Most people are "loaners." They invest their money in what they consider to be safe investments, usually at a local bank or credit union. Being a "loaner" can be a barrier to your financial independence.
Don't Just Save: Invest!
Where do you have the potential to get the kind of rate of return you need to keep ahead of inflation? Equity investments or, simply put, the stock market. The market takes you out of the "savings" mode and puts you into the "investment" mode. *
Where do I begin?
Mutual funds are one of the best options available today. They offer an opportunity to participate in the stock market without having to select and manage individual investments yourself.
What is a mutual fund?
A mutual fund is an opportunity for you, together with many other investors, to pool your money. Professional money managers invest the "pool" for you, keeping the investments under constant supervision.
As an investor, you own shares in your portion of the investment. You also receive your proportionate share of any earnings on the investment of the funds
11-02-07, 07:44 PM
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