First and foremost – it’s important to start by patting yourself on the back if you managed to weather 2011 with its crazy market swings, record breaking natural disasters, political grid lock in Washington, DC and a near collapse of the Euro Zone. Oh, let’s not forget China and the Asian continent’s continued strive to grow their middle class and most importantly, the Arab Spring throughout the middle east. Yes 2011 was a whopper of a year and I am quite sure 2012 will not be any less stressful or eventful.

So how does one begin 2012?

Financial action plan, of course.

A sound financial plan is based on many factors all of which are important and need to be reviewed consistently and coordinated on an on-going base. Therefore, I strongly recommend that you make time to sit with your financial advisor or wealth consultant and review your finances on an all-in approach. Leave nothing off the table. Discuss every topic however mundane it may seem. Ultimately a sound plan that is visited and actively managed may lead to a less stressful year ahead.

Stock and bonds? When discussing your portfolio here are a few ideas I would pass on.

Read the rest of the article here in our January Issue

Subscribe to our Kalon Women Monthly Magazine

Follow Us:  Facebook  -  Twitter  – LinkedIn Group