How to Take a Look at the Smart Financial Decisions

When viewing from the point of view of family finances, most of you already have a long experience. And of course a part of you also make mistakes. Maybe, you still feel upset with the decision made relating to stock investments. For example, a stock you have, you sell at a price of 2000. But 1 week later the stock price jumped so high A, until it reached 3000.

Although the decision was felt to be painful, but this error is not fatal when associated with the family finances but this might not be inevitable despite the best analysts in seoarang capital markets even. But some mistakes that you want to avoid can be very costly or damaging the family's financial arrangements that have been built. Below we give some possible errors regarding the family finances:

* Invest money that you get from the hard work each month just because advertising and promotion tantalizing promise high interest rates and risks could almost say no.
* Purchase insurance life insurance does not meet your needs. You buy insurance with coverage that is too small.
* Failure in investment as early as possible, for long-term financial goals, such as children's education expenses or retirement funds.

Fortunately, such mistakes above you can avoid by taking or learning some basic knowledge of family finances. Like, the decision to buy insurance, we have discussed how to assess the needs and pentinganya insurance for the survival of family life when things happen unexpectedly. Or for long term planning, such as children's education funds or retirement, we also have to explain how to assess those needs and how to save early, providing greater benefits to you.

In relation to financial decision errors, especially investment, we try to give some insights and steps to be on guard, so that decisions you make are not actually damage the family's financial situation in the future. This is related to the emergence of a fake company? investment offering a high level of guaranteed benefits with the risk that virtually no one.

Old rules are forgotten

Many of the rules that have long circulated in the community and have very clear needs, but it is often ignored and forgotten. For example, if you want to buy an investment product to do the investigation and analysis. Try to search for knew who the people associated with you, especially if you trust them by placing funds in large numbers. One other important thing is to learn the ins and outs of the business done, as was the case some time ago QSAR that much harm society. Do not sign the letter unless you've read and studied.

A word of warning is sounded quite loud and very suspicious. Most people are accustomed to trust others, especially when it comes to family finances. Learn and perform analysis relating to investments or investment decisions was very time consuming and tedious. However, by doing the above, only limited awalau basic knowledge, these steps can save your family finances in the future.

Know Your Financial Behavior

If you follow the development of investment or research with respect to investment, financial behavior was very important role in decision making regarding investment person. Sometimes the attitude or decision that resulted in losses for investors. Actually, before making financial decisions, it will be heavily influenced by emotion or behavior, your knowledge regarding the investment. With includes emotions in financial decision you do not realize sometimes even causing harm.

Overconfidence (excessive self-confidence), for example, is one of emotional behaviors that can lead to losses in investment. We are individual investors, with limited time and knowledge makes us very vulnerable to losses in investment. Although a competent analyst on the stock market is still frequently make mistakes in investing. So the level of excessive self-confidence and of course you endanger your financial future.

Greed greed or can be interpreted as confidence levels are too high for the stock market or other investment vehicles, and this is very dangerous to the health of your family finances.

When investing in shares a lot of people very confident and focused only on the level of expected return and risk forgetting that also contained therein. Perhaps this is also happening with the investors who invest their money in the PT. QSAR, where they only see one side of the coin the eyes and focused investment with fantastic returns and to forget that business is agribusiness may also experience losses, even Bob Sadino say, invest in agribusiness should be prepared to lose money.

After everything's done, the public investment money numbering not less than Rp 500 billion evaporated, the new investors was busy asking his investment money.

In our opinion, you as an individual must be aware and look at both sides of the investment currency. High rate of return must be balanced with the appropriate risk level. Do not be easily persuaded only by persuasion or seduction seller but to learn and study first, do not make decisions based solely on your emotions.

One thing that often makes the failure to invest or family financial goals, in our opinion, is a failure and the last step is melaksankan implement perencanaa that have been made.

They create a comprehensive plan and take a long time, but they forget to do one thing more, which is carrying out those plans. Some of them are counted for purposes of investment needs fund their children's education, but they did not do it. Such behavior is very common, where they often delay to implement the plan. They say, tomorrow, next week I was busy or various other reasons. Habits to delay implementation of a plan can be fatal for the family's financial future.

Keeping the Dream Yourself From Seller

Indonesia's economy is still not good, could be the cause of many popping up various offers promising investment doubled profits to zero?? risk. Many people are tempted by the offer of this type of investment, profits doubled in a short time.

We as a family financial planner is expected that you as a consumer alert about this, check before buying. Because many of the offer was just a blank pepesan. Expect profits doubled in a short time, who obtained only a loss and can cause damage to the family's financial arrangements that have been awakened.

Some things you can do to keep the income you get from the hard work of every month from sales of investment only a dream.

Diversification

In this case instead of allocating the funds you have in some types of assets or of the same asset classes in different types, but more to see than the placement of several investment companies.

In some cases, the vendors of the company's investment securities could give a promise that the funds in these companies must provide benefits to you. But remember that nothing is certain in investing. Except when you invest in the form of savings that were guaranteed by the government. It is also in the event of liquidation of the bank, require a long time for you to get back the funds owned.

One thing is important in keeping yourself from investment sales is the dream you hold back. Investment company sales promotion dream was always doing or advertising in various media, both print and TV. All this they do to be able to recruit as many investors-many. This is never done by Gee Cosmos, in which they do almost all the advertising print media that is superior in Jakarta. There is no definite steps in order to overcome this. but some things below you can do before you make decisions related to various investments offer you do not know:
Always check any offers of investment. Do not be too affected by the incessant ads done everywhere. The most important thing is whether you have mastered the rule of The Game??. Do not invest before you really did understand the workings of the investment. Remember, the investment risk could be reduced if you do master the intricacies of investment.

When you've mastered how it works, see if you can at any time monitor or monitor the progress of your investments do. When very difficult to obtain information about the investment growth you do then do not do investment patterns.

Note the credibility and bonafiditas of companies offering these investments. A company that provides investment offer to the public should have the credibility and good bonafiditas. Sometimes people only see the credibility of a company alone but do not know and recognize the selected investment.

Finally, be careful in the use or allocate your monthly income. Do not be easily persuaded and regret it later. Hopefully this review memeberikan much input to you all. n

Taken from Harian Umum Sore Sinar Harapan Newsroom FINANCIAL PLANNING. This rubric was raised by Team Indonesia School of Life (ISOL) ie Harefa Andrias, Roy Sembel, M. Ichsan, Heru authority, and Parpudi Lubis.