Five Tough Questions Everyone Should Ask Their Financial Advisor

Choosing a financial advisor can be a daunting process. After all, you’re handing your hard-earned wealth over to someone who is virtually a stranger. The process doesn’t have to involve guesswork or nervousness, however.

The right financial advisor will be completely transparent and give you a clear sense of how they can be used as a tool to create a worry-free financial future, rather than adding to your nervousness. Thankfully, this can be accomplished with the right research and asking a few tough questions.

Just like you’d inspect a car and speak with a car dealer before driving off the lot, you can get a deep sense of your advisor before making the leap. In my decade of serving as a financial advisor, I’ve seen how many individuals could have avoided mistakes with bad advisors just by asking a few questions beforehand. Just because you’re not an expert in finance does not mean you can’t come prepared.

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3 reasons why you should be financially educated before investment

For building wealth, the most essential thing you need is financial literacy. Only the financial education can ensure that you are utilizing the money fruitfully and are being able to enjoy financial security. As per David Justin Urbas and other financial expert's, there is no alternative way to get the maximum return on your earnings. Here are some top reasons indicating why you should put emphasis on financial education.

Be able to analyze the investment advises thoroughly: 

You may receive a number of investment options from you friends and families or from internet. However, each investment option may not be equally effective. Moreover, at every source of investment options, you will not get full information. As a result, there is always a risk that you are investing on the wrong scheme.

Getting overwhelmed with conflicting investment options is another major problem for the young investors. Some financial experts suggest to diversify the investment for reducing risk whereas the others recommend to ensure a secured return regularly. The dame conflicting opinions are found for payment of debts too. There are many financial advisors who prefers paying all the debts in advance. On the flip, some advisors consider that the good debts should be leveraged for building wealth. However, receiving so many conflicting advice is quite frustrating for the first time investors, unless they are not financially educated. If you are aware of the multiple investment options, only then judging all these advice critically will be possible.

Know the same size does not fit every investor:

You may be attending a number of seminars or trying to find out the secrets of successful investment from different magazines, but it should be remembered that the same size does not fit all. Investment tips available on these websites may not be always effective for you. In most Thus, believing on these advice blindly is not at all a good idea.

The need of every investor is different from others and thus, the generic advises will not work for you. Building wealth through investment will be possible only if you discover personalized ways for investing the assets. It again indicates how important the financial education is. When you have idea on the options available, you will be able to modify the advice provided by financial experts as per requirement instead of following those blindly. To get the best solution, educate yourself with different investment strategies, listen to the advisors, analyze your own requirements and tolerance to risk and lastly shape the advice in your own way. Only it can help you to achieve financial security.

Know to handle financial issues:

Many people think that following suggestions of financial advisors will reduce the risk for them. But, the truth is, there are always some risk associated with the financial decisions. Before you use one of these techniques, know its possible outcomes and prepare yourself for those.
Prioritize your financial responsibilities and decide about your financial future. As per David Justin Urbas, along with financial education, it will also help you to take right decisions.

David Justin Urbas - Can Tight Labor Markets Inhibit Investment Growth?

The slide in investment spending evident in this chart has had a substantial impact on the pace of gross domestic product (GDP) growth in recent years and is also behind the slow pace of capital accumulation that has been a major factor in the slow labor productivity growth postrecession .

The other notable aspect of chart 1 is that employment growth has been robust during most of the recovery, and that growth remains robust. That sustained performance has taken the economy to the point where measures of labor market performance can be reasonably described as “close to a state of full employment.”

Continued strong employment growth could sensibly support a relatively bullish story on investment going forward. As the table below shows, “high-pressure” labor markets—defined as periods when the official unemployment rate falls below the Congressional Budget Office’s estimate of the “natural unemployment rate”—tend to be associated with strong levels of business fixed investment spending.

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David Justin Urbas - 698 Counties Affected by Trump’s Plan to Eliminate Three Agencies

“In rural Appalachia, people are so poor that there is a federal program dedicated to lifting them out of poverty. Through the Appalachian Regional Commission, the government pitches in on projects that these rural communities badly need but can’t quite afford — everything from fixing roads, to building computer labs, to training workers, to opening health clinics.

These efforts have become so widely admired that in recent years Congress launched, with bipartisan backing, sister agencies to help other rural regions stuck in generational cycles of poverty. Together the programs spend about $175 million each year bringing jobs and opportunities to places that long have felt left behind.

President Trump, who won rousing victories in these same parts of rural America, would eliminate that funding.”

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6 fundraising options from Justin Urbas that every startup should know

Fundraising is one of the most difficult tasks that every new entrepreneur needs to do. The new business owners do not have much credibility in market. Thus, despite presence of a number of investors, these businesses often face difficulty to gather adequate financial resources. Here, Justin Urbas, has suggested few ways that you can use for having a sound fund.

Identify the right investors:

Identification of the right investors and approaching them in proper way is the first step of fundraising. It is true that for news ventures, getting right investors may be difficult. However, you can look for the investor among the followings-

  • Your family and friends- First start the search within your known circle. It will be great if someone from your family or friend can help you to run the business.
  • Search the angel or hedge investors: These investors often prefer investing on new businesses. You can seek help from these angel or hedge investors too for collecting money.
  • Know the potential strategic partners: There may be many companies which can be your potential strategic partners.These businesses can invest something more than money on your organization. You can look for such strategic partners too for raising fund.

Behave professionally when you are approaching to investors:

Professional behavior is another key to convince the potential investors for investing on your business. The task will obviously be difficult initially. On the first meeting, investors may not show interest to provide you financial support. However, in that case also, you should follow up these investors regularly. It may happen that later you can get positive sign from them.

