Chelsea

A mutual fund is an investment vehicle that consists of securities like stocks, bonds, money market instruments, and other assets. If you are planning to invest in them, there are different types of mutual funds you should know about. These funds are operated and allocated by professional money managers....

A stock represents ownership. It is an investment that is also known as “share” or a company’s “equity”. If you purchase different types of stocks, you own a part of that company or corporation. You become a shareholder. As a shareholder, you also have a claim on what the...

Long term investments are the company's assets that include cash, stocks, bonds, and real estate. If the company intends, these investments are held for more than a year. They are also used to generate income outside the company's normal operations. Read on to know about the best long term investments...

One of the simplest ways to get started with investing is through ETF vs Index Fund. But often, most people use the two funds interchangeably. Both ETFs and Index Funds are similar in many ways but they also have subtle differences. If you are a beginner investor, it is...

The rise of investment apps has made investing more convenient and easier for investors. With just a few taps on your phone, you can now get access to your stock portfolio, trade in the stock market, and evaluate your portfolio's performance. Whether you are a beginner or an experienced investor,...

There are a number of different retirement plans to choose from. But if you are an employee, the two qualified tax-advantaged retirement vehicles offered by employers are the 403b vs 401k plans. Both of these plans are named after sections 401k and 403b of the tax code. In general, private...

In opening a bank account, checking vs savings account are two of the most common options. Each of these accounts has different features and benefits that will help you with growing your money and reaching financial stability. What are the differences then, between your checking vs savings account? Let us...

You might be familiar with net worth or a person's total value of assets, but are you also aware of liquid net worth? It is a more important measure to evaluate your financial health. Liquid net worth is key to determining one's financial security and achieving financial freedom. What Is...

Do you wonder what the highest credit score you can achieve is? By definition, a credit score refers to the statistical number evaluating your creditworthiness and probability of repaying your debts. It is also based on a consumer's credit history. The higher the credit score, the more financially trustworthy...

Every business, whether big or small, needs a legal structure. It can either be a limited company or a sole trader. Approximately 3.4 million operate as sole traders, making it the most popular legal structure. Meanwhile, there are 1.9 million businesses operating as a limited company, making it the...