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Ten tips to help you hire a suitable financial advisor:

1. Check qualifications. Find out about educational and professional designations.

2. Ask about investment philosophy. Make sure their philosophy is sound and give greater consideration to those advisors who employ asset allocation strategies.

3. Address specific work experience.

4. Determine what specific services you need and find out if they are offered.

5. Request a written document outlining fees. Bypass anyone that can't provide this.

6. Identify compensation method: Commission, fees or both.

7. Establish credibility. Check the advisor's regulatory record with the NASD, SEC, your state, or any association to which the advisor belongs.

8. Review long-term investment performance. Ask to see a performance composite.

9. Learn their philosophy on portfolio tax management.

10. Find out if there is a personality fit.

With so many potential professional investment advisors, the selection process may seem daunting, but if you apply the guidelines above, you will set yourself up for success


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How Can You Get Started In Real Estate Investing?
More info

Many people are reluctant to invest in real estate because they don't completely understand the nuances surrounding the investment. However, once they understand the fundamentals, real estate can provide a significant return with relatively low risk. Investing in real estate is merely a matter of understanding how income streams cover the costs of maintaining the asset, and making sure that the income also provides the desired return on the investment.

In its simplest form, a real estate investment consists of purchasing a piece of property through a mortgage, renting the property at a monthly rate, and using the rent to cover the cost of the mortgage and any expenses. The amount left after the mortgage and expenses are paid is your net monthly income. It's that simple.

Fundamentally, investing in real estate is not difficult. The concept of using rent to cover your expenses and pay you a return is not difficult. Once it is reduced to its most basic concepts, real estate can provide a significant return on investment. As a real asset, it will provide less risk than a bond or stock, and can create a continual income stream while equity and appreciation accrue. More info click here