Know your USP: To attract the investors, stating them clearly about the USP is necessary. If you have something new to offer, attracting investors will be easier. Before approaching investors, know it and present in proper way so that they find you reliable.


Buуіng a саr іѕ uѕuаllу the ѕесоnd biggest іnvеѕtmеnt іn a person’s lіfе, аnd fіnаnсіng thе purchase оf a car is commonplace now dауѕ, еѕресіаllу іf the vehicle іn question is оf аnу ѕubѕtаntіаl vаluе. For mоѕt people, buуіng a nеw оr uѕеd саr of аnу wоrth оutrіght fоr cash simply isn’t possible, аnd ѕо саr finance gives you the орtіоn to рurсhаѕе, and ultimately own a vеhісlе thаt уоu may nоt оthеrwіѕе bе аblе tо, muсh like hоw a mоrtgаgе is taken оut tо рау fоr a hоuѕе.

Northgate has provided a lot of useful information below that will hopefully enable you to understand the processes involved in a car purchase.

Source of Finance

There are a number of dіffеrеnt sources to аррlу fоr, and obtain car finance, with thе obvious one bеіng from thе vehicle dealership іtѕеlf, but уоu соuld аlѕо obtain fіnаnсе frоm thе mаjоr bаnkѕ аnd online financial institutions аnd соmраnіеѕ.

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David Justin Urbas - You Need To Lose Money To Make Profits

Do you remember your first investment loss? What did it feel like? It was a long time ago and I know so much now but I don’t think I will ever forget the first time I lost money.

I wanted to invest some money I had saved up but knew nothing about investments. A friend of mine hooked me up with her sister who was an insurance agent. She sold me a life insurance policy with a cash value that was a good “investment”. The cash value was guaranteed by the insurance company. It sounded good to me and I signed up. I was a young single woman at the time with no kids. Years later when my rent went up unexpectedly, I went to draw on this cash value and couldn’t. I studied up on what I invested in and was furious that I was sold a policy that wasn’t suitable for me and wasn’t really an investment. Lesson learned.

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Looking at your credit score can sometimes lead to scratching your head and wonder what exactly it is that you’re looking at.  Instead of nice, little, separated sections of informative insight all you see are weird pie charts, words you’ve never even heard of, and now you’re thinking about pie. Yum… pie.

Your credit score doesn’t have to be confusing, however.  It’s all a matter of knowing exactly which parts you want to focus on.  Once you have a clear picture of what exactly you’re looking at, you can get a greater understanding on exactly what it is you need to look out for.

Here are some of the most important factors on your credit score and why.

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David Justin Urbas - Never Say Never To An Investment

Many people think I know of a “great investment” or that I have a favorite that I use over and over again. I have been in the financial services industry now for over 30 years. (Yes, I am old.) I do have certain favorites that I prefer -for myself. My risk tolerance, my tax bracket and my goals are different from yours. That said I keep an open mind when I am working with clients. I I want to find the best investment for them, and I will use anything that I think is appropriate.

Because my clientele is not in the 1%, I am very conscious of fees in each investment. This is one of the reasons why I rarely recommend a variable annuity. I find it hard to get past the high internal fees that are in annuities.

In a casual conversation with a young woman, we chatted about Vanguard funds, and having a good estate plan, and then she popped the question- What do you think of Variable Annuities? I went off in a litany of reasons why I think they are a bad idea. She listened intently and then told me that she was married to a much older man and that he had an annuity and it was giving them both growth possibilities and income, and they liked the tax deferral feature.

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If you’re tired of renting your only other choice is to buy a home or a condo. It’s not always an easy decision and depending on your credit and your employment status you may find it difficult to get yourself into a home. These are a couple of the factors that will, in the long run, determine if you are in fact ready to invest in a new home.

Buying a home isn’t an event to take lightly. It may be cheaper than renting, even your house payment may be cheaper monthly than what you pay for rent, but you’ll have other expenses that you don’t as a renter. Here are some things to help you determine whether or not you’re ready to own your own home.

How’s Your Credit?

When you apply for a home loan the first things the bank is going to look at are your credit score and your credit report. They want to see that you don’t have a lot of debt so that they have a better chance of you continually making your payments on time. If you know you have bad credit then you should start on the path to credit repair before you work on owning your own home.

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David Justin Urba - What You Need to Know to Invest in Peer-to-Peer Lending

Peer-to-Peer Lending, commonly referred to as P2PL, is exactly what it is: a person-to-person lending. It is an alternative to traditional credit lending for small loans.

Peer-to-Peer has become a great option for people who need a personal loan and people who want to lend it to them. Peer-to-Peer Lending is a type of micro lending.

P2PL companies, such as Lending Club and Prosper, manage peer-to-peer lending online in these major three steps:

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David Justin Urbas - Get Income for Life Without a Job

As we all get older and experience the ups and downs of the economy, we worry about job safety. In this fast paced world, the age of the 30 year career and gold watch and pension has gone out the window. What will the future look like? If we are dependent on social security alone, it is a dismal picture. A life after a glowing career that ends in poverty isn’t very attractive and the 7 figure next egg to replace lost income seems out of reach. That’s when I get these comments:

I will work until I die.

I can always find a job.

I will probably get a disease and die before I retire.

My kids will help me out financially.

These are all fear based comments that don’t really address the issue. There is a collective consciousness that work equals income. Work does equal income but we can also get income from other sources and this is undervalued when we review all of our potential sources of income as wage replacement. Take a look at these income producing income sources that aren’t earned income:

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