Investing can be very intimidating to get started. While it is not a good idea for the typical investor to buy individual stocks, mutual funds and index funds are a great way to buy into the market for instant diversity at a low cost.
Have you ever wondered what the Dow Jones Industrial Average actually is? When did it start and what does it represent? Believe it or not, the Dow Jones Industrial Average (DJIA) was originated in 1896, well over 100 years ago, by Charles Dow and Edward Jones (hence the name Dow Jones). It was created to
Investment “experts” always tout the importance of a diversified portfolio. Today I am going to explain exactly what that means and how you can build your own diversified portfolio without paying an “expert” to do it for you.