When people think about financial planning, investing often comes to mind first, and for good reason. After all, a well-managed portfolio can generate returns that grow wealth over time. But if you only focus on investments without considering the bigger picture, you might miss critical opportunities or overlook important areas of your financial health. True…
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There are many approaches when it comes to investing. At one end of the spectrum is passive investing. Passive investors believe that because markets are basically efficient, it is extremely difficult to outperform the markets over time, especially after fees and costs are taken into account. Therefore, rather than try to beat the market, own the market. On the opposite end of the spectrum is active investing. Active investors believe that through research and analysis, they can identify what and when to buy and sell, and as a result, outperform the market.
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