What is a mutual fund?
Imagine you and your friends decide to pool your money together to invest in something exciting, like a collection of different stocks or bonds. Now, picture a professional money manager who takes care of all the investing details for you and your friends. That’s basically what a mutual fund is! A mutual fund is like […]
What is a managed account?
In a managed account, your personal financial superhero (the money manager) is not just any hero — they’re like a loyal sidekick dedicated to making decisions in your best interest! Think of it this way: your money manager’s main mission is to help your finances thrive. They carefully analyze market trends, assess risks, and choose […]
