Understanding Risk
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about …
General Investing
Dollar Cost Averaging
If you haven’t started investing towards a long-term goal because you’re worried about short-term market volatility, consider using a popular investment strategy called dollar cost averaging. Dollar cost averaging takes …
Investment Planning throughout Retirement
Introduction Investment planning during retirement is not the same as investing for retirement and, in many ways, is more complicated. Your working years are your saving years. With luck, your …
Mutual Funds
What is a mutual fund? A mutual fund is an investment company that pools money from many people and invests it in stocks, bonds, or other securities. Each investor owns …
Setting Financial and Investment Goals
Setting financial and investment goals Setting goals is a very important part of life in general and in financial planning in particular. Before you actually invest your money, you should …
Introduction to Investment Planning
What is investment planning? The investment planning process If you’re fortunate enough to have money left over after paying the costs of living, you may be able to make that …
