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What’s the Difference Between Broker-Dealers & Investment Advisors?

What’s the Difference Between Broker-Dealers & Investment Advisors?

Key Takeaways Investment advisors and broker-dealers operate under different regulations Broker-dealers typically must get your approval before buying securities Investment advisors can buy and sell on your behalf without approval for each transaction New regulation coming soon from the Securities and Exchange Commission Broker-dealers and investment advisors can both play a crucial role in their […]

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How to Tell if a Financial Advisor Is Right for You

How to Tell if a Financial Advisor Is Right for You

Key Takeaways Look for clear communication in a good financial advisor Ensure your financial advisor is working toward your specific goals Be aware of advisors who may be increasing their commissions through churning Choosing the right financial advisor could be a critical step towards making sure your finances are headed in the right direction, whether […]

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What Is a Commodity? Definition & Basics for Investors

What Is a Commodity? Definition & Basics for Investors

Key Takeaways Commodity examples include energy, metals, grains, livestock, and other foodstuff Commodity trading and investment alternatives include derivative contracts, exchange-traded funds, and shares of commodity producers  Learn about the fundamental factors that can move commodity markets Commodity markets may conjure an image of a freewheeling world of high rollers living hard and taking outsize […]

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Retirement Budget Planning: 9 Simple Steps to Consider

Retirement Budget Planning: 9 Simple Steps to Consider

Key Takeaways Start a retirement budget by listing mandatory expenses Aim to have your retirement income exceed all the costs in your plan  Develop a healthy emergency fund for additional confidence  Planning ahead for your retirement years can provide additional confidence and financial security. And with increased life expectancy, a retirement budget can take into […]

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Retirement Budget Planning: 9 Simple Steps to Consider

Retirement Budget Planning: 9 Simple Steps to Consider

Key Takeaways Start a retirement budget by listing mandatory expenses Aim to have your retirement income exceed all the costs in your plan  Develop a healthy emergency fund for additional confidence  Planning ahead for your retirement years can provide additional confidence and financial security. And with increased life expectancy, a retirement budget can take into […]

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