Mutual Funds and ETFs are very similar in some regards, and different in others. The purpose of this article is not to discuss the technical nuisances that distinguish the two investment vehicles. That topic would likely bore you to tears and is not very useful for most individual investors! … [Read more...]
Mutual Funds vs. ETFs: What’s the difference?
How much student loan debt is too much?
Author: Emily Tierney When it comes to taking out student loans to pay for a college education (or higher), it’s hard to know how much debt to take on. It’s also hard to predict what kind of income your future career will bring and if you will hold that job at that … [Read more...]
What is Rebalancing?
Author: Brent Lemieux CFA® CPA Portfolio Rebalancing Explained At a high level, rebalancing is the process of adjusting your portfolio back to its target asset allocation percentages. Over time, investments change value and the allocation will drift away from the original target. In order to … [Read more...]
Why Do Investors Often Earn Less Than Their Investments?
Author: Brent Lemieux CFA® CPA The behavior gap is the difference between the return a mutual fund earns and the return the average investor earns on that fund. For example, let’s say fund x earned 10% last year and the average investor in fund x earned 8%. In this example the behavior gap is 2% … [Read more...]
What is Wealth Management?
Author: Emily Tierney Before I worked in the wealth management industry, the word wealth brought to mind that 0.01% of the population with net worths in the millions and billions. Wealth meant superstars and CEOs surrounded by piles of gold bars, stacks of Benjamins, sprawling mansions with … [Read more...]