What is Diversification in Investing?

When newcomers start to invest, one of the first lessons they come across is a lesson on diversification. Just about every article with tips on reaching investing success talks about diversification in investing. On the other hand, some of the world’s most well-known investors advise against a diversified portfolio. Even the great Warren Buffett was … Read more

Stock Market Investing Tips for Beginners

Investing in the stock market is one of the best ways to build wealth over the long term, but it can be complicated and stressful to get started if you’ve never invested before. The good news is that investing is more accessible than ever. Years ago, you had to work with stockbrokers who charged heavy … Read more

When You Should Use a Taxable Brokerage Account

Taxable brokerage accounts don’t offer all of the tax incentives retirement accounts do, but they’re far more flexible. If you expect to need any significant chunk of money before you retire, that makes them an essential part of your savings plans. What is a Taxable Brokerage Account? Taxable brokerage accounts are investment accounts where you … Read more

Index Funds vs. Mutual Funds

Index Funds vs. Mutual Funds –  the two most common types of investment-grade funds. Investment-grade funds have become a preferred way for retail investors to access the stock market. These funds pool investment dollars from a large group of investors to make investments according to the fund’s prospectus. Investors share in both price appreciation and … Read more

What Does Homeowners Insurance Cover & How Much Do I Need?

Homeowners insurance is a bundle of different categories of coverage, which apply in various situations. You aren’t able to pick and choose what categories you want – there are six different components to homeowners insurance, all of which are required, which we’ll discuss below. However, depending on your possessions, type of home, and your financial … Read more

What Is Your Risk Tolerance?

The consequences of “financial risk” became apparent to many investors during the two-year period from 2007 to 2009. The stock market (as measured by the S&P 500) plummeted from 1562.47 on October 10, 2007, to 752.44 on November 20, 2009. As a consequence, many people lost more than one-half of their retirement savings. The coronavirus … Read more