As a woman with a data-driven brain, I was sold. I immediately signed up to invest with Ellevest as soon as I learned about it. The signup process was relatively straightforward: I simply entered my personal information and long- or short-term goals, then submitted my salary as well as the current value of any funds I wished to be taken into account. As a member, I could link a credit union account, checking and savings accounts, investment profile, 401, or any other type of account I held.
Next, I was able to choose an overarching financial goal. Whether I'd like to build wealth, retire on my own terms, start a family or business, buy a home, or save for a vacation or an emergency, my Ellevest account would tailor itself to that particular goal. To match my personal financial goals, I selected the option to build my wealth in the long-term. For this setting, Ellevest gave me a 20-year projection with error bars ranging from its value in a very poor market to its value in an exceptional market.
This projection was based on pre-set monthly and one-time investments, but I am always free to modify those to explore different projection scenarios. I linked my bank account to Ellevest and set up a recurring, automatic monthly deposit. My personal portfolio came out heavy on broad-based ownership of the entire US stock market, a sizable chunk of emerging international corporate stocks, and a small emphasis on US bonds. However, I can up my aggressiveness or up my conservativeness as I see fit. Impact Portfolios redistribute stock and bond ownership to include companies that emphasize women in leadership, sustainability and accountability, and community development.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix is investing in kids content - Business Insider - Business InsiderGreater investment in kids content from Netflix could cause even more young viewers to migrate away from ad-supported environments Does that mean NetflixFilm will cut back on all the pro-pot exposure in the rest of their programming? Every other show someone is toking up or worse, pretending its harmless. It's out of control. 👎 I think this is a necessary strategy to beat Disney+. Let's be honest, no one but kids is really using Disney+, and if Netflix wants to keep parents using their platform they need to make content kids wanna watch and can watch ElRodrigo69 are you ready? kiddo 3
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market picks, investing strategy from fund manager Chris Mack - Business InsiderChris Mack's fund has crushed its competition for 15 years. He shares 3 little-known stocks driving his market-beating record, and tells us why he just dumped Amazon.
Source: BusinessInsider - 🏆 729. / 51 Read more »
T-Mobile-Sprint merger just cleared its last hurdle - Business Insider - Business InsiderThe formation of New T-Mobile amid a time of flux in the US wireless market will have wide-ranging consequences for the US telecommunications space. I have been with t-mobile for 15 years hopefully they won't start acting like sprint or I am gone
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 4-part strategy I'm using to save for a down payment - Business InsiderAutomating your savings isn't easy as a freelancer, but using this four-part strategy makes saving for a down payment simple.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump tweets Larry David MAGA hat clip, seems unaware it's an insult - Business InsiderTrump seemed unaware that the joke made in the season 10 premiere episode of 'Curb Your Enthusiasm' was at the expense of him and his supporters. I get why Trump tweeted it. Larry David looks good. Real sharp. He looks like he's on his way to a Trump Rally. He’s got the best brain. Watched this episode. Larry wore the hat so no one would talk to him so that he could avoid meeting with someone. In the show it worked. Bc the guy cancelled the meeting 😹
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon outsources trucker support and drivers say it's dangerous - Business InsiderAmazon outsources its technical support hotline for truck drivers overseas — and some truckers are slamming the unusual strategy as a potential safety issue
Source: BusinessInsider - 🏆 729. / 51 Read more »