Are you a parent (or caregiver) who shops on Amazon? Then you want to check out Amazon Mom!
Investing incurs risks because it is impossible to correctly predict future returns of any investment every time (if you can let me know!). However, what is certain is that not all investments perform the same way under the same market conditions; some zig while others zag. Investors may try to pick one investment asset over the other by non-diversifying, but any wrong pick would result in lower returns or losses. Portfolio diversification reduces investment risk by eliminating such possibilities through investing in assets of different expected returns. The expected return on a diversified portfolio will always lower than the asset with the highest expected return but higher than the asset with the lowest expected return. In other words – it evens out your highs and lows for a more even return.
Ever go food shopping and think you need only a few items?
You do your shopping, thinking you didn’t buy much and then you get to the register.
The amounts on the register screen start piling up.
When your order total pops up you do a triple take saying “what?!?”
You’ve just spent way more than you wanted. What’s worse is you get home and you don’t really have much food for meals. Ends up you have a lot of snacks and such.
SmartyPig is running a new contest called “Race out of Debt.” The winner will get $4,951. Why $4,951? Well, it seems that’s the average American’s credit card debt as of this Summer. Sound like a lot? It’s actually down 13% from last year! So to celebrate bringing our debt down, SmartyPig is going to make one contestant super happy.
Do you shop at Amazon? Do you have an American Express card that earns Membership Rewards points? Great news! Amazon now accepts AmEx Membership Rewards points as payment (for most items).