Planning for the expected and unexpected requires putting money away for short-term and long-term goals. The purpose of each of your goals will determine whether the money should be put into deposit accounts or investments. In addition to knowing where to put your money, you need to be familiar with saving and investing concepts.
The WEALTH for the RIGHTEOUS newsletter will cover saving and investing products and concepts such as Asset Allocation, Bonds, CDs, Compound Interest, Diversification, Dollar Cost Averaging, DRIPs, FDIC Insurance, Fees, Financial Professionals, Index Funds, Investor Protection, Money Market Accounts, Money Market Funds, Mutual Funds, Stocks, Treasury Securities, and more. Oour planning guides will provide details on some of these topics
This Saving & Investing section features articles that give guidance for meeting your financial goals.
Bank customers have a choice of savings and investment options. However, investments purchased at a bank are not deposits and are not insured by the Federal Deposit Insurance Corporation (FDIC). More...
Deceptive pitches for investments often misrepresent or leave out facts in order to promote fantastic profits with little risk. No investment is risk-free and a high rate of return means greater risk. More...
When selecting a broker or investment advisor, research the person's education and professional history as well as the firm they work for. More...
Today there is a wide range of investment choices: stocks, bonds, mutual funds, Treasury securities (including savings bonds), options, commodities, commodity futures, real estate investment trusts (REITs), variable annuities and many more. You must investigate before you invest — and remember that every investment involves some degree of risk. More...
Generally, the decision to "save" or to "invest" is based on whether the goal is short-term or long-term. Money for an emergency fund or short-term purchases is usually put into the safest products that allow quick access at any time. Examples include: More...
Before making a securities investment, you must decide which brokerage firm—also referred to as a broker/dealer — and sales representative—also referred to as a stockbroker, account executive, or registered representative—to use. Before making these decisions you should: More...
When you make an investment, you are giving your money to a company or an enterprise, hoping that it will be successful and pay you back with even more money. Some investments make money, and some don’t. You can potentially make money in an investment if: More...
Financial institutions offer a variety of savings accounts, each of which pays a different interest rate. Below is a description of the different types of savings accounts. More...
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