There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being.
One common way investors lower their risk is to diversify their holdings with different assets. When you hold a mix of investments, your portfolio is protected from being wiped out if one investment fails. Exchange-traded funds (ETFs), mutual funds, and index funds are all assets that prov …
What are mutual funds? We’ll break down the basics of investing in mutual funds and compare mutual funds vs. index funds.
Life insurance plans are designed to offer your family an infusion of income in the event of your death, so your loved ones won’t have to worry about finances while they are grieving. But how do you know what type of policy to choose and if it will adequately cover your needs? This re …
What are securities in finance? Securities are assets that have a value determined by any number of influencing factors. Investors buy and sell securities with the goal of earning profits if the value of the asset increases. Securities don’t have inherent value, but they have worth i …
By Craig Lemoine, Ph.D., CFP®, Director of Consumer Investment Research Financial advisors provide financial planning or investment guidance to clients. They may meet in person, remotely or provide advice within a larger firm setting. Financial advisors may work for themselves, with small …
A bond is a type of debt security that you buy from either a corporation or a government that is trying to raise money. It’s essentially a loan that you are repaid, with interest, in regular, fixed payments for a set time. Bonds are considered a low-risk asset that can provide invest …
