An amusing and whimsical look at behavioral finance best practices for investors.
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It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
Take the guesswork out of your IEP or SEP with this helpful article.
Diversification is an investment principle designed to manage risk, but it can't prevent against a loss.