In the realm of investment opportunities, choosing between an exchange-traded funds (ETF) and an index fund remains a pivotal decision for many investors. Both vehicles offer distinct advantages and considerations, influencing the path towards building a well-rounded portfolio. In this exploration, we delve into the nuances of ETFs and index funds, equipping you with the […]
Equity investors increasingly invest in funds with passive strategies. Instead of using an active strategy of picking certain stocks, passive funds park money in assets with returns based on stock indexes reflecting the whole market, the good, the bad and everything in between. But active strategies can outperform passive ones, not only in stock trades […]
By the year 2034, it is estimated that the reserves of the Social Security Administration will be depleted by 25%. That means that, by that year, Social Security recipients may end up getting about 76% of their monthly benefits. A Social Security recipient receiving $1,500 monthly now, the current payout average, would end up getting […]
You have insurance for your health, your home, and your car. However, what about your pets? Do they have pet insurance coverage? While pet insurance has existed elsewhere since the early 1900s, famous TV collie Lassie received the first pet insurance policy issued in the United States in 1982. According to the North American Pet […]
Whenever there’s market turbulence — say from elections, a pandemic or just new market highs — you will hear arguments from big-time investors about whether be fully invested in stocks or or have money sitting in cash. This is obviously a personal preference, but if you are sitting in cash and you want to do […]
High-yield savings accounts are a great way to jumpstart your earnings, whether you do it online or at a brick-and-mortar institute. High-yield savings accounts earn more interest than the typical savings account, letting your money work for you. Before you dive headlong into a new savings account, compare these to the current APY on your […]
Planning to buy a home? One of the most crucial decisions you’ll need to make is choosing the right mortgage. With so many options available, it can be overwhelming. But fear not! In this blog, we’ll walk you through five essential steps to help you choose the perfect mortgage for your needs. Understand your financial […]
Working for over 20 years within the financial services industry I was surprised just how many people end up having no beneficiary or a previous spouse listed on life insurance policies, investment accounts, and even their wills. To an extent, it is understandable life is busy, things change often, and before you know it, years […]
One of the best tax credit and reduction opportunities for anyone with a retirement account is also one of the least-known ones. Do you know about the saver’s credit and what it can do for you? Here is what you need to know. What is the saver’s credit tax break? The saver’s credit is officially known […]
A car accident is always a gut-wrenching experience. At best, you will damage your vehicle. At worst, you — and others — may be injured. This is something we all want to avoid. But it happens. So what do you do if it happens to you? Stay calm and check for injuries Make sure you […]
