Media

Aug. 2, 2023

Vanguard vs. Fidelity: Which Is Best for You?

The companies’ index funds perform similarly, as they track the same market indexes. However, Avanti Shetye, a chartered financial analyst in Ellicott City, Maryland, says the fees and investment minimums vary between companies. “Fidelity funds have no minimum requirements on initial investments,” she says. “Vanguard, on the other hand, [often] has a minimum investment requirement of $3,000. For an investor who is just starting and either doesn’t have $3,000 or wants to test the waters before getting comfortable investing, Fidelity is the clear choice with its zero minimum requirement.”

Dec 27,2022

Here’s How 50% of Wealthy Millennials Plan To Retire Before Age 65

Consider investing in dividend stocks or low-cost diversified funds focused on dividends, said Avanti Shetye, CFA, founder of Wealthwyzr.

“Companies that pay dividends do so on a schedule, usually quarterly,” she said. “Companies may cut dividends during an economic downturn, but if you are invested in a dividend fund instead of single stocks, you are likely to receive some amount in regular dividends because not all companies are likely to cut dividends at the same time.”

Dec 24,2022

Yes, You Can Benefit From Rising Rates—Here’s How

“While rising interest rates hurt current retirement savings in investment portfolios, they offer an opportunity to invest in stocks funds and bonds funds at a discounted rate,” Avanti Shetye, Founder of Wealthwyzr in Ellicott City, Maryland. “As you add more capital to your retirement savings, you can deploy this additional capital to earn more over your target horizon.”

Dec 12, 2022

Don’t Let The Allure Of Bonds Mask Reinvestment Risk

“This is much easier to explain with an example,” says Avanti Shetye, Founder of Wealthwyzr in Ellicott City, Maryland. “Let’s say you own a mortgage-backed security with cash flows backed by mortgage payments from homeowners. When mortgage rates fall, homeowners tend to refinance their homes and return capital to their current lenders, who in turn return the capital to investors in those mortgage-backed securities. Investors not only lose the opportunity to earn interest on the returned capital, but also must reinvest that capital at current market rates, which are usually lower.”

Oct 10, 2022

Your Credit Card: Should You Focus on Low APR or Cash Back?

“Lowering your credit limit increases your credit utilization ratio, which is your total outstanding balance on all accounts divided by the credit limit on all accounts,” explains Avanti Shetye, CFA, founder of Wealthwyzr.

Oct 10,2022

9 reasons why your credit score has suddenly dropped

“Lowering your credit limit increases your credit utilization ratio, which is your total outstanding balance on all accounts divided by the credit limit on all accounts,” explains Avanti Shetye, CFA, founder of Wealthwyzr.