Discover Intelligent Advisory Portfolios (IAP)

Stocks represent ownership in a company, giving investors a share in its profits (via dividends) and voting rights. Bonds are debt securities, where investors lend money to the issuer (government or company) and receive interest in return, along with the principal repayment at maturity.

Stock investments are subject to market risk, including price volatility, business risks, and economic factors that can impact company performance. Factors like interest rate changes, inflation, and geopolitical events can also affect stock prices.

Mutual funds are actively or passively managed pooled funds, with purchases made at the end of the trading day at the NAV (Net Asset Value). ETFs (Exchange-Traded Funds) trade like stocks on an exchange and have lower fees. Choose based on your investment horizon, fee sensitivity, and preference for active versus passive management.

A diversified portfolio spreads investments across different asset classes (stocks, bonds, real estate, etc.) and sectors to minimize risk. The goal is to reduce the impact of poor performance in one area by balancing it with gains in others.

Growth stocks are shares in companies expected to grow faster than the market average, often reinvesting earnings instead of paying dividends. Value stocks, on the other hand, are shares that are considered undervalued compared to their fundamentals, offering potential for capital appreciation as the market recognizes their value.

A financial advisor helps individuals and businesses manage their finances by providing advice on investments, tax planning, retirement planning, and wealth management. Advisors can also recommend specific investment strategies based on an investor's financial goals and risk tolerance.

REITs are companies that own or finance income-producing real estate. They allow investors to pool their money to invest in large-scale real estate projects without directly owning property. REITs offer liquidity, since they can be traded on stock exchanges, and generally pay attractive dividends.

Liquidity refers to how quickly and easily an asset can be converted into cash without affecting its market price. Stocks are highly liquid, while real estate or private equity investments may take longer to sell and convert to cash.

Investing in international markets can offer diversification benefits by reducing exposure to risks specific to one country or region. It provides access to emerging markets, potentially higher growth opportunities, and currency diversification. However, it also introduces geopolitical and currency risks.