Mutual funds are the big-box stores of the investing world, buying in bulk to pass along a wide range of products at affordable prices. The benefit is clear: A mutual fund pools the money from thousands of investors and, on their behalf, invests it across a wide range of asset types, industries,Continue Reading

Financial planning means deciding in advance how much to spend, on what to spend according to the funds at your disposal. Objectives of Financial Planning: Financial planning is done to achieve the following two objectives: 1. To ensure availability of funds whenever these are required: The main objective of financial planningContinue Reading

When you think of a bank, you probably think of a place that takes deposits, maintains checking and savings accounts, and offers loans like mortgages. That’s true, but there’s an entirely different type of bank focused on stocks, bonds, and investment products. These financial firms may be a part ofContinue Reading