A 3 fund portfolio uses index funds in 3 asset classes: total U.S. stocks, total international stocks, and total bonds. It is a passive portfolio for long-term investors. The benefits of a 3 fund portfolio includes simplicity, diversification, lower fees, lower taxes, and higher returns. What is a 3 Fund Portfolio? Managing your own portfolio […]
Why a 3 Fund Portfolio is the Ultimate Investment Strategy Read More »
What is a 3 Fund Portfolio? As an investor, you know that putting all your eggs in one basket is a risky strategy. Diversification spreads your investments across multiple assets – like stocks, bonds, and real estate – to reduce risk and stabilize returns. Diversification is a simple concept, but one that many investors overlook.
How to Create a Vanguard 3 Fund Portfolio Read More »
Description This is lesson X in our financial accounting series. These lessons cover the topics in a typical financial accounting course or principles of accounting 1 university course. For all the lessons, see The Ultimate Guide to Learn Financial Accounting.
Financial Accounting template 1 Read More »
The accounting equation is the cornerstone of the accounting system. It shows the relationship between a company’s assets, liabilities, and equity. The accounting equation is Total Assets = Total Liabilities + Total Equity. Assets are economic resources owned by the company. This includes current assets like cash, inventory, and receivables. Assets also include non-current assets
Accounting Equation Explained With Examples Read More »
Here are 20 important financial terms that people should know: Asset: Anything of value that is owned by an individual or a business. Liability: Any debt or obligation that an individual or a business owes. Budget: A plan for managing income and expenses over a certain period of time. Credit score: A numerical representation of
