Investment Options

What are the five reasons why you should not invest your home equity? What are the solutions to avoid these pitfalls? The five reasons why you should not invest your home equity are as follows: Personal Consumption: Do not use home equity for personal consumption because it can lead to insolvency and eventual bankruptcy. Instead, access home equity to produce and invest in things that will generate returns. Lack of Knowledge & Chasing High Returns: Don't invest in things that you know very little about or solely to make money. Only invest in things that reflect your knowledge, abilities, expertise,…

In today's world, it is crucial for everyone to take control of their financial situation and plan for their future and that of their children. The government's ability to provide an aged pension for retirees is no longer guaranteed, as the world population is aging, and there will be fewer working age people to support retirees in the coming decades. Compulsory employer-paid superannuation and financial incentives for self-funded retirees have been introduced by the government to address this issue. However, many people are still not prepared for retirement, especially women who may have to take time off work to raise…