http://www.savingschronicle.com Become the master of your finances! Sat, 30 Jan 2010 21:39:55 +0000 http://backend.userland.com/rss092 en No single investment performs well under every condition. If a large portion of your portfolio is over concentrated in one type of investment and bad news causes its value to drop unexpectedly, your financial security will be put in jeopardy. Riding the waves You cannot control the factors that cause investment prices ... http://www.savingschronicle.com/investing/diversification-is-essential-for-your-financial-security/ Investment success depends on buying and holding quality investments in a well-diversified portfolio. My last post discussed the importance of developing an investment plan. The quality and success of this plan also depends on the quality of the investments you own. A long-term approach to investing is the best way ... http://www.savingschronicle.com/investing/stick-with-quality-not-speculative-investments/ You shouldn’t jump into the investment world right away. First, you need to establish a solid insurance portfolio of life, disability and critical illness insurance. Second, you should establish a liquidity fund. Third, you should get rid of debt. Once you’ve moved through these three steps, then you can start ... http://www.savingschronicle.com/investing/when-it-comes-to-investing-you-need-a-strategy/ A critical illness is a life threatening or altering condition that often strikes with little or no warning. In Canada, one in two men and one in three women will suffer from heart disease (Heart and Stroke Foundation, 2004) and 1:2.3 men and 1:2.6 women will develop cancer (National Cancer ... http://www.savingschronicle.com/critical-illness/a-critical-illness-could-cost-you-your-rrsp/ For most people, the ability to earn an income is their most important financial asset. If this is taken away, they will not be able to sustain their standard of living or repay their debts. While a person’s most important asset is their ability to earn an income, very few ... http://www.savingschronicle.com/disability-insurance/most-people-insure-everything-but-their-income/ The foundation of any financial security plan begins with the proper insurance. There are three types of insurance that are necessary for a well-crafted financial security plan: life insurance, critical illness insurance and disability insurance. This post is going to deal with the most common form of insurance: life insurance. Life ... http://www.savingschronicle.com/uncategorized/89/ The first step in creating a plan to achieve financial security is the most overlooked. It’s not insurance, saving or investing. The first step is taking the time to craft a plan. While each person’s situation is different, there is a safe way to work your way towards financial security ... http://www.savingschronicle.com/uncategorized/a-brief-guide-to-crafting-a-financial-security-plan/ So, the new year is closing in on us quickly. During the last quarter of 2009 my financial planning practice and my research consultancy both kicked into a higher than expected gear. My research projects have been cleared up and will now be able to committ more time t my ... http://www.savingschronicle.com/uncategorized/end-of-my-hiatus/ Savings Chronicle was featured in a post today over at Money Highway called, "Investing and Money Rules of Thumb". If you haven't read it yet, you should.You Thanks again for the mention, Kent No related posts. Related posts brought to you by Yet Another Related Posts Plugin. http://www.savingschronicle.com/uncategorized/thanks-to-financial-highway/ The difference between term and whole life insurance is an important one to understand. Without understanding the difference between term and whole life insurance, you won’t be able to tell whether you are properly insured, under insured or over insured. Temporary needs The key to understanding the difference between term and whole ... http://www.savingschronicle.com/life-insurance/the-difference-between-term-and-whole-life-insurance/