A financial advisor can provide personalized guidance based on your financial situation and goals. They assist with investment selection, asset allocation, and overall financial planning, offering expertise to help you make informed decisions.
Active investing involves selecting individual stocks or actively managed funds, aiming to outperform the market. Passive investing, on the other hand, relies on low-cost index funds or ETFs to mirror the performance of a market index. The choice depends on your investment philosophy, time commitment, and belief in active management.