We are happy to announce that we will be hosting a webinar on March 13th at 5:30 on how an annuity might be the perfect addition to your portfolio. The link to RSVP is below. If you cannot attend the live event, register and we will send you the recording to watch at your convenience.To register CLICK HERE.Many people believe investing and saving are the same thing, but they’re definitely not. Though they are often used interchangeably, it’s essential to understand their unique differences and how properly understanding these two words impacts your financial roadmap. Simply put, saving is putting money into an account where it sits safely; it doesn’t carry much risk, nor does it grow very rapidly. On the other hand, investing is putting money in an account that does bear some risks, but it also seeks to grow and make more money. The differences between the two are vast, and your choices in how you utilize them can result in significant financial differences in the long run. The explanation given in this Saving vs. Investing: What’s the Difference? article from Investopedia helps explain the stark contrast perfectly. It also covers examples of savings and investing, such as highlighting the difference between high yield savings account and a 401k. It will change how you see them both and should motivate you to start investing (or investing more). If you would like to add more saving and investing to your financial plan, let's have a quick chat.Schedule a time with Roxanne - CLICK HERE |
Saving vs investing: Two Very Different Things!
