Portfolio turnover influences investment returns and personal cash flow. It applies to managed portfolios, mutual funds, ETFs, and your personal portfolio that you manage on your own. Here’s what it is and why you should pay attention to turnover.
If you invest in your 401(k) and stay invested, your account balance can grow to $1 million or more. Before you can accumulate a healthy retirement account balance, you need to decide how to invest your 401(k) dollars. Here are action steps to help you make investment decisions.
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