For many early 20-somethings that are freshly graduated and are now facing credit card and loan bills, the last thing on their mind is investments.
Retirement planning today has taken on many new dimensions that never had to be considered by earlier generations. For one, people are living longer.
Asset allocation is the process of selecting a mix of asset classes that closely matches an investor’s financial profile in terms of their investment preferences and tolerance for risk.
As the cost of a college education continues to rise, outpacing the rate of inflation, it is becoming beyond the reach of most people unless they have planned early on. For people starting a college savings plan today, questions arise as to the best way to save.