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Finance Fallacy: Stocks in the Long Run

June 12, 2009 at 7:20 PM EST
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TRANSCRIPT

What are the best
saving and investing products for you? The answer depends on when you
will need the money, your goals and if you will be able to sleep at
night if you purchase a risky investment where you could lose your
principal.

For
instance, if you are saving for retirement, and you have 35 years
before you retire, you may want to consider riskier investment
products, knowing that if you stick to only the “savings” products or
to less risky investment products, your money will grow too slowlyΓÇöor
given inflation or taxes, you may lose the purchasing power of your
money. A frequent mistake people make is putting money they will not
need for a very long time in investments that pay a low amount of
interest.

Securities and Exchange Commission’s Roadmap to Saving and Investing

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