There are common mistakes you can avoid when saving for retirement.Read More
A change in your mindset during retirement may drive changes to your portfolio.
During your accumulation years, you may have categorized your risk as “conservative,” “moderate” or “aggressive” and that guided how your portfolio was built. Maybe you concerned yourself with finding the “best-performing funds,” even though you know past performance does not guarantee future results.Read More
Diversification is an investment principle designed to manage risk, but it can't prevent against a loss.
Ancient Chinese merchants are said to have developed a unique way to reduce their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a good chance of getting through and the majority of the shipment could be saved.Read More