December 2011
From The Director

As the end of the year is rapidly approaching, there is no better time to review your finances to see what strategies were successful in 2011 and what needs to be tweaked to ensure greater success in 2012.  This month, we discuss some last minute financial planning tips, as well as how to set S.M.A.R.T. goals for a prosperous year ahead.
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


As we approach the end of the calendar year, the need to tie up loose ends is pressing.  Some of us like to clean house, others focus on mending personal relationships.  Just as essential, though, is reviewing and reorganizing our financial plans to figure out what worked in 2011, and what changes need to be implemented in our S.M.A.R.T. goals to ensure a successful 2012 and every year thereafter.  Obviously, here in Japan our community is comprised of many diverse backgrounds and nationalities however the following are pointers that can be of use to most of us…

In order to get a clear picture, first you must review the state of your finances and the path they have taken over the past year.  Specifically, begin by reviewing:

  • Your net worth

What is your current net worth and how does this figure differ from what was there in January?  Are you happy with your progress?  Have you managed to accumulate more wealth, was it easy or were you stretching yourself too thin?  How can you increase your net worth in 2012 and get closer to your future goals?

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