A Look at Diversification

Ancient Chinese merchants are said to have developed a unique way to reduce their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a good chance of getting through and...

Traditional vs. Roth IRA

Traditional IRAs, which were created in 1974, are owned by roughly 36.0 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 19.1 million households.1 Both are IRAs. And yet each is quite different. Up to...