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 How will Sequestration affect your military family?

How will Sequestration affect your military family?

Like many military spouses and families, you may want to know how sequestration will impact your military family in detail, but can't seem to get anything more than, "It's a bad idea." You continue to hear about the billions of dollars to be cut from the DoD budget and how that will negatively impact the readiness of our armed forces in general. Yet, what remains unclear to you is the direct impact sequestration will have on your military family.

For example:

Will sequestration impact the CDC and child care? If so, how?

image for 5 Tips to a Successful Military Spouse Career Search

5 Tips to a Successful Military Spouse Career Search

ChrisCam5.jpgYou know, I started Macho Spouse because I couldn't find a job in my career field during our last PCS. Most of us military spouses have probably gone through similar depressing job-searches. But after two years of unemployment, here I am, back in the job market and gainfully employed. This time, however, I have a whole new appreciation for what it takes to land that next job. The following is a short list of what I learned during my latest employment drought.

The first thing every military spouse needs when planning his or her career is patience. Patience, patience, patience. We must understand that our career trajectories won't be as quick, or logical as our civilian counterparts. And that's OK. As long as we understand where we want to be at the end of our working life, taking a step backwards now and then isn't a big deal as long as it moves us further forward down the line. Remember, our life situations can change rapidly, so we don't have to find that “perfect” job today since we probably won't be able to keep it anyway. Focus on building your resume so that when your spouse does decide to retire, you will have a great resume and lot's of experience to land that “perfect”job.



 

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