Financial Planning: Major Financial Challenges You Must Overcome In Life

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It’s maybe challenging to take control of your finances, meanwhile, set aside money for savings when you have lots of bills and expenses to pay, every now and then. But if you’re focused and determined to achieve a financially stable life in the future, nothing is impossible.

 

Emergency Fund

Whatever financial difficulties you may encounter in the future, whether it’s for your medical needs, or simply a house and car repair costs, your emergency savings is a huge help to cover these kinds of unexpected expenses. It is one of the most important financial practices everyone should exercise in life.

 

Investing

Many of the younger ones today are interested to venture into the world of investing, but only a few have the courage to invest their money and take the risky journey. Mainly because most of them are hesitant due to constant uncertainties and instability happening in the market today. But according to billionaire investor, Warren Buffet, the key to achieve financial security is to start saving and investing early regardless of the amount of your money.

 

Retirement Savings

Living in a comfortable life throughout your golden years is one of the compelling reasons why you should secure substantial retirement savings, while you’re still young and capable. Today’s portion of your income can make a significant contribution to your living expenses and essentials when you retire someday.

 

 

Repost: Stocks in Asia advance as investors await developments on US-China trade

Here’s a global stock market updates provided by CNBC:

  • Shares in Asia mostly gained in afternoon trade.
  • The U.S. and China are set to resume trade negotiations in Washington on Wednesday, following last week’s talks in Beijing.
  • A Financial Times report on Wednesday said the two countries are closer to reaching a deal.
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Stocks in Asia were higher in Wednesday afternoon trade following a report that said the U.S. and China are closer to reaching a trade agreement.

Hong Kong’s Hang Seng index gained 0.86 percent, as shares of Chinese tech giant Tencent jumped 2.4 percent — it had earlier reached its highest level since the last intra-day high on August 10.

The Nikkei 225 in Japan added 0.84 percent in afternoon trade as shares of index heavyweight Fast Retailing soared almost 5 percent. The Topix index rose 0.52 percent.

Over in South Korea, the Kospi gained 0.6 percent as chipmaker SK Hynix saw its stock jump more than 2 percent.

Mainland Chinese stocks, however, were tepid by the morning session’s end, with the Shanghai composite advancing 0.23 percent. The Shenzhen component and Shenzhen composite were largely flat.

Meanwhile, the ASX 200 in Australia rose 0.65 percent. Data on Wednesday showed that retail sales Down Under hit a 15-month high in February, with the country’s trade surplus soaring beyond expectations to its second highest on record in the same month.

The broad MSCI Asia ex-Japan index advanced 0.69 percent to 539.56, as of 12:27 p.m. HK/SIN.

The U.S. and China are set to resume trade negotiations in Washington on Wednesday, following last week’s talks in Beijing. Ahead of the meeting, White House economic adviser Larry Kudlow said the two countries “expect to make more headway” in this week’s talks.

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Repost: Asia markets gain amid hopes of US-China trade deal

Here’s the latest market updates from CNBC:

  • Shares in Japan, South Korea and Australia advanced in morning trade.
  • The Wall Street Journal reported Sunday that the U.S. and China are “in the final stage of completing a trade deal,” with Beijing offering to lower tariffs on U.S. products in categories ranging from chemicals to autos.
Image source: pixabay.com

Stocks in Asia rose on Monday morning following a report that China is offering to lower tariffs on certain U.S. products as part of a trade deal with America.

Japan’s Nikkei 225 advanced 0.83 percent in early trade while the Topix gained 0.77 percent as shares of robot maker Fanuc jumped 2.15 percent.

Over in South Korea, the Kospi advanced 0.72 percent as industry heavyweight Samsung Electronics saw its stock rise 1.77 percent.

In Australia, the ASX 200 rose 0.58 percent in morning trade, with almost all sectors advancing.

Symbol
Name
Price
Change
%Change
NIKKEI Nikkei 225 Index 21758.24
155.55 0.72%
HSI Hang Seng Index 28852.22
40.05 0.14%
ASX 200 S&P/ASX 200 6233.20
40.50 0.65%
SHANGHAI Shanghai 3019.12
25.12 0.84%
KOSPI KOSPI Index 2199.27
3.83 0.17%
CNBC 100 CNBC 100 ASIA IDX 7957.54
13.28 0.17%

US-China trade deal progress

The Wall Street Journal reported Sunday that the U.S. and China are “in the final stage of completing a trade deal,” with Beijing offering to lower tariffs on U.S. products in categories ranging from chemicals to autos. For its part, Washington is considering eliminating most if not all of the trade sanctions placed on Chinese goods last year, according to the Journal.

Bloomberg News reported Friday that the final deal is being prepared and that the pact could be signed by President Donald Trump and Chinese leader Xi Jinping within weeks.

A summit between the two leaders could happen sometime in March, according to both Bloomberg and the Journal.

 

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