Have a planIt is often said that those who fail to plan, plan to fail. If we all spent as much time planning our financial affairs as we do on planning our holidays, we would all be better off financially.
Get independent professional adviceFor your own protection also get it in writing.
Never put all your eggs in one basketGenerally speaking, the more you spread your assets across the various standard asset types (shares, property, fixed interest and cash) and between a variety of fund managers, the more resistant your portfolio will be to serious damage.
Understand the risksIt is often said that the higher the return the higher the risk. The mistake a lot of people make, is to confuse return for performance. Chasing high returns over the short-term makes you a speculator. Prudent investors look for consistent returns over the long term. Short-term fluctuations donâ€™t trouble investors because itâ€™s the long-term behaviour of their chosen assets which they focus on.
Donâ€™t lock yourself in (or out)This means investing your money in such a way that you can access it quickly if you need to. You must, at all times, be ready to quickly and cheaply rearrange your assets if necessary to either avoid a threat or to take up an opportunity.
Minimise taxIt is important that you are saving in a tax efficient way. Saving tax is one way you can increase your returns without increasing risk. While it is important that you take tax savings into account, this should not be the driver of your decisions.
Keep good recordsSo many people lose tax deductions and other benefits to which they are entitled because they have not kept proper records. Yes, it is tedious but unless you (or your adviser) are keeping all the records it could cost you more than just inconvenience.
Keep your finger on the pulseYou should revisit your plan often to ensure that it is doing everything you expect it to and to ensure that your investments are performing appropriately. You should expect change, and change will need to be dealt with. Donâ€™t fall into the trap of â€˜setting and forgettingâ€™.
Do proper estate planningIt is vital to plan your estate. While it is important that you have a will and update it regularly, proper estate planning ensures that your assets are structured in the most effective way. Together with this, make sure that you have sufficient life cover and insurance and that it is all clearly integrated into your estate.
Pass the sleep testIf you are being kept awake at night worrying about your investments, then either you are taking too much risk or you are unsure of what you are doing.
Hantec Securities Co., Limited and Hantec Futures Limited are corporations licensed by the Securities and Futures Commission ("SFC") to engage respectively in Type 1 and Type 2 regulated activities. The sole shareholder of both companies is also the Chairman and controlling shareholder of the Polytec Group, a substantial conglomerate active in Hong Kong, Macau and Mainland China. The Hong Kong listed companies Kowloon Development Company Limited <34> and Polytec Asset Holdings Limited <208> are subsidiaries of the Polytec Group.
Hantec Securities was established in Hong Kong in 1986 when it engaged in the provision of local brokerage services. Hantec Futures was formed in 2008 and trades as an agent in futures contracts. To furnish these services we have an experienced and professional team enabling us to provide precise and timely market information and analysis. We aim at providing excellent securities dealing plus advisory services to our customers who include global and local institutional clients, as well as corporate clients and individual investors.
We believe the following are the Four KEYS to success:
|Trustworthiness||- Being known as trustworthy by our clients through our integrity is the most important tenet.|
|Innovation||- Continuing our focus on product development by creativity and advanced technology.|
|Pragmatism||- Supported by a solid foundation, we adopt a down-to-earth approach to run our business.|
|Service||- Regular communication with our clients, with first class detailed backup.|
Since 1986 our expertise has assisted our clients to overcome numerous ups and downs of the financial markets. As a result, we have developed long term relationships and mutual trust with them. In order to cope with today's volatile financial markets, the Hantec companies' well qualified professionals will care for their growing customer base, as they extend the scope of services, and enhance their own trading systems.
Following the four keys to success, and having the unfailing support from our shareholder, we aspire to be recognized as one of the leading enterprises in the Hong Kong Securities Industry.