Saturday, October 23
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Financial Advisor

What Are Mutual Funds? Understanding The Basics

Financial Advisor, Galveston, Investing, Personal Finance
If you’re one of those investors with very little time to research and invest in individual stocks, it might be a good idea to look into investing in mutual funds. Whether your goal is to save money for retirement, or for a down payment to buy a house, mutual funds are low-cost and effective way to invest your money. *TOP CIT BANK PROMOTIONS*PROMOTIONAL LINKOFFERREVIEWCIT Bank Money Market1.00% APYReviewCIT Bank Savings Builder0.95% APYReviewCIT Bank CDs0.75% APY 1 Year CD TermReviewCIT Bank No Penalty CD0.75% APYReview What is a mutual fund? A mutual fund is an investment vehicle in which investors, like you ad me, pool their money together. They use the money to invest in securities such as stocks and bonds. A professional manages the funds. In addition, mutual funds are cost eff...

5 Reasons You Need To Hire A Financial Consultant

Financial Advisor, Financial Planning, Galveston, Personal Finance, Retirement
If you’re a busy individual and have no time for the day-to-day management of your money, you may need to consult a financial consultant. Beyond being busy, however, there are major turning points in your life where working with a financial consultant is absolutely necessary. For instance, if you’re approaching retirement, you’ll have to figure out how much money you need to live during your non-working years. So what is a financial consultant? And what do financial consultants do? In this article, we’ll run you through situations where financial consulting makes sense. We’ll show you where you can get a financial consultant that is ethical and who will act in your best interest, etc. Of note, hiring a financial consultant is not cheap. A fee-only financial a...