A hedge fund is an investment vehicle in which investors pool their money and purchase certain investments. Hedge funds aim to bring investors greater returns than they get in the stock market, or even with other types of funds. The name came from the fact that investments were often chosen…
A target-date fund is a mutual fund (or exchange-traded fund) that gradually rebalances and reallocates assets as you get closer to retirement, typically shifting the majority of assets from riskier investments such as stocks to more conservative – or fixed-income…
Everybody has heard the stories about big-name entertainers (Sting, Rihanna) or athletes (Kareem Abdul-Jabbar, Floyd Mayweather) being taken advantage of by their financial advisors.
Sting’s financial advisor went to jail for six years for stealing $1.6 million from him, and Abdul-Jabbar lost millions when his advisor used his money for...
Cryptocurrencies are supposed to make the U.S. dollar obsolete. But this year’s crypto trading craze means companies that help investors buy and sell digital currency have been raking those old-fashioned greenbacks in.
The total value of the cryptocurrency market more-than tripled in less than six months, and briefly surpassed $2.5 trillion in May, according…
There’s no shortage of people on Wall Street willing to tell you when you should buy a particular stock. Cable-news shows, investment publications and newsletters are filled with recommendations from analysts and market commentators on what you should buy next…
The best time to build this into your company culture is while you're still small.
For many, Juneteenth receiving unanimous support from the U.S. Senate to become a federal holiday in the U.S. feels like mission accomplished. For others, it's a sign of how much more work remains. More than...
Advisers often give two directives to anxious clients: “Stick with the plan” and “Don’t check your portfolio every day.”
Sticking with the financial plan that investors pay their adviser to customize for them is relatively easy. But for some investors, it’s hard to resist repeatedly checking their brokerage balance…