When deciding whether to pay off debt or invest, a good first step is to compare the interest rate you're paying on your debts to what you would earn by saving your money. However, if you were to receive a raise of, say, $100 a month, deciding what you should do with it isn't always so straightforward. Here are some ideas to help you to determine what makes sense for you. |
Before you put your money into the company-sponsored mutual fund, consider index investing. What is an index fund and why should you include them in your investment portfolio? An index fund is an investment that relies on computer models and some human factoring to determine the components of a market. By Jaceson Maughan |
The best index funds provide a relatively stable, secure way to invest in market performance itself. While it may seem that all index funds are alike, since they're based on the same underlying indices, that isn't necessarily accurate. The best index funds offer low fees, transparent structures and reasonable construction. By Dachary Carey |
At heart, index mutual funds and ETFs aren't such different investments. Both rely on the performance of a collection of stocks to provide big returns for clients. That's where the similarities end, though; index mutual funds and ETFs trade differently and provide varying options for index investing. By Dachary Carey |