Investments

How to Save for College

Putting a child through college can be a financial burden for many families. Many college students take out loans to pay for higher education, and in some cases, it can take a lifetime to pay it all back. So, how can you help your child save for college? If you do your research, it’s much easier than you may think. Use this guide to start learning how you can save[...] Continue reading

Exchange-Traded Funds (ETFs) vs. Mutual Funds

Written by: Skylar Riddle, CFP® | Financial Advisor When considering investment strategies, exchange-traded funds and mutual funds are almost always included in the conversation. However, for investors, the distinction between these two investments can be blurry. Although they are similar, several key differences can contribute to both the performance of the[...] Continue reading

Compliance Corner: Name Trusted Contact to Help Protect Against Elder Abuse

Financial elder abuse is frightening and not something many people expect to deal with or plan for. At Fort Pitt, we're fiduciaries, which means we act in our clients’ best interests. After the recent amendments to FINRA Rule 2165, we want to reach out to you again to encourage everyone to set up a "trusted contact" with their custodian (e.g., Charles Schwab, Fidelity,[...] Continue reading

10 Investment Mistakes to Avoid

If you want to have enough to live on in retirement, you need to invest. But many people are unsure how to start investing, nervous about losing their money, or wonder what not to do in the stock market. While there are always ups and downs in the market, investing is the best way to beat inflation and watch your nest egg grow. The average annual return for the[...] Continue reading

What Is an Investment Plan?

An investment plan is a set of investing goals and a plan to meet them. Many individuals hesitate to start investing because they are unfamiliar with the process. Some investors lose money from entering the market without a strategy. Investment plans inform peoples' decisions and improve the chances of satisfactory returns. Why Is an Investment Plan[...] Continue reading