Used interchangeably, Index Funds, Mutual Funds, and ETFs (exchanged traded funds) can be confusing for the new investor. They all provide instant diversification, packaged in such a way that allows you to access multiple stocks at the same time. They can be actively managed or they can track a preconfigured index. Actively managed ETFs orContinue reading “Mutual Funds & ETFs”
Category Archives: Investing
UTMA Custodial Accounts
I received the following message from my cousin a couple of days ago : [REDACTED] was gifted $100. Of course she doesn’t get the value. Instead of blowing it all on Barbie I was thinking about trying this whole investing thing. What would you recommend? The UGMA, or Uniform Gift to Minors Act, was passedContinue reading “UTMA Custodial Accounts”