What Is a 401k Match and Why You Must Capture It
The employer 401k match is the closest thing to free money available in the financial system — and a significant proportion of employees who have … Read more
Written by: HRM
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Money Explained
Plain-English explanations of financial concepts, products, and how money actually works.
What Is Tax-Loss Harvesting and How Does It Work?
Tax-loss harvesting is a strategy for reducing your tax bill by deliberately selling investments that have declined in value, capturing the capital loss on paper, … Read more
Written by: HRM
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What Is an ETF and How Is It Different From a Mutual Fund?
An exchange-traded fund is a collection of securities — stocks, bonds, or other assets — that trades on a stock exchange like an individual stock. … Read more
Written by: HRM
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What Is Term Life Insurance and Do You Need It?
Life insurance is one of the most underutilised financial protections for people with dependants and one of the most oversold financial products for those who … Read more
Written by: HRM
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What Is a Mutual Fund and How Does It Work?
A mutual fund pools money from many investors to buy a collection of securities — stocks, bonds, or both — managed according to a stated … Read more
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What Is Rebalancing and How Often Should You Do It?
Rebalancing is one of the most straightforward and consistently recommended practices in long-term investing — and one of the most commonly ignored. It is the … Read more
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What Is a Bond and How Does It Work?
A bond is a loan. When you buy a bond, you are lending money to the issuer — a government, a corporation, or a municipality … Read more
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What Is a Stock and How Does It Actually Work?
A stock is a share of ownership in a company. When you buy one share of a company’s stock, you become a part-owner — a … Read more
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What Is Passive Income and How to Get Started
Passive income is income that does not require your active, ongoing time to generate. It is one of the most appealing concepts in personal finance … Read more
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How to Choose the Right Bank Account for Your Needs
Most people use whatever bank account they opened when they first needed one — their parents’ bank, the one with a branch on campus, the … Read more
Written by: HRM
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