Saving & Investing
When you save, you have the money to pay for your short-term goals and enough in reserve to cover unexpected expenses. And as you accumulate savings, you have money to invest. That’s smart
Investing is saving — in overdrive. Over time, savings won’t beat the rate of inflation, which is the continual rise in the price of goods and services. But investments, including stocks, ETFs, and mutual funds, have the potential to provide a return that outstrips inflation. That way, you’ll be better able to meet your long term financial goals.
But every investment carries some degree of risk — and the possibility of losing money. So understanding the risks — and potential return — of the different kinds of investments, having an investment strategy in place, and picking your investments wisely (possibly with the help of a financial adviser) are absolutely essential.
Featured Articles for Saving & Investing:
- Alternative Investments
Variety can spice up the investment stew.
- Asset Allocation
By expanding the asset classes you use, you can add depth to your portfolio.
- Bond Prices
A bond’s price starts changing as soon as it’s out of the gate.
- CD: Certificate of Deposit
CDs are popular investments because they promise safety and interest income.
Suggested Books for Saving & Investing:
Guide to Money & Investing