I often get asked this question. Ellaine, should I hire a financial advisor? Can I hire you? First of all, I am not a certified and licensed financial advisor. What I do in this blog is provide education so you can make the decisions for yourself including the decision of whether you can just DIY invest on your …
When I graduated as a nurse practitioner, I was faced with a dilemma: Should I pay off my student loans first or should I start investing? It’s really an age old question but very common. To answer this question, we’ll first have to analyze your student loan interest rate vs. the investing expected return. Student Loan Interest …
In reality, almost everything has risks. When you invest, you take a certain level of risk. There are different types of risks when it comes to investing. There is no guaranteed return for any type of investments. Typically, the higher the risk, the higher the reward. This is why it’s very important to assess your risk tolerance …
Calculating your net worth is an important part of managing your finances. It’s another metric that helps you track your financial situation and help you set yourself for success. Most people don’t like calculating their net worth because they think it’s complicated but it’s actually simple! If you are not yet tracking your finances, here …
