Saving And Investing

941 views

Published on

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.

Published in: Economy & Finance, Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
941
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
51
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Saving And Investing

  1. 1. Making money sensetips and ideas to help your family prosper<br />Saving and Investing<br />1<br />&quot;A penny saved is a dollar earned.&quot; B. Franklin<br />
  2. 2. DIFFERENCES BETWEEN SAVING & INVESTING<br />2<br />
  3. 3. ROAD MAP TO SAVING & INVESTING<br />3<br />
  4. 4. DETERMINE RISK TOLERANCE<br />4<br />Three points to consider when determining your risk tolerance:<br />When do you need the money?<br />What are your goals?<br />What can you live with? <br />
  5. 5. DIVERSIFICATION<br />Definition: Reduction of risk by spreading investments across several products.<br />5<br />
  6. 6. RISK AND RETURN<br />6<br />MORE<br />MORE<br />POTENTIAL RETURN<br />RISK<br />LESS<br />LESS<br />
  7. 7. 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 />
  8. 8. 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 />
  9. 9. 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 />
  10. 10. 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 />

×