Saxo Group
Summary: Without a destination, you cannot make a plan. That is why you need to consider setting your financial goals. Defining your goals can help you prepare for your future.
You may want to start saving for your next big trip in 10 years, grow your retirement savings, start your own business, or secure your children’s future. Each of those are exciting goals, but they require different strategies to achieve.
Deciding on your financial aspirations is easy. Working out how you achieve your financial aspirations can be more challenging. This is where SaxoWealthCare comes in. You tell us your goals, and our innovative technology will create a personalised portfolio to help you increase your chances of achieving your goals.
Here are 5 benefits of setting financial goals:Once you define your goals, SaxoWealthCare will design a plan focused on helping you to achieve them.
Benefit 2: You understand your prioritiesLife is full of distractions. Between family, work, friends, hobbies, and everything else, it is hard to take the time to consider what really matters to you. When it comes to financial goals, there may be an endless list, and it can be challenging to know how to achieve them all. It is important to reflect on what your highest priority life goals are. Only then can you identify what matters most. It is these goals which can be used to drive your life plan.
Benefit 3: You stay motivatedReaching your financial goals takes effort and discipline. When you take the right steps to achieve your goals, it is worth celebrating – both the big and small wins. Some goals are accomplished quickly, and others require more time. As you reach the key milestones you set along the way, reward yourself. It is hard work to reach your financial goals, so have some fun too by celebrating your achievements.
SaxoWealthCare will help you to build your own personalised investment plan to help you achieve your financial goals. When your plan is off track during times of market turmoil and you experience losses, the digital assistant of SaxoWealthCare will help you bring your plan back on track.
Once you have built your personalised plan with your financial goals, SaxoWealthCare starts tracking your progress and helps you visualise how to get back on track if needed
However, long-term planning is harder than it seems because your goals change over time. Your goals today might be questionable or unclear. Later on they may become more or less important. Don’t worry, you can always adjust your goals and change your plan accordingly.
A new fragmented world order can render some of today's infrastructure obselete, but it also calls for massive new investments across the globe, which requires a new set of strategic and tactical investment strategies.
Steen Jakobsen,
Chief Investment Officer
As globalisation turns to fragmentation, China seems set on playing a role in the global economy, while simultaneously working towards proofing its own economic situation from external shocks and crises.
Redmond Wong,
Market Strategist
The recent bank runs and ensuing challenges are reminicent of something we've seen before. Will it end like the S&L crises of 1986 and 1995?
Chris Dembik,
Head of Macroeconomic Research
Equity markets need to recalibrate to another - fragmented - global world. What's your view on equities in this market - are they going up or down?
Peter Garnry,
Head of Equity Strategy
With every development comes new opportunites, some of which could be in India. Have you considered the country as a part of your diversification strategy?
Charu Chanana,
Market Strategist
A collar is an option strategy that allows some protection while maintaining some upside potential. What investment would you like to use a collar strategy for?
Hans Oudshoorn,
Trainer Academy
There are arguments to be made for many commodities to have upside. Which are you paying the most attention to this quarter?
Ole S. Hansen,
Head of Commodity Strategy
In a very challenging macro environment, which currencies do you think will come out on top?
John J. Hardy,
Head of FX Strategy
