Financial Freedom Seminar
Financial Freedom Seminar There are several ways you could define the term financial freedom seminar. In many cases a seminar will be held by someone who is a financial planner as a way to drum up more business. In this type of financial freedom seminar, you will likely be given some pretty generic strategies for preparing for retirement. The problem is that many of these "professionals" get paid only when they broker some stock sales. In other words, the more they can convince you to buy, the more they will make. In that type of scenario, whose best interest are they really looking out for? Yours or theirs? If you are just starting out on your savings and investment journey, attending this type of seminar may be helpful and educational. Though at that point I think I would hold off signing up or buying anything if I were you. You should not just jump into something until you have more knowledge. When it comes to investing educate yourself with a little knowledge. No, I don't mean going back to school or becoming a professional investment adviser, but some knowledge will allow you to be a partner in your financial planning rather than just following along blindly and hoping for the best. There are many places, such as your local book store or library, where you can gain a lot of basic knowledge. That is where you should start. Another type of seminar is geared to just that; education and knowledge. The first type of seminar I discussed was really more of a sales pitch than true education. You might learn a few things but ultimately the focus was to drum up more customers. But a seminar that is geared to providing you with more knowledge (and less sales pitch) can be extremely helpful. There are many well known experts in the field of wealth creation and most of them offer some type of training. If you will take the time to attend several of these seminars and begin to gain knowledge about investing, all types of investing, you will be able to be an active participant in your financial future. Truthfully, who would want it any other way? I know several people who got hammered in the recent stock market debacle. The problem was they had their money invested with a "professional". Now, no offense to these people but they did nothing. They sat there and just waited to see what would happen! I mean they got paid to lose all that money! In what universe does that strategy make sense? Knowledgeable investors rearranged their investments to get out of the risky investments and into safer investments. They didn't make as much money during that period since the safer investment don't make much money, but they also didn't lose anything either. Which would you prefer? Do yourself a favor and keep this information in mind. Too many people turn into docile little sheep when it comes to investing. They are afraid and uninformed. That will only help you lose money, not gain money. Find a financial freedom seminar (or more than one) to attend and learn a little bit more about how to put your money to work for you.