Exchange-traded funds, or ETFs, and mutual funds are often used interchangeably because they share so many similarities and can accomplish the same crucial investment goal: diversifying your portfolio. Both enable investors to purchase a basket of assets, usually a mix of stocks and bonds, that were selected by teams of expert investors. But there are…
If you think the cost of a car has gotten expensive, wait until you go to insure it. Auto insurance rates are up nearly 15% in some states over the past year, while nationwide premiums have risen more than $240 on average to $2,014 a year, according to comparison site Bankrate. And the increases aren’t…
Most of us have felt the effects of inflation at the grocery store or gas pump. Still, for millions of Americans, inflation has been felt significantly in rent increases, with some areas experiencing increases of up to 31% in just one year. Now, you would think that this rent increase would discourage people from continuing…
