LOM Financial (Bermuda) Limited

When investing, it's always best to assign specific goals to each investment account. Goal-based investing provides direction to your money. Read more on Business Today : We all have dreams and desires but we do not plan our investments according to our goals, most people just invest in an unplanned manner. Goal based investing adds direction to an investment. A structured, well thought out process for investing, where you know the purpose behind each rupee that is being invested is known as goal based investing. It looks at your existing assets, expense patterns, risk profile, asset allocation and the various short, long and medium-term goals and creates a road map for each of these goals in a fairly predictable manner. It comprises of two parts - planning & investing. Goal planning notifies the amount that is required to fund the goal and the how much is needed to invest regularly or one-time to get to the desired amount. Investing that amount in the most suitable pro...

Image source: aliantlaw.com The world is entering a new economic order and the former major players are starting to recognize the strength of an emerging economic powerhouse that’s been slowly but surely making its way to the top—Africa. Ranked as not only the most resilient in the world, many African countries have been predicted to become the fastest growing economies because of the region’s massive number of opportunities for foreign investors and their potential to be the world’s most dynamic player. The credits go to the Africa’s focus on both social and political reforms that are transforming the region into a top business and trading hub. Furthermore, the progressive development of vital social and political infrastructure has contributed to high-quality workforce, business-oriented young population, and the fast-emerging middle class that have significantly boosted the region’s spending power. Image source:economist.com The rise of Africa as an emergin...