Financial Strategies

Financial Advisors vs Stocks Brokers

Difference Between Financial Advisors and Stocks Brokers?

Financial advisors provide services related to holistic financial strategy. Their main responsibility is to provide personalised financial strategies to clients so they can achieve their long-term financial goals. Retirement preparation, tax planning, estate planning, financing for school, and insurance requirements are a few examples of this. However,  stockbrokers are experts in purchasing and selling stocks …

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Saving vs. Investing

Saving vs. Investing: Understanding the Differences

Two separate financial strategies with differing goals and degrees of risk are saving and investing. Depending on one’s time horizon, risk tolerance, and financial objectives, one can choose to invest or save. Savings is more in line with short-term goals like accumulating an emergency fund or saving for a down payment. Long-term objectives like retirement, …

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