Mutual Funds
It’s a simple question, but there are hundreds of books, and thousands of media articles written that try to explain investments and investing. But, really, there are two fundamental types of investments:
One type of investment helps you build your money to help achieve your goals. You know what your goals are – common goals many people have include saving for retirement, educating your child, buying a home or furniture, or taking a vacation. Financial companies Faiella Financial Group offer a solid range of investment “products” to help you build your money.
The other type is designed to return your money to you efficiently. Whether you’ve saved for retirement or a shorter-term goal, there are financial products designed to return your money in a way that helps you achieve your goal.
Build Your Savings
Investment options that help you save and grow your money:
Here are the most common options:
- Guaranteed interest savings products
- Market-based investment products
- Education savings
Turn Your Savings Into Income
Investment options that efficiently use your accumulated savings:
- to provide income for your retirement to use for any other goals.
Here are the most common options:
- Registered income products
- Income annuities
- Segregated funds income