Just because you do not have a large amount of money to invest does not mean you can’t ask a financial advisor how to best make that money work. No one knows this better than Jay F. Fortier, P.C. in Chicago, Illinois, for Fortier has the unique perspective of not only being an excellent attorney, but a financial advisor.
If investing money is something that appeals to a person, the first question usually becomes where to invest. Fair question and one that makes a great deal of sense, as there are so many ways to invest money it would almost take a crystal ball to figure out what would be the best method.
Well, crystal balls do not necessarily work that well, so contacting a financial advisor with extensive experience makes good economic sense. If that same financial advisor also happens to be a highly trained lawyer, as in the case of Jay F. Fortier, P.C., then this is even better. Fortier understands the highly diverse financial markets and the necessity of giving straightforward and down to earth investment advice.
No one leaves Fortier’s office without completely understanding all the ramifications of what they are choosing to do, in what they are investing, and what those investments may mean for the future. Fortier is particularly skilled at managing investment portfolios and reducing any risks of costly investment errors.
This isn’t the easiest field in which to offer advice, given the vagaries of the market, especially during a recession. Fortier knows this and is very particular about making sure his clients know precisely where they stand when they choose to invest. There are two basic categories of investment vehicles that come into play when investing – indirect/collective and direct forms.
Direct forms of investment are typically company shares, bonds, government bonds, or gilt edged stocks (an issue considered to be high grade).
These vehicles are traded on the stock market and suffer up and down prices tagged to market supply and demand. Securities that have superior performance are in high demand, in short supply, and of course, priced higher. Naturally, a higher price with a good performance means a good ROI.
Bonds usually have a fixed interest rate paid on the face (loan) and offer a guaranteed return of the amount of the loan at maturity. While bonds might offer less risk for investors, the ROI is lower as well.
Indirect investment means spreading the risk by sharing with other investors who have the same approach to investing. This means varied investments/collective investments handled by a fund manager who keeps tabs on the investment performance. The investors in the shared risk pool share the resulting wealth, if there is any.
Investing money is a task often accompanied by fear. Contacting a noted financial advisor such as Jay F. Fortier, P.C. takes the fear factor out of the equation and adds in solid, knowledgeable advice based on Fortier’s expertise in this field.
Patrick Warwick is the lead content contributor for Chicago Bankruptcy firm, The Law Office of Jay F. Fortier, P.C.. To speak with a Chicago bankruptcy lawyer or learn more about creditor rights, Chicago bankruptcy, Chicago bankruptcy lawyer, Chicago bankruptcy attorney, visit Westsidebankruptcy.com