For many first-time investors, purchasing individual stocks and bonds might appear to be the most straightforward entry point into the market. But increasingly, millennials are also showing interest in mutual funds.
Citing data earlier this year from the Investment Company Institute (ICI), a global association of regulated funds, CNBC reported that the median age at...
Every investment carries some degree of risk, including the potential loss of principal, and there is no guarantee that any single investment strategy will be successful. That’s why it makes sense to understand the different kinds of risk, as well as how much risk you are comfortable taking, and to learn ways to manage it.
Generally, when financial advisors or the media...
How many Americans have dreamed of retiring before their 60th birthday? What about in their 40s or even sooner? Despite the uncertainty of what retirement may look like in 30 years, an increasing number of millennials—both singles and financially savvy couples—are already preparing to make the dream of financial independence a reality.
Of course, early retirement...