Category Archives: Investing

What is a 401(k)? A 401(k) plan is an investment account with tax advantages that an employer can offer to its employees. The type of investments in a 401(k) vary by employer but usually fall into the categories of mutual funds (stocks and bonds), company stock, or guaranteed investments contracts (GIC). There are two typesContinue reading “401(k) Basics”

What is a stock? A stock represents a share of ownership in a publicly-traded company. Once you purchase and own a company’s stock, you then become a shareholder and have ownership in that company’s profits. There are two ways a person can make money from investing in a company’s stock. First, you can make aContinue reading “Understanding the Stock Market”

Young adults are commonly known to not have wealth compared to their older counterparts. Young adults having a low net-worth usually stems from the individual being young and not having enough time so far in their life to build wealth. Depending on a person’s situation, they may start to work full time after high schoolContinue reading “The Basics of Individual Retirement Accounts”

(Four things Investors need to know before investing) 1. Your financial status? Your current financial situation is one of the first things that you need to reflect on to determine if you are ready to make a financial investment. Income, savings, debt, and living expenses are areas that show whether financial investing is a possibilityContinue reading “The Investor Checklist”

When most people think of investing they think about individual stocks in companies such as Google or Amazon. In addition to individual stocks, people can invest in index funds. Index funds are a type of investment that mimics a specific index in the stock market. There are a variety of different indexes in the stockContinue reading “Index Fund/ETF 101”

When a person invests they are usually putting in time, energy, or money into an object or concept that will create some form of reward in the future. As a person invests there are a few things that a person needs to consider before entering an investment. Why do you want to invest? What doContinue reading “6 Ways to Invest Today (2020 Edition)”