October 2011
From The Director


At Select, we are sometimes confronted by clients who want to invest, who realize the need to start planning for their futures, yet feel that they simply can't afford to do so.  Their image of a typical investor is that of someone among Tokyo's wealthiest, while despite earning a very good income they are sometimes living paycheck to paycheck.  This month's article is for those professionals, and it discusses simple ways to increase your disposable income by adjusting your spending habits.
As always, we welcome your feedback. If you have any questions or would like additional information, please do not hesitate to contact your financial advisor. Should you not currently have an advisor at Select, please reply to this email and one of our senior consultants will contact you promptly.

Best Regards,

Imants Katlaps
Managing Director

"Beware of little expenses; a small leak will sink a great ship"


Frequently, the thing people say when offered to meet with a financial planner is "I have no assets to manage".  Contrary to popular belief, our services are not exclusively for clients with large sums of money looking for better returns on their capital.  In fact, our services also benefit those who are looking to accumulate wealth in a systematic manner for their future financial stability. At times, we encounter potential clients who are skeptical.  Not only do they not count themselves amongst those who are living the good life in Tokyo, but they wonder how they are to squeeze water from a stone, and not only save a portion of their income, but have anything substantial to invest.  Likely, they've done some research which has provided a few ideas:  ask for a raise, get a second job, start a side business.  In reality, though, it has been proven time and time again that the most effective way to increase disposable income is to spend less.  Period.  But how?

A case study of Emmet*, gives us some clues.
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