Index funds, which track an underlying market index have grown in popularity with investors over the years. A fund might track the S&P 500 or Dow Jones Industrial Average, allowing investors to own each of the holdings within those indices. Although index funds should replicate their respective indices, no fund’s performanceContinue Reading


Even if you’ve managed to avoid sitting through a company benefits meeting, you’re no doubt familiar with the concept of a 401(k) plan. A 401(k) is a defined-contributions plan. You sock away a set amount each paycheck, your employer may match some percentage of the contribution, and years later youContinue Reading


Relatively low mortgage rates have renewed interest in homeownership, especially among young people who are tired of seeing their rent costs rise every year and like the idea of having equity—an ownership stake—in the place where they live. A residence can indeed be a valuable asset and a path toContinue Reading


Many homebuyers think that purchasing a newly constructed home is smarter than purchasing a “used” one. A brand-new home’s maintenance and repair costs should be minimal; its construction materials, systems, and appliances should be up to the latest code and energy efficient; the floor plan and amenities should meet theContinue Reading