Hispanic’s Financial Goals

I read various articles on how the Hispanic population is growing significantly and yet lag behind on investing for retirement. I also see reports on how Hispanics have lower financial literacy compared to Caucasians. It is important that we all set goals to invest for our future, but what bugs me is that a growing population such as Hispanics, are falling behind on setting financial goals. Everyone has different situations that can prevent how much to save or to seek out financial advice. Adding to the issue is that very few financial firms will take on clients that have less than $100,000 in assets. This leaves people without the option of seeking advice other than what is found online. The problem with following advice online is that it doesn’t take into account their specific situation. That’s were firms like mine come in to help folks with less than $100,000 in assets. Just because firms cannot make enough profit when helping people with less than $100k does not mean they are not worth helping. At my firm, even if you have $1,000 to invest, we will help you get started. Wealth is built over time and a majority of people are working class that still need help with finances and we understand that. Visit us at http://www.medinaadvising.com

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