Mutual funds fall under different fund types and classes, but two key classifications or categories you will find are Growth Funds and Dividend Funds. Understanding the difference between growth and dividend styles is essential in establishing an ideal investment plan for you. Combining different kinds of investments may also help you build a diversified portfolio. …
Each year an astonishing 54% of college attendees take on loans to pay for their education. That’s why student loan debt is and will always be the most common form of debt, hand in hand with credit card debt. Out of this number, 14% of adults are still struggling to pay off their student loan …
Well, this one of those types of stories we don’t like to read or hear about. This is because it involves not just the loss of your fund, but in some cases, people have lost a lot more than just money when their investment goes wrong. Wouldn’t you rather know? I would rather know if …
Personal finance may be comparable to planting a seed. At first, we get excited, for we have something to take care of. The excitement would motivate us to exert effort, give time and attention, looking forward to seeing the seed grow. The growth takes time though, that is why, some of us who cannot wait …
I love small businesses. From bakeries and convenience stores to clothes shops and estheticians. There’s a unique charm and feeling of doing good when you shop or use the services of a small business instead of a huge corporation. Getting a cup of coffee and a brioche from your local coffee shop, opened by Italian …
If 2020 has taught us one thing, it’s that you can’t always predict what’s about to happen or how you’ll react. Whether it is a national stock market crash or a worldwide pandemic, people act similarly. Panic and fear take the best of us. Remember how almost everyone overstocked on toilet paper back in March …
Mutual funds are identified based on how they work, i.e., if they’re open-ended or closed-ended schemes. The gap between the two different funds is flexibility and the ease of purchasing and selling finance units. Having a better understanding will go a long way in helping you in your mutual investment journey. An open-ended fund gives you …
