“You can’t take it with you.” That’s why it’s common practice for older generations to transfer their wealth to their families, friends, or charities upon their death.

Holding a portfolio of different securities is one of the keys to long-term investment success. It’s called “diversification” and this proven technique can be effective in improving a portfolio’s risk-return profile (i.e., it’s designed to enhance performance over the long run while helping to mitigate risk).

Most people look forward to the freedom of retirement, but it may seem unsettling at first. If you think about it, you spend many years working hard and saving for the future. When you retire, the future is now!

From clothing and music to home decorating and more, everyone has their own style. So it shouldn’t be surprising that people also tend to gravitate toward the characteristics and objectives of a particular investment style.

If you’re new to investing, the sheer number of investment vehicles available can be overwhelming. You could try stocks and bonds, but it’s tricky to navigate the complex investment landscape – while also understanding enough about the markets and economy – to know when to buy and sell.

The concept of “safety in numbers” is well ingrained in human behaviour. For instance, if your town was being invaded by marauders, it helped if everyone banded together to fend off the attack.