Many financial professionals tout portfolio rebalancing as the key to your financial success. But is it really that important? Or is it just another smoke screen Wall Street uses to convince you they know more than you do? Let’s take a look. What Is Portfolio Rebalancing? This financial maneuver is meant to automate your process […]
What is a Bond Fund?
A bond fund takes investors’ money and buys bonds with it. Duh. That’s pretty simple. But there are a host of other questions surrounding fixed income (bonds) that aren’t so obvious. Do bonds have a place in your portfolio? If so, should you use a bond fund or buy bonds directly? First things first. Should […]
Lending Club Review for Borrowers and Investors
Lending Club matches up people who have money and are willing to loan it out with those who need to get a loan. The theoretic benefit for the “investors” is they earn a higher rate of interest than they could get elsewhere. The theoretic benefit for those who need a loan is that they can […]
What is the Meaning of NAV?
NAV stands for Net Asset Value. But the meaning of NAV and its significance goes far beyond this simple definition. This term applies to mutual funds and ETFs and it can impact your investment decisions in a big way. That’s why it makes sense to take two minutes now to understand that concept. Lets’ get […]
How Many Mutual Funds Should You Own?
Do you know how many mutual funds you should hold in your portfolio? The real answer is probably far different from what you think. But don’t worry. By the time you finish reading this post, you’ll have your answer. First Things First First, remember that your financial goals determine your investment strategy. And your strategy […]
When to Reduce Your Investment Withdrawal Rate
The best way to safeguard your retirement is to be wise about your investment withdrawal rates. The good news is you don’t have to be an Einstein math genius in order to maximize withdrawal rates safely . I think you’ll see that it’s far easier to master this concept than you think. Investment Withdrawal Rate Basics […]