Plain-English explanations of financial concepts, products, and how money actually works.
Diversification is one of the most fundamental principles in investing, and also one of the most misunderstood. It is not simply owning many investments — … Read more
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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
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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
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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
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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
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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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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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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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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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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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