When it comes to managing your money, saving and investing are two essential strategies that serve different purposes. Knowing when to save and when to invest is key to building financial security. Here’s what you need to know. 1. What is Saving? Saving means putting aside money in a safe, easily accessible account for short-term goals or emergencies. The […]
Investment
When Should You Sell an Investment?
Selling an investment can be more difficult than buying one for many investors. When you buy an investment, you obviously have high hopes for how well that investment will perform. Unfortunately, it’s unlikely that every investment will meet your expectations. In that situation, holding on to your investment essentially means that you are not putting […]
Understanding Total Return
A mutual fund’s performance — its total return — can be either positive or negative. In other words, a fund either made or lost money for a measured time period. There are three separate elements that contribute to total return: the distribution of fund income (interest and dividends received on the fund’s investments); the distribution […]