There are many types of risk associated with investing. Understanding each type and the effect it may have on your portfolio returns is crucial to your long-term investing success When it comes to investing, many people associate risk with losing money. But investing entails different types of risk. Understanding each type — and the potential
While credit cards can be convenient and often come with useful features, it’s important to minimize debt when retirement is near. These days, having a credit card is practically a necessity, even when you are retired. It’s hard to do things like buy airline tickets, rent a car, or place an order online without one.
Expecting a new arrival? Learn how to budget for your growing family, including child care, insurance, and parental leave. Starting a family is truly one of life’s most fulfilling experiences. Unfortunately, it can also be among the most expensive. Many parents could spend more than $200,000 during a child’s first 18 years. As you consider
In addition to saving for retirement, there may be several other major financial goals you’ll need to juggle in a lifetime. Let’s say that at the age of 25, you earned $35,000. If your salary increased at the average historical rate, you’d have earned nearly $2 million in total by the time you were 65.1,2