A target date fund is an investment option, usually a mutual fund, designed to let people choose a fund based on a single factor: a “target retirement date” near their…
Author: BrightDime
A robo-advisor is a type of financial advisor that provides investment management and advice through an app or website. Instead of working with a person, the robo-advisor’s software provides a…
Your investment goals are what you intend on using the money in your investment accounts for. 401(k) investments are for the goal of retirement. 529 plans are for the goal…
Risk capacity is what your situation and needs say about your ability to take risk in your investment portfolio. The younger you are and further you are from needing to…
Risk tolerance is your personal ability to deal with risk in your investment portfolio. How do you feel about risk of loss? How do you feel about large swings in…
April is Financial Literacy Month and we asked executives at several of our clients to share things they’ve learned in their financial life that they wish they had known sooner.…
What’s the difference between saving and investing? The terms get used interchangeably sometimes but they’re not the same and knowing the difference between the two will help you plan for…
Tax loss harvesting sounds like something you might do in the garden during the fall. But it’s actually an advanced tax strategy that uses investment losses to reduce your taxes…