It’s all too easy, even for the most diligent savers, to make mistakes in their retirement finances. Here, Rani Jarkas—currently the chairman of Cedrus Investment—debunks four of the most common myths about retirement planning. Myth #1: I’m too young to save up for retirement. One of the biggest mistakes people make is thinking they can…
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Just like it’s not a good idea to hide things from your spouse or your doctor, you shouldn’t conceal the truth from your financial planner. Here are the 5 most important things to come clean about with your financial planner: Debt. Depending on the amount, hidden debt could totally interfere with your ability to reach…
It is essential to start planning your retirement right from when you are in your 20s or 30s. As the medical expenses and cost of living are rising consistently, it is crucial to get serious about retirement planning as early in life as possible. There are six investment options that offer guaranteed income in your…
The idea of having enough by your 30s to stop working and pursue your interests can seem like a distant, and unrealistic, dream. It is actually possible to retire that early and there are plenty of reasons to work toward that goal. It could help improve the relationship in your life. Working hard from 9…
Financial advisors help business owners achieve cost savings and become more profitable. An experienced and certified financial advisor like Rani Jarkas can ensure that your business is prepared for future phases of growth and development. As a highly professional and reputable financial service executive, he understands the importance of having a dedicated advisor who can look…
If your investment portfolio has grown considerably complex, you may require the assistance of experienced financial planners who are familiar with your particular requirements, whether that’s estate planning, retirement, or finding new avenues to grow your wealth. Consider working with a successful financial advisor like Rani Jarkas. Why should you trust a financial advisor?…
The economy picked up modestly in 2021 but then took a turn for the worse in 2022 as problems began to emerge. In the second quarter of this year, global output fell due to declines in China and Russia, while US consumer spending disappointed expectations. A world economy already weakened by the pandemic has already…
The 2023 economic outlook, according to Oxford’s Global Economic Model, is bleak. This model takes into account individual country models, global assumptions about trade volume and prices, competitiveness, capital flows, interest and exchange rates, and commodity prices. Its verdict? Global economic growth will be a paltry 2.3% in 2023– the lowest forecast since 2008 outside…
If there’s one sector that could be forever changed by COVID-19, it’s real estate. Whether it’s the increase in remote work or wave after wave of lockdowns, people’s ideas about where and how they should live have shifted. In many cases, this has driven a mass exodus out of claustrophobic downtown high-rises and into the…
The difference between wealth management and investment management can seem insignificant. However, there are vital disparities. In general, you should think of wealth management as a broader general approach to financial management. A wealth manager or financial advisor (sometimes called a consultant) will help with the overall economic picture for clients. Those services go beyond…