Net asset value (NAV) is the total value of the investments owned by a mutual fund after subtracting costs, expressed in dollars per share. Investment companies own dozens or hundreds of individual … Read more →

If you ask a a high school student today what they want to do for a living, you’ll probably get a shrug and a smile. And that’s okay. Career planning … Read more →

Preferred stock is a type of investment that provides both income and the possibility of growth. Most investors in companies buy common stock. Bondholders also are invested in a company’s future. A bond … Read more →

Every industry has a catchphrase that explains it all. For the tech business, one of the better quotes you hear is that “software is magic.” There’s a lot to unpack there, … Read more →

A tax bracket is a range of personal income subject to a federal or state tax rate. People often talk about their individual tax bracket, but the reality is a bit … Read more →

If you follow the financial news on websites or cable TV, it’s easy to run into the same argument over and over. Stocks peaked. Get out now while you can. … Read more →

A required minimum distribution (RMD) is an annual taxable withdrawal from your retirement savings dictated by IRS regulation. When you open an individual retirement account (IRA), the money you place there … Read more →

Summer is supposed to be the dead time for stocks, the doldrums. Everyone is on vacation, the theory goes, so nobody is around to buy. It’s an actual theory, captured … Read more →

The S&P 500 is a list of 500 stocks recognized as representative of large-cap companies in the United States. Created by Standard & Poor’s (S&P), the S&P 500 Index of equities is … Read more →

One word you sometimes hear people use is “contrarian” investing. There’s something very appealing about it, the allure of insider information and being right when others are wrong. It’s also a … Read more →