An emergency fund provides a critical safety net against unexpected expenses like job loss, medical bills, or home repairs, with experts generally recommending three to six months of essential living costs. The exact amount depends on factors such as job stability, income variability, dependents, and health needs, and while many Americans remain underprepared, consistent saving strategies and smart planning can help build long-term financial security.
Stock volatility measures how much a stock’s price fluctuates over time, with higher volatility signaling greater uncertainty and risk. Wall Street gauges volatility through tools like standard deviation (historical price swings), beta (comparison to market movement), and implied volatility from options, all of which help investors assess risk and build portfolios aligned with their goals.
Receiving an inheritance is rarely just about the money. It’s also about loss, responsibility, identity, and choice.
Impact investing, or investing with the intention of creating a positive social or environmental change in addition to a financial return, is not only possible but also on the rise.
Preparing a strategy that is both advantageous and tax-efficient might feel daunting at first. Thankfully, there are several things you can do now to optimize your tax burden, and your HCM Advisor can help walk you through them.
Dividend investing is a popular choice for investors who want regular income. In order to be a savvy investor, it’s important to understand and explore dividend yields, including what they are, how they are calculated, and why they matter.