The legal definition of probate is “a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent's debts, and…
Rachel AlverezNovember 4, 2020
The mission of Black Folks Invest™ is to educate persons of color on investing and protecting their investments while advocating for wealth creation in black-owned businesses.
Source: www.investor.gov Many people just like you turn to the markets to help buy a home, send children to college, or build a retirement nest…
Black Folks InvestNovember 4, 2020
Source: www.investor.gov Having a “long” position in a security means that you own the security. Investors maintain “long” security positions in the expectation that the…
Black Folks InvestNovember 4, 2020
Source: Investor.gov A diversified portfolio should be diversified at two levels: between asset categories and within asset categories. So in addition to allocating your investments…
Black Folks InvestNovember 4, 2020
This is one of the most frequently asked questions in the life insurance industry! Honestly, the answer depends on two factors: What type of Life…
Jahlinda JonesNovember 4, 2020
Developing Your Investment Plan
Questions you should ask yourself when developing your investment plan include:
- What goals do I want to achieve with my investments?
- How much do I need to invest to achieve my goals?
- How much can I afford to invest?
- What is my risk tolerance?
- What am I doing to protect myself from investment fraud?
- Have I checked my investment professional’s background on Investor.gov?
Diversification of Investments
Diversification can be neatly summed up as, “Don’t put all your eggs in one basket.” The idea is that if one investment loses money, the other investments will make up for those losses. Diversification can’t guarantee that your investments won’t suffer if the market drops. But it can improve the chances that you won’t lose money, or that if you do, it won’t be as much as if you weren’t diversified.
The legal definition of probate is “a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent's debts, and…
Rachel AlverezNovember 4, 2020
Source: www.investor.gov Many people just like you turn to the markets to help buy a home, send children to college, or build a retirement nest…
Black Folks InvestNovember 4, 2020
As time changes so does our familial structures. Did you know that approximately forty percent of married couples are composed of blended families? Blended families…
Rachel AlverezNovember 4, 2020
Prior to 2013 under the existing Florida Homestead Law for Surviving Spouses, a spouse was often left with a life estate in homestead property. A…
Rachel AlverezNovember 4, 2020
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