Individuals may cite different reasons for not investing, but with important long-term financial goals, such as retirement, in the balance, the reasons may not be good enough.
Why invest?
Make money on your money
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
Achieve self-determination and independence
When you build wealth, you may be in a better position to pursue the lifestyle you want. Your life can become one of possibilities rather than one of limitations.
Leave a legacy to your heirs
The wealth you pass to the next generation can have a profound impact on your heirs, providing educational opportunities, the capital to start a business or financial support to your grandchildren.
Support causes that are important to you
Wealth can be an important tool for impacting the world in a meaningful way. So whether your passion is the environment, the arts or human welfare, you can use your wealth to affect positive changes in your community or around the world.
A framework for investing
The decision to invest is an acknowledgment that it comes with certain risks. Not all investments will do well, and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon and the nature of your financial goal. Remember, diversification is an approach to help manage investment risk. It doesn’t eliminate the risk of loss if security prices decline.
Get help from a financial advisor
Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
As a member of Arsenal Credit Union you have access to David Weis, our knowledgeable Financial Advisor available through our broker-dealer CUSO Financial Services, LP (CFS)*.
Conquer your retirement resolution with a no-cost, no-obligation appointment today! If you have questions, please call David at 314.919.1058, email him at david.weis@cusonet.com or visit his website.
Visit David’s website today
*Non-deposit investment products and services are offered through CUSO Financial Services, L..P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright FMG Suite.
