Having a baby is exciting news for first-time parents. But raising and educating a child involves new financial considerations and new decisions to make. As well, unforeseen events require you to have contingency plans in place. We hope these four financial tips for new parents will help you plan ahead to protect you and your child.
Diversification is an important part of investing and has been described as the only “free lunch” in the investment world. Why is diversification so important? Read this article to learn more.
You’ve found yourself with a lump sum of inherited or freed-up cash. Should you use the money to pay down your debt or should you invest it? There is no best option for all. It depends on your personal financial circumstances. This article helps guide you through your decision-making journey.
Many believe that asset allocation is the single most important factor impacting investment returns. The famous 1986 investment return attribution study by Brinson, Hood and Breebower showed that asset allocation (not market timing) accounted for up to 90% of portfolio returns.
The typical investor must account for risk tolerance, time horizon and retirement needs when determining the mix of stocks, bonds and cash in their investment portfolio. The High-Net-Worth (HNW) investor may have to account for much more with respect to their personal investment criteria, including a considerably greater number of investment options available to them.
You may be living in your most valuable asset—your family home—and contemplating whether or not to use it to help fund your retirement. In addition to emotional considerations, the financial aspects of the decision to relocate or stay put can be significant. This article explores the financial pros and cons to help you decide which “move” is best for you: relocate or stay put in retirement.