center

 

Contact: ProActive Financial Planning

 

 

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The www.open-ira.com and ProActiveFinancialPlanning.com websites is for information, education, and entertainment purposes only.  This is not a solicitation or offer to purchase or sell any security.  This information is not intended to be used as the primary basis for investment decisions, nor should it be construed as advice designed to meet the particular needs of an individual investor.  You alone will need to evaluate the merits and risks associated with the educational material provided.  Decisions you make based on information contained in this web site are your sole responsibility.  Mutual funds involve risks and investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost.  Performance of classes will differ.  Before investing in any mutual fund, be sure to request a mutual fund prospectus from the mutual fund company.  The prospectus contains important information, including information on fees and expenses.  Read it carefully before investing.  Past performance is not a guarantee of future results.  None of the information provided on this web site should be construed as tax advice.   You are advised to consult your own tax professional regarding the tax consequences of your financial planning strategy, IRA strategy, investment activities, and all other tax related issues.  Use of hyperlinks to other internet resources is entirely at your own risk.  The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site.  The information and opinions obtained from other sources and services are considered to be reliable but we do not guarantee its accuracy. Information from other linked sites is independent of ProActive Financial Planning or any other party affiliated with this website.  In no event shall ProActive Financial Planning or any other party affiliated with this website be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this site or the use thereof or inability to use by any party, or in connection with any failure of performance, error omission interruption, defect, delay in operation or transmission, computer virus online or system failure, even if ProActive Financial Planning or representatives thereof are advised of the possibility of such damages, losses or expenses. 

 

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