Wera Rodsawang | Moment | Getty ImagesTo the average investor, mutual funds and exchange-traded funds may not seem very different.After all, they are both relatively liquid baskets of stocks, bonds and other assets overseen by professional money managers, and can help investors diversify their portfolios.But there are some key differences that may make one a better financial choice than the other for certain investors, according to experts.How they tradePerhaps the most obvious difference is how investors t ...

For many people, being retired is almost synonymous with being frugal. With little control over your monthly income, it’s natural that your attention might be more focused on controlling expenses. Must Read In fact, 52% of American seniors on Social Security said they were cutting back on discretionary items like dining out and travel due to rising living costs outpacing benefits, according to a recent Nationwide survey [1]. Over 30% said they were pulling back on essentials like groceries and medicine ...