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Expense Ratios: What You Need to Know

By Elias Mael | March 10, 2023

Last Updated: March 12, 2025 Mutual funds and exchange-traded funds (ETFs) are popular ways to invest money and potentially build wealth, but it’s important to know how they work and the related expenses to invest in them. One key factor to consider is the expense ratio, which is an important…

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What Is 401(k) Vesting?

By Elias Mael | February 10, 2023

Last Updated: February 12, 2025 Employer matching of 401(k) contributions is a common employee benefit. If you work for an employer that matches 401(k) contributions, your retirement account can grow faster. For example, let’s say that your employer matches up to 5% of your 401(k) contributions one for one. If…

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Six Thrift Savings Plan Mistakes to Avoid

By Elias Mael | January 27, 2023

Last Updated: January 29, 2025 If you work for the federal government or serve in the armed forces, you have access to a retirement and savings plan called a Thrift Savings Plan (TSP). According to TSP.gov, “Established by Congress in the Federal Employees’ Retirement System Act of 1986, the TSP offers…

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What Is the Thrift Savings Plan?

By Elias Mael | January 6, 2023

Last Updated: January 29, 2025 You may have heard of a 401(k), traditional IRA, and Roth IRA—they’re all retirement plans that allow you to save and invest for retirement. A lesser-known plan is the federal government’s retirement savings plan, the Thrift Savings Plan (TSP). According to the Congressional Research Service…

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Index Fund vs. Mutual Fund: What’s the Difference?

By Elias Mael | December 2, 2022

Last Updated: December 18, 2024 Are you overwhelmed by the number of investment vehicles available to you as an investor? A common question some investors have is: Should I invest in an index fund or a mutual fund? According to Investopedia, “Mutual funds didn’t really capture the attention of American investors…

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Money Market Funds: What They Are and the Advantages and Disadvantages

By Elias Mael | November 25, 2022

 Last Updated: November 5, 2024 If you’re looking at a short-term investment time horizon and want a liquid market, meaning you can easily pull your money out if you choose to, a money market fund can be a good investment vehicle. Per the U.S. Securities and Exchange Commission (SEC), money…

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How to Diversify Your Portfolio

By Elias Mael | November 4, 2022

Last Updated: November 5, 2024 Go to almost any store or website that sells something—anything—and you will find several other products for purchase. In fact, you would be hard-pressed to find any place that sells one thing and one thing only. There is a huge, perhaps business-saving reason for this:…

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