How your friends affect your financial life
It is often said that you are the average of the five people you spend the most time with. While...
investment
Understand how bad habits can affect your financial life
Most people believe that financial success is a result of a few major life decisions: choosing the right career, landing...
Understand how the brain reacts to money and risk
For decades, traditional economists operated under the assumption that humans are "rational actors." They believed that when faced with a...
How many stocks should you own for proper diversification?
It is the oldest cliché in the investment world for a reason: "Don't put all your eggs in one basket."...
What happens to your shares during a stock split or reverse stock split?
Imagine logging into your brokerage account on a Monday morning to check your portfolio. You hold shares of a successful,...
What happens to your investments when a fund is closed?
Receiving a formal notice in the mail or via email stating that your mutual fund or Exchange-Traded Fund (ETF) is...
When doing nothing is the best investment decision
In almost every area of human endeavor, we are taught that hard work, constant motion, and quick reactions lead to...
What happens if I forget that I have a stock purchase?
It sounds like a scene from a movie. You are cleaning out an old attic, dusting off a box of...
What are defensive stock?
Market volatility is an inevitable part of the investment journey. Whether it is driven by geopolitical shifts, fluctuating interest rates,...
What is term life insurance and what is lifetime life insurance?
Choosing a life insurance policy is one of the most critical financial decisions you will ever make. It is not...
How compound interest works in investments
Albert Einstein is famously quoted as calling compound interest "the eighth wonder of the world." He reportedly added, "He who...
What happens if cryptocurrencies are regulated?
For years, the cryptocurrency market was often described as the "Wild West"—a frontier of high rewards, extreme risks, and a...
