The New Year is the time for a fresh start, so why not make a resolution to manage your money better in 2016? The next 12 months could be another troubled period for stock markets, so make sure your portfolio is ready for whatever the world throws at it. Here are seven things every investor needs to consider in 2016:
Job security
Job insecurity in the UAE is on the rise as oil prices fall and companies lay off workers, which adds another layer of risk to your financial planning.
Hidden fees
Every expat knows somebody who has been sold a rip-off investment plan with sky-high charges by a dodgy financial adviser.
Higher interest rates
The US Federal Reserve’s December decision to hike rates for the first time in more than nine years suggests the era of rock-bottom interest rates may finally be drawing to a close.
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