Taking control of your money is a life-long process. Here are some questions that arise at different stages in life:
Anthony and Selena, a two-income couple with school-age children, ask, “How much money do we need in savings to safeguard our current lifestyle?”
Dave and Christine, a couple nearing retirement, want to know, “Is there a better place than a savings account to keep our reserve? What should we do when our CD matures?”
Rebecca is a single parent and small business owner. She asks, “How much investment liquidity do I need in order to protect my interests?”
Isaac likes to do research online. He asks, “In an environment of low interest rates, should I be taking more risk?”
The answers to these, and other concerns, will vary with each individual situation, and can all be addressed in a review.
The FDIC insures bank accounts up to $250,000 per depositor per institution in principal and interest. However, other cash alternatives, such as money market funds, are not insured or guaranteed by the FDIC or any other government agency. Money market funds seek to preserve the value of your investment at $1.00 a share. However, it’s possible to lose money by investing in a money market fund or other cash alternative.
Mutual funds are sold only by prospectus. Please consider the charges, risks, expenses, and investment objectives carefully before investing. A prospectus containing this and other information about the investment company can be obtained from a financial professional. Read it carefully before you invest or send money.