Fixed Income Rates: Are They Right For You?

Fixed Income Rates: Are They Right For You?

You may be able to choose from a fixed or variable-rate loan. This is because the prime rate and other index rates can change during the loan term. Understanding how a fixed rate works will help you choose the right rate for financing and repayment terms. Fixed...
What is asset allocation?

What is asset allocation?

Asset allocation is the process of dividing your investments between different assets such as cash, bonds, stocks, or bonds. It is an individual decision. The asset allocation that works for you depends on your risk tolerance and how long you are willing to invest....
What is a bond ladder?

What is a bond ladder?

A bond ladder is a portfolio that consists of individual CDs and bonds that mature at different times. This strategy provides current income and minimizes interest rate fluctuations. Instead of buying bonds due to maturity in the same year, buy CDs or bonds which...