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Stocks are ownership rights in a corporation. They offer potential for capital growth and often pay dividends.
While past performance does not guarantee future results, stocks have historically provided a better return than other asset classes, such as bonds and money market accounts.
Bonds are interest-bearing obligations issued by corporations and federal, state and local governments. Bonds produce steady income but historically have not shown as much growth potential as stocks.
The value of a savings bond is at maturity, and the number of years it takes to reach maturity varies, depending on the treasury securities' market rates earned over the life of the bond.
Get Started Today
Time is what gives compound interest it's power; so, if you haven't started contributing money toward a retirement fund, don't delay. If you don't already have an automatic investment plan in place, you may want to start one.
Automatically depositing a set amount each month directly from your paycheck into your retirement plan and/or investment accounts can be an easy, painless way to save for the future.
As such plans do not guarantee a profit or protect against loss in declining markets, an investor should determine their ability to invest in periods of market downturn.
Need Help? Ask an Expert
When it comes to making decisions for funding your retirement years, don't play games. If you'd like help determining a retirement strategy that's best for you, consider seeking the advice of a professional financial advisor.
An advisor also can explain various investment risks, help you select specific investments and map out a long-term strategy to best meet your retirement goals. By starting now, you won't need to depend on the lottery for your retirement nest egg.
You may reach Dean Fowlkes at the contact information below. He is also available for education seminars for business or organizations.
American Express Financial Advisors
E. Dean Fowlkes
Suite 250
801 East Campbell Road
Richardson, TX 75081
Bus: 972.437.9311, Extension 637
Fax: 972.437.1827
American Express Financial Advisors Inc. Member NASD. American Express Company is separate from American Express Financial Advisors Inc. and is not a broker-dealer.
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