Custodial accounts are adult-managed investment accounts for the child’s use and benefit. They have long educated young people about money and asset management while funding some of their expenses. Many financial advisors manage custodial accounts to help parents give...
Choosing between renting and buying a home stands as a cornerstone decision that can shape your financial future. With financial stability and personal aspirations in mind, exploring these routes involve a few critical considerations. Renting Considerations Renting a...
Owning a pet can be a source of immense joy and satisfaction, but it also entails prudent preparation for various circumstances. Nearly half of pet owners underestimate the lifetime cost of pet care, according to Synchrony. With careful financial planning, pet owners...
When it comes to asset management, many people invest their assets into ETFs (exchange-traded funds) or mutual funds. These two types of funds have a lot in common, and they are both extremely popular ways to diversify your investments. However, there are still major...
Climate change has been an issue at the forefront of Americans’ minds for decades. However, it’s only been recently that individual Americans are taking steps to combat it by using the power of their wallet. Just 100 companies are responsible for 71% of global...
On June 13, 2022, the S&P 500 officially entered a bear market. Rising interest rates, high inflation, a slowdown in China’s economy, and the war in Ukraine are just some of the many factors that have caused stocks to drop 21% since their peak in January. This...
