For most investors, at least part of their portfolio is allocated to bonds, and for a good reason. Bonds provide income and stability, typically carry less risk than stocks, and add balance and diversification to portfolios. While this diversification benefit is crucial, it's important for investors to understand how external factors, especially inflation, influence bond prices and overall portfolio performance....

Key takeaways Using savings to fund renovations avoids the extra expense of interest and accumulation of debt, and encourages sticking to a budget. But it depletes cash reserves and may mean postponing a project. Borrowing for renovations allows for immediate project commencement, can strengthen credit history, and frees up funds for other goals. But it involves paying interest, increases your...

Small-business owners are integral to the fabric of the U.S. economy, generating millions of jobs and providing identity to the communities they serve. Small businesses have generated 12.9 million net new jobs over the past 25 years, which accounts for two-thirds of the jobs added to the economy, according to the U.S. Small Business Administration. By fostering entrepreneurship and innovation,...

The investment world can be difficult to navigate, especially if you're just starting out. There are lots of confusing terms and complicated acronyms that can turn off someone who's looking to learn more about financial concepts. Fortunately, there is no shortage of investing books that can help you learn what you need to know to become a savvy investor. Books...