Financial Tips To Start 2013

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    saving-money-tips-4 Balance your finances at the start of 2013 and the year will move smoothly.

    Manage risks in a portfolio by re-balancing rigorously. As some sectors do better than others, regularly revisiting investments to make sure a portfolio keeps the intended balance is important

    Review and update your financial plan periodically. Tax law changes, fluctuating markets, major life events and many other factors can require changes or adjustments, which the investor should discuss with their financial advisor.

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    Remember retirement. Savings and investments look likely to play an increasingly important role in ensuring a comfortable retirement, which means it’s never too early to start planning, and every bit saved ahead of time is helpful.

    Get a second opinion. If a financial plan isn’t serving the individual’s needs, or if the planner isn’t offering the explanations and education the client needs, it may be time to consider a new advisor.

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