While most of us invest in passive portfolios for our IRA account, simply because we don’t have the time or resources to select the best portfolio managers to do it for us, there is a new investing product at our disposal that empowers us to start investing like professional portfolio… ( Read More )
5 Things Financial Advisors Do That Make You Lose Money
Managing money is hard. We love to think that all financial advisors are greedy players like Leonardo DiCaprio in the movie The Wolf of Wall Street, but the reality is they are not. It takes a lot of dedication, persistence, and ability to endure humbling experiences to win clients. And… ( Read More )
5 Investing Lessons from Shark Tank That Could Make You a Wiser and Better Investor
They’re not Wall Street tycoons, but they are the some of the world’s savviest and most successful businesspeople. Shark Tank isn’t known for its lessons about the stock market, but that doesn’t mean that people who are investing on their own or with the help of a digital platform can’t… ( Read More )
What are Portfolio Management and Portfolio Rebalancing?
One of the more opaque phrases thrown around in financial services is “portfolio management.” Although it might seem like a simple enough concept, those two words can act as a stand-in for anything from the assets you’ve invested in, to your overall strategy, all the way down to the people,… ( Read More )
5 things to know about the compensation of Financial Advisors
Do you know what financial products you’re invested in? Do you know why you should invest into them? Do you know someone you can trust to tell you how your investments should be? While you may think you know the answers to these questions, there is a lot developing below… ( Read More )
Are Smart Beta ETFs better investment?
With the precipitous flow of investments into passive index funds and exchange traded funds (ETFs), the vast majority of cash in the market is tied to the performance of broad-based market indexes like the S&P 500, the Nasdaq Composite or the Russell 2000. While most financial advisors are the ones… ( Read More )
Should you put money into REITs?
One of the least appreciated economic developments of the past decade of recovery from the 2008 financial collapse is the dramatic upswing in value of both commercial and residential real estate. According to the U.S. Census Bureau’s monthly home sales report, the average home price at the apex of the… ( Read More )
Should You Invest In Marijuana Stocks?
Marijuana refers to the plant scientifically known as cannabis; more specifically, three recognized species include Cannabis sativa, Cannabis indica and Cannabis ruderalis. The cannabis plant is a source of over 400 compounds, including 60 cannabinoids. Of the 60 cannabinoids, two in particular, delta-9-tetrahydrocannabinol (THC) or dronabinol, and cannabidiol, are the… ( Read More )
5 Strategies To Continue Investing Into Retirement
Investing and saving for retirement is a hot topic in personal finance. Many advisors, bloggers, and influencers give hundreds of strategies on how to invest for retirement. However, many forget to mention how important it is to continue to build wealth during your retirement. Here are a few of the… ( Read More )
3 things you should know before you hire a financial advisor
Even seasoned investors don’t always take the do-it-yourself approach to saving for retirement. Sometimes, it may be worth it to seek out the advice of a trusted advisor to make sure you’re on track to retire. What’s A Financial Advisor? A financial advisor is a professional who, for a fee,… ( Read More )
4 Human Flaws that Stops You from Managing Your Money Better
It’s not your fault, you’re only human. But because you are a mere mortal, you’re bound to be making some, let’s say, suboptimal decisions. Humans have systematic biases—as psychologists have proven again and again—that can get in the way of the best intentions. This is particularly the case with money.… ( Read More )