A quick run down of the differences between saving and investing and what products have more risk and therefore, more rate of return. Also briefly covers how you should choose a financial professional.
CHOOSING A FINANCIAL PROFESSIONAL<br />Investment Advisors and Financial Planners<br />Offer a variety of services at a variety of prices. It pays to comparison shop. Some offer a complete financial plan, assessing every aspect of your financial life and developing a detailed strategy for meeting your goals.<br />7<br />
CHOOSING A FINANCIAL PROFESSIONAL – CONT.<br />Brokers<br />Generally do not give you a detailed financial plan. They make recommendations about specific investments like stocks, bonds, or mutual funds.<br />In addition, they are usually paid commissions when you buy or sell securities through them.<br />8<br />
MOST IMPORTANTLY<br />Ask questions!<br />You can never ask a dumb question about your investments and the people who help you choose them<br />A helpful website to review before talking to an investment professional is http://www.sec.gov/investor/pubs/askquestions.htm<br />9<br />
For more information:<br />920.882.4800<br />www.myprospera.com<br />10<br />For more great financial tips and news follow us on Twitter and facebook!<br />http://twitter.com/MyProspera<br />http://facebook.com/<br />