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Sinking Funds vs. Emergency Funds: What’s the Difference?

Sinking funds and emergency funds both help protect you from financial stress, but they serve very different purposes. A sinking fund is designed for expenses you expect, while an emergency fund protects you from expenses you don’t. Learn how the two can work together—and why having money saved for a future purchase doesn’t necessarily mean you shouldn’t use your emergency fund when an unexpected problem arises.

Sinking Funds vs. Emergency Funds: What’s the Difference? Read More »

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Understanding Risk vs. Return

Risk and return are two of the most fundamental concepts in investing. Generally, investments offering greater potential returns also require investors to accept greater risk. In this post, we break down the relationship between risk and return, explain the role of the risk-free rate and risk premiums, and explore why higher-risk investments can produce both significant gains and significant losses.

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When Should You Get a Business Valuation?

A business valuation isn’t only something you need when you’re ready to sell. From estate and gift tax planning to ownership transfers, buy-sell agreements, and succession planning, there are several situations where knowing what your privately held business is worth can become extremely important. This post explores some of the most common reasons business owners should consider getting a valuation.

When Should You Get a Business Valuation? Read More »

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Index Funds vs. Individual Stocks: Which Is Right for You?

Should you invest in index funds or individual stocks? While both can play an important role in building wealth, they offer very different levels of risk, diversification, and involvement. In this article, we compare the two approaches and explain how many investors successfully use both to pursue their long-term financial goals.

Index Funds vs. Individual Stocks: Which Is Right for You? Read More »