Investing, investments and you.
The more money you make, the more valuable you perceive your time to be — and the more time-strapped you may feel, according to University of British Columbia psychology professor Elizabeth Dunn.
Why is diversification so important? The simple reason is that it helps ensure that your risk of loss is spread among a number of different investments.
Investing is full of choices. Stocks or bonds? Mutual funds or individual securities? Capital appreciation or dividend payments? If you’re unfamiliar with those last two terms, you may be missing out on an important investment strategy.
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 spend some time considering and setting your personal financial goals.
Risk is usually regarded as a negative, but it also can be a step toward potential reward. The key is to understand what risks you face and are willing to take. Here are some common types of investment risk that you should understand as you review your portfolio.
While the U.S. government has issued 13 types of savings bonds, there are currently only two series available for purchase through the U.S. Treasury Department.
Does your portfolio's risk profile reflect your ability to endure periods of market volatility, both financially and emotionally? Are you sure? Evaluate your personal relationship with risk here.