Having a not-so-stellar credit score can make life difficult if you are trying to do something like move into a new apartment or make a large purchase. Even establishing a solid credit history can be difficult if your credit score prevents you from doing things like opening a credit card. But building your credit does not have to be difficult. Here are few tips to help you build your credit. Read More
If you have invested in a diverse mix of securities, you are likely to find at the end of the year that your portfolio’s asset class weighting has changed. This is to be expected, since your assets will have changed in their market value over time. To correct for this change in relative weight among your investments, you can rebalance your portfolio. Here’s what you need to know about how and when to rebalance your portfolio. Read More
Retirement is supposed to be the time to relax and unwind. But for many seniors, the prospect of retirement comes with new stress in the form of unexpected expenses and unforeseen costs. Unprepared seniors can find themselves scrambling to make ends meet.
To prepare yourself for retirement, you should be aware of the typical expenses in retirement. Here, we will outline some of the most important costs to consider when planning for your retirement as well as a few ways you can prepare before you retire to help reduce these costs and have adequate savings to cover them. Read More
When you invest in a fund, you pool your money with other investors in order to purchase a collection of securities. This provides opportunities for more diversification—without the hassle of buying and managing individual securities on your own. It’s therefore no surprise that funds are a popular investment option. When investing in funds, the biggest choice you typically have to make is choosing between the two major types of funds: ETFs and mutual funds. Read More