What Is Preferred Stock?
Investors looking to buy stock in a company may be able to choose between two main types of stock: preferred stock (aka preferred shares or preferreds) or common stock. What…
Tiffany Lam-Balfour
Tiffany is an investing writer at NerdWallet. Previously she was a senior financial advisor and sales manager at Merrill Lynch, and she spent nearly a decade in investment banking and investment management prior to advising. Tiffany has a finance and management degree from The Wharton School of the University of Pennsylvania and believes in making sound financial advice and guidance accessible to all.
Posts by Tiffany Lam-Balfour:
What Is a Financial Advisor, and What Do They Do?
Financial advisors help you create a plan for meeting your financial goals and guide your progress along the way. They can help you save more, invest wisely or reduce debt.…
What Is a Dividend and How Do They Work?
Dividends are payments a company makes to share profits with its stockholders. They’re paid on a regular basis, and they are one of the ways investors earn a return from…
How Asset Allocation Impacts Your Portfolio
What is asset allocation? Investing articles regularly contain some variation of the phrase “don’t put all your eggs in one basket.” Those eggs represent your money, and the baskets are…
Call Options: What They Are and How They Work
When people talk about options or options trading, they’re usually referring to strategies that involve buying and selling two types of options, calls and puts. This article provides an overview of…
Diversification in Investing: Why It’s Important and How to Do It
Diversification is the simplest way to boost your investment returns while reducing risk. It may sound like an impossible investing goal, like juggling flaming pitchforks, but a diversified portfolio can actually…
