In light of the tough economic times, learning how to wisely manage and invest your money has become even more crucial to your financial solvency. Financial seminars promise to provide you with an in-depth look at your investment options so that you can make an informed choice about your finances. Use this article as a guide to understanding the types of financial seminars are available to you—and what you can expect from each of them.
Those who are just getting started in the investment game will probably benefit most from informational seminars, which cover a wide selection of topics ranging from building a portfolio to planning for your retirement and tax smart investments. Many of these seminars are held at local universities and are free and open to the public. Because these types of events are not designed to make direct sales pitches, they usually offer valuable, unbiased information to attendees. The disadvantage is that these are often lecture-style events, meaning you’ll have limited opportunity to ask questions and get personal advice.
Sales-Based Investment Seminars
If you have an idea of the type of investment you want to make, you might consider attending a sales-based investment seminar. These are frequently offered by real estate firms and financial institutions such as banks, insurance companies, and brokerage firms. While part of the session will be strictly informational, a portion of the seminar will be devoted toward selling certain products, such as annuities, bonds, stocks, and real estate properties, from which the presenter will earn a percentage commission. Make sure you fully understand the terms and conditions before you invest, asking questions about anything you don’t understand. Don’t be pressured to buy on the spot: get the presenter’s contact information and then ask someone you trust for a second opinion before you sign anything.
For those who want information on a variety of financial topics, weekend investment conferences provide the most diversity. There, you’ll attend roundtables that discuss hot topics in the investment world—bonds, social security, foreign investments, etc.—as well as opportunities to sit down with financial planners to review your personal portfolio and discuss which investment opportunities might be best for you.
These types of in-depth conferences can admittedly cost a big chunk of change—with registration fees ranging in the $1,000 range for the seminars, breakfasts, and lunches—but the fees can be well worth it, as the opportunity to get financial advice from leading experts in the field could help you get ahead in the investment game. Instead of paying out of pocket, raise money for these conferences with some creative money-making strategies. Sell your old CDs and electronics back to musicMagpie.com or hold an old-fashioned garage sale to help get you started.