Agora Financial is able to provide education material with both free and paid publications. Their content is both in print and online , but Agora Financial also features online seminars, videos, and conference calls. Agora Financial strives to be an unbiased educational publication. Employees of Agora Financial have been featured in big news publications like The Wall Street Journal, Reuters, The Washington Post, and the Los Angeles Times. Members of Agora Financial have also been featured on television programs on CNBC and Fox Business News.
Recently, Agora Financial shared a list of tactics and advice to create a better future for yourself.
Learn Investing Basics
Some people prefer to let professionals handle their investing; others prefer to learn all they can about finances and investing. It can be very expensive to hire a professional to handle your money, so it can be a good idea to at least learn the basics. When you handle all of your money on your own, and you don’t have to hire someone else to handle it for you, you save money and have more control over your spending.
Long Term & Short Term Goals
Things such as set a date on buying a new house and saving for retirement can be considered long-term goals. These should be your priorities, but you also need to constantly have a list of short term goals to focus on. Short-term goals are considered accomplish-able in five years or less. Things like saving money for vacations and saving for car expenses fit into this category. These g goals do not have to correlate to your long-term goal, but they can. For example, you can set a short term goal to renovate your home if you are planning to buy a new one. This will get you a better price when you sell your old home.
Study your Goals
Some people do not understand the difference between a 401(k) and an IRA. Agora Financial urges new investors to learn as much as possible about each of these long-term investments. A 401(k) may be best for some people; other may prefer an IRA. Short-term investments such as real estate investments and commodities should also be approached with the same curiosity and drive to educate yourself.
Have a Life Plan
Scientific research has shown that people who have a goal in life are in better health. If you make a bunch of money from your investments and merely spend it on commodities, you may find yourself unhappy. It is a good idea to have an idea with what you plan to do with the money. You can invest the money, use it to assist family, or to send your children to college.