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Investments are not just for the wealthy. Whether you’re in your first job, your prime earning years, or nearing retirement, it’s never too late – or too early – to use personal investments as a savings vehicle for your future. There are several types of accounts for this purpose and a multitude of funds to invest in.
With all the acronyms, tax rules and unfamiliar vocabulary, it can be daunting territory. This video reviews investment basics, describing the account options and their tax implications and offering six things to consider when choosing where to invest. With this introduction, you’ll be more prepared to talk with a financial advisor and map out an investment plan that’s right for you.