Throughout our lives we will always make mistakes. Some are not too bad, others devastating, but regardless we learn from them. When it comes to your money, it is important to take the time to learn from other people’s mistakes. You can see what they did wrong, and make sure you do not do the…
A diversified portfolio is one that will be better suited to weather financial storms. Most people make sure to include some stocks and bonds. Those who are a little better will include small cap, mid cap, large cap and international funds. Something that many people leave out of their investment portfolio is real estate. This…
Aside from those who are retired and not planning to leave an inheritance, everyone’s goal is to increase their net worth. That is a huge part of why we have jobs and work 40 or more hours per week. Sometimes, despite how hard we work it seems that growing our net worth is a slow…
There are two basic types of mutual funds. Growth funds, that are seeking rapid growth, and value funds, that are looking for long term steady growth. Both play important parts of a portfolio, and both have different goals. The value fund, often called an income fund, looks to reduce volatility while still providing the investor…
You would be hard pressed to find someone who does not want to earn more money. While many people make enough to pay for their expenses, they still might want to increase their lifestyle, save more, give more to charity, or simply have the satisfaction that they earn more money. But as we all know,…
There are many different ways a person can invest his or her money. While there are a great number of alternative investment strategies out there, most people end up using mutual funds. They take away a lot of the risk associated with individual issue stocks, and they help a person become easily diversified. A good…