Tag Archives: economic

You are aware of your current financial situation and where you would like to go in the future. The first step in the high net worth financial planning phase is to design a strategy for reaching each of your financial objectives. Meeting financial objectives may just entail staying on their …

In the past, countries used the gold standard monetary system to determine the value of their currencies. However, this system was abandoned in the 1930s and replaced by fiat money. Since then, national currencies have freely fluctuated in value depending on the supply and demand of the financial markets and …