There is a lot of financial responsibility after obtaining a large sum of money. Your main goal should be able to take the money you receive from your contract and make it work for you and your family. Here 5 things you should do right after you sign a contract.
1. Set up a personal balance sheet and give yourself a spending limit.
In these trying times, even those with veins of steel can find themselves nervous about the market's direction and what it could mean for one's financial future.
Gold has done quite well so far in 2020, up more than 12% year to date versus the S&P 500 Index which is down about 10%. We started to warm to the yellow metal late last year and continue to think it can serve as a potential hedge in a well-diversified portfolio for suitable investors.
Most of us go to see professionals when we’re in trouble or during times of crisis. Think about it. We go to the doctor when we’re sick. We go see a lawyer when we have a pending legal matter. We go see a counselor when we’re feeling depressed.
Negotiating a contract as a professional athlete can be extremely difficult. It is a unique opportunity and that needs a tremendous amount of preparation. Here are a few issues to consider when preparing to negotiate a contract.
Contract Length:
The COVID-19 pandemic has caused unprecedented volatility in recent weeks that has investors and traders scrambling to assess the economic and market impact of the aggressive containment measures.
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