Name a challenge people face in life, and there's bound to be a coach for it. Struggling with your weight? Get a fitness coach. Keep missing those promotions? Hire a career coach. Feeling stuck in a rut? Try a life coach. Emotions getting in the way of sound financial decisions? You may need...
It’s a classic dilemma in investing and life: Stick with something tried-and-true — or try something new that could be even better?
That’s what some financial advisors and investors are wrestling with, regarding the standard portfolio known as “60/40”. For years it was a go-to for investment assets: 60% equities, 40% fixed income…
Amid a calamitous year marked with historic civil unrest, a full-blown pandemic and a whiplashed economy, we could all use some words of encouragement. And to whom shall we turn for those prized pearls of wisdom? Might we suggest financial advisors. These money-minded folks are able to see the state of the economy in a way that the average…
As with any relationship, the scope and depth of engaging with a financial advisor can vary significantly from one person to the next. One person may seek a financial advisor for education or one specific need while someone else desires to have more comprehensive assistance with managing multiple aspects of their finances…
For small investors, a slice of a stock might be better than none at all.
That, at least, is the theory behind the purchase of fractional shares, investments that represent less than a full share in well-known companies trade on major exchanges like the NYSE or Nasdaq…
The financial services industry employs a mix of professionals who use titles interchangeably, such as financial consultants and financial advisors, to guide people on how to invest their money for retirement. These titles can be confusing to investors when they are hiring someone to manage their assets.
As many of us grapple with the coronavirus pandemic, the importance of an emergency fund has come into sharp focus. But how do you save in a pandemic economy?
While it's not easy, there are some strategies you can follow to boost your emergency fund - even when...