Macho Money Definitions - What Is An Investment Account?

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Macho Money Definitions - What Is An Investment Account?

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vid_whatisinvacc.jpgAn investment account is defined by the web as an account that allows you to invest in a wide variety of securities including stocks, bonds, mutual funds and fixed income products. InvestorWord.com defines an investment account as an Account held at a financial facility for the purpose of a long term investment for capital preservation, growth or fixed income. Both are correct, but you can get a more thorough explanation in this video that features USAA Certified Financial Planner, J.J. Montanaro.


See also...

image for Macho Money Definitions - What Is A CD?

Macho Money Definitions - What Is A CD?

vid_whatiscd.jpgIf you hear someone use the letters “CD,” they are abbreviating the term “certificate of deposit.”  And according to Investopedia, a CD is A savings certificate entitling the bearer to receive interest.  A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC.  The term of a CD generally ranges from one month to five years.

It can get a bit confusing, but for a more clear explanation with examples, click on the video and listen to Scott Halliwell from USAA.

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2017 Military Family Support Programming Survey

Here is a great opportunity to voice your concerns...or not. These surveys are very important for future generations of military families!

Survey open October 9th - November 12th



 

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