Wolfgang Schaeuble Sits Down for a Rare Interview

Those who are in-the-know about investment services and general world financial matters have probably heard of Wolfgang Schaeuble. Schaeuble is the current German Finance Minister, and he recently sat down for a rare interview with world news leader CNN. The interview, surprisingly, was conducted in English, and despite the fact that English isn’t Schaeuble’s native language, he made his opinions incredibly clear. He admitted that the financial problems affecting the Eurozone were far from being solved but also expressed satisfaction with recent improvements and a belief that things would change for the better with time. Schaeuble even went so far as to comment that he did not see any future bailouts as likely.

Schaeuble bravely expressed his opinion about the upcoming elections as well. He voiced strong faith in Chancellor Merkel and said that, if Merkel was re-elected, he believed that working toward a stronger Europe would be the next logical step. He was careful to say that he didn’t want a “German” Europe but that he did feel that every state in Europe needed to increase its competitiveness.

Schaeuble explained what he meant by a “stronger Europe” as it relates to finances and general investment services by saying that every state in Europe needed to “do its duty” and not look for help or funds from other states. The timing for Schaeuble’s interview couldn’t have been better since elections are set to be held on September 22—a little more than a month away!

While Naperville residents are always encouraged to keep abreast of developments in international finance, they are also encouraged to put their own finances first, something they can do by working closely with Platinum Financial Associates, Inc.

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Is The Economy Getting Better?

We all know that the economy is bad. In fact, it’s a phrase we say all too often. If someone can’t find a job, you say, “Oh, well the economy is so bad right now.” The same applies when you notice that people aren’t buying homes, vacationing, or eating out as frequently as they did in the past What does it really mean for the economy to be “bad,” though? Is there a way to measure how “good” or “bad” the economy is, and are things getting better or worse for us financially? Well, the Federal Reserve Bank of Kansas City has attempted to answer that question! It designed an index that can measure the state of the economy by looking at average interest rates and stock prices.

Now that you know that, you’re probably curious about what the index says! Well, its results aren’t stable—there’s definitely been a shift in how the economy is faring. In June, the index dipped below average, a definite downtown from May’s reading! If you trust these readings, it means that the economy is getting worse, not better, and that financial stress is increasing. The Bank thinks this has a lot to do with ever-changing stock prices.

If you’re disheartened to find out that the economy is improving, then you should do something to help yourself, so that you’ll be in good shape no matter what the future brings. Consider working with local investment services to get yourself on the right financial track. One of the best investment services to work with if you’re in the Naperville area is Platinum Financial Associates.

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Don’t be Too Swayed by What the Market is Doing

If you’re serious about having a solid, reliable financial future, then you’ll want to work to get on an investment schedule and to do other smart things with your money. You don’t have to figure out what you need to do on your own either; there are investment services that can help you to start making your money work for you! Whether you do it on your own or with the help of a financial advisor, you’ll want to save money towards retirement, to keep your credit under control, and to just generally make good decisions when it comes to your money.

Sometimes, though, the economy starts booming or the market starts doing great, and you might think you have nothing to worry about and that you can go on a spending free-for-all. Or, maybe things are going badly and you stop investing. The truth is, however, that you shouldn’t let the current state of the market bother you too much. Eventually, things should go back to the way they were and your choices will still be good ones.

Of course, you can’t make the right choices if you’re leaning on the advice of the wrong investment services. If you’re in Naperville, the “right’ choice is definitely Platinum Financial Associates.

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