Sunday 23rd July, 2006


I do.. to joint investments

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Many happy couples get together everyday worldwide. Most are busy joining households, families and even pets! But far more ominous and given far less thought is joint finances.

Numerous research studies have spoken about finances as a major bone of contention among couples before and after marriage. Let us look at some tips that you may want to consider before saying “I do!”

Discuss your finances beforehand. Like most things in life, preparation is the key. It is, of course, important to be as honest about your financial position as any other matter, with your spouse-to-be.

You should candidly discuss your credit history, outstanding loans, savings and any other investments.

This financial summary will help determine what your combined equity and debt will be. This is crucial to your ability to make future large purchases such as a home, a car and so on. This information will assist you as a couple to be better prepared for the future.

Like investing on your own, as a couple you should talk about your goals and objectives, these are critical to determining your now-joint financial future. As you would have read many times, determining your own short and long-term goals would be the basis of any investment portfolio.

Impending marriage usually means individual goals give way to a couple’s “together” goals. It is imperative therefore, to assess whether you really want the same things. Ideally, this is a question best answered before the journey down the aisle.

Once you have assessed your financial status inclusive of all loans, investments etc, and you now have a true picture of what you are working with, you are now better equipped to make intelligent decisions regarding your joint goals.

Feel free also to get help with your strategy, remember, trained investment advisors are readily available to help you achieve your goals.

For younger couples, you can afford to be more aggressive. Consider investing in equities/stocks and other instruments with a long-term perspective.

For the more conservative (ie risk-averse) couple, you may prefer to invest in unit trust funds. While for the more mature couple, fixed income securities with guaranteed yields may offer the best option.

Whatever the choice for you as a couple, bear in mind that both parties are now required to accommodate the financial personality, skills and even burdens of each other.

It is recommended then that you examine your joint financial goals carefully beforehand, that may help you to determine what you are in fact saying “ I do” to!

* UP next: focus on groups


All information contained in this article has been obtained from sources DB&G believes to be accurate and reliable. All opinions and estimates constitute the author’s judgment as of the date of the article. No warranty as to the accuracy, timeliness or completeness of this article and as to the opinions based thereon is given or made by DB&G. DB&G and/or its employees or directors and/or any associated person may have an interest in, or interest in the acquisition or disposal of, the securities or class of securities mentioned herein. Call 1-888-CALL DBG if in doubt about the content of this article. Decisions based on information contained in this article are your sole responsibility.


* For further information, contact: Lisa-Maria Alexander — Country Manager at [email protected] or 625-5034

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