Before you begin investing additional money, you should understand the different types of asset classes (a group of similar types of investments) available to you. You can invest in one asset class or a mix of them. The mix of asset classes is referred to as your “asset allocation.”
Having been caught largely unaware in 2020, how can businesses and individuals financially prepare for 2021? While it’s a large undertaking, it’s achievable if people make solid financial plans and stick to their budgets.