Some advisors have practices that focus on specific types of investments or niche markets.
If your investment portfolio seems to be lacking a particular area and you are not confident that your current advisor or you yourself can take on the challenge of incorporating the changes you desire, then you may want to speak with a more specialized advisor in that particular area.
Similarly, some advisors focus on specific types of clients, such as medical professionals, and if such a category suites you then you may find that your needs are best met by someone who deals with people like you most often. There are some designations and certifications that advisors can earn beyond the standard ones, which may cause them to be sought out on certain topics or investments.
These specialized services often come at a higher premium that the non-specialized ones, and an investor will have to weigh the cost/benefit ratio based on available information.
The Hang Seng Index (HSI) is comprised of the 50 biggest stocks traded on the Hong Kong Stock Exchange
Overbought is a term used when analysis doesn't seem to justify the buying behavior of investors past a certain threshold
The Cost of Goods Sold, or COGS, represents the overhead associated with the materials and labor, which were needed …
Net worth is the total value of a person or entity’s assets, minus all of their outstanding liabilities
Credit debt or credit card debt is a type of consumer debt that is incurred through a short-term revolving loan facility
A+/A1 is a few ratings down from the top, which is AAA/Aaa. This can be somewhat misleading or confusing to investors
Two words: blockchain technology. Transactions in bitcoin are encoded, packed into a block of other transactions, and all of these are sent out to thousands of computers
The Ethereum platform allows developers to use it as a coding environment and distribution network for applications built on the blockchain
One simple way is to purchase the stock of companies that produce commodities. The primary commodity exchange is the CME
401(k) plans typically allow loans to be taken, so that investors don’t have to pay taxes or an early-withdrawal penalty