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Let’s get the basic definitions out of the way first: SPY and VTI are both exchange-traded funds, or ETFs. These are index funds with shares that are traded on the stock market.
...What are Stocks? Stocks represent ownership. A share of stock is simply a share of ownership in a company. When you own a share of stock, you own a share of all the company’s future profits and liabilities. It’s a small claim on a company’s future profits.
...What is a CFP and what do they do? The term “CFP” stands for Certified Financial Planner. These are financial services professionals who have passed a rigorous series of seven courses on various aspects of personal financial planning and passed a challenging exam.
...The robo-advisor revolution is having a massive effect on how people handle their money – especially for Millennials and “the digital native” generation who grew up with smartphones in their hands. Artificial intelligence and robo-advisor technology have helped democratize investment advice and management.
...Financial advisors are professionals whose job is to provide accurate and timely advice about financial strategies and products and to help you achieve your financial goals. But choosing a financial advisor isn’t easy.
...Insider Guide Reveals How to Supercharge Your IRA or 401(k) with Cryptocurrencies...