retirement

Investing: a universe of options

Retirement » Basics » Investing: A Universe Of Options

How do people acquire wealth? Some are real estate magnates, others are investing geniuses, and still others create a business empire.

You may not be the next Donald Trump, Warren Buffett or Bill Gates, but you can still amass considerable wealth by investing your money wisely in the retirement plans available to you.

That's why it's so important to know what opportunities exist for individuals. For example, target-date funds, which have hit the scene in recent years, are designed to make investing as simple as possible.

But other mutual and exchange-traded funds, stocks, bonds, certificates of deposit, Treasuries and the like are also among a rich arsenal of tools available to you as an investor. Bear in mind that investments have their own inherent perks and pitfalls.

Some may promise richer profits. Others come with less risk. That's why understanding how these investments function is such a vital step in crafting the best retirement plan possible. Put another way, you don't have to write a bestseller or pick stocks like a genius, but you do need to be knowledgeable.

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.17%  0.07 4.24%
15 year fixed 3.26%  0.04 3.30%
5/1 ARM 3.33%  0.09 3.42%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.29% --0.00 4.29%
50K FICO-based HELOC 4.04% --0.00 4.04%
100K FICO-based HELOC 3.89% --0.00 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.99%  0.01 2.98%
60 month new car loan 3.24% --0.00 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.97%  0.02 0.95%
2 Year CD 1.16%  0.01 1.15%
5 Year CD 1.71%  0.04 1.75%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75%  0.02 15.77%
Cash Back Cards 16.45%  0.03 16.48%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

Prepare to be a caregiver

Here are five financial steps you need to take to get ready to be a caregiver.  ... Read more

advertisement
Partner Center
advertisement

Connect with us