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Posts about Investing & Retirement (2)
Build Your Savings with Certificates
Want your savings to earn more than they would in a traditional savings account, without taking on risk? Then you may want to look into opening a certificate. If you do your banking at a credit union, you may also know them as share certificates, or as certificates of deposit (CDs) at a bank.
READ THE ARTICLEThe 4 Big Differences Between Trading and Investing
You’ve probably heard about people making money and winning big in the stock market. Some are traders and some are investors. That might sound like the same thing, but there are differences between the two. In this article, we’ll examine each and show you how to trade and invest wisely.
READ THE ARTICLEInsurance Needs Assessment: Married With Children
A growing family, by definition, means growing financial obligations—both present and in the future. Raising children can increase your insurance needs and heightens the urgency for being properly prepared. If you haven't evaluated your family's insurance plans in a while, a new life milestone is a good opportunity to do so. Join us in walking through the different types of insurance you may hold and how your needs may change with time.
READ THE ARTICLEInvesting Safely: Recognizing Ponzi Schemes
If it sounds too good to be true, it probably is. If someone asks you to invest and promises impossible returns on your money, such as guaranteeing that your money will be doubled or tripled with no risk, it’s probably a Ponzi scheme. Knowing how to recognize different types of fraud is a key component to financial literacy. There are many types of investment scams, but one of the most famous is known as the Ponzi scheme.
READ THE ARTICLEProduct Spotlight: Bump-Up Certificates
When it comes to saving, the way you choose to save will greatly influence your return on investment. Aggressive options may have the highest yield while posing the greatest risk of loss, where conservative saving options offer a slower, but risk-free return. Certificates of deposit, also known as just certificates, are in the latter group and provide a safe way to grow your funds over time. To explore this savings option, continue reading.
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