- Introduction
- Fund Your Retirement Plans First
- Liquidity Needs
- Deposit Insurance
- Money Market Funds*
- Savings Bonds
- Emergency Funds
- Goals and Time Horizon
- Defining Risk
- What's Your Risk Profile?
- Why Take Any Risk?
- Asset Allocation
- Dollar-Cost Averaging
- Portfolio Management
- Buying Investments
- Putting It All Together
Banks and credit unions offer various deposit products, such as CDs, that represent safe, convenient places to keep your emergency money. Most deposit products are liquid, meaning you can easily convert them into cash without significant loss of principal. Banks and credit unions are federally insured for deposits of up to $250,000. For details see the section on federal deposit insurance.
Many banks and credit unions have expanded their offerings to include brokerage and insurance services. As a result, you can now buy stocks, bonds, mutual funds, and annuities at many banks and credit unions. These investments are not federally insured.
Full-service brokers do a lot more than just transactions. Your broker can provide you with financial advice and generally provide one-stop shopping for all your financial needs. He or she may even offer to provide you with professional money management for a fee.
Investment and insurance products and services are offered through Osaic Institutions, INC. Member FINRA/SIPC. TMB Financial Solutions is a trade name of The Milford Bank. Osaic and The Milford Bank are not affiliated.
| NOT A DEPOSIT | NOT FDIC INSURED | NOT GUARANTEED BY THE BANK |
| NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY GO DOWN IN VALUE | |
