1. Personal Savings and Investment
ELEMENT - 46

2. Objective Identify Types of Savings Identify Types of Investments
Resources Available
Objective

3. Choosing a Savings Account
FDIC or NCUA
Competitive Interest Rates
Withdrawal and Deposit Guidelines
Choosing a Savings Account

4. Types of Investments Bonds – the most inexpensive.
Certificate of Deposits (CDs) – has a specific fixed term, generally a minimum deposit amount, and typically a fixed interest rate.
Stocks – ownership share in a company typically managed by a broker.
Mutual Funds – an investment vehicle comprised of a pool of funds, from many investors, for the purpose of investing in securities.
Types of Investments

7. Resources https://www.saveandinvest.org/military
Command Financial Specialist or FFSC
Resources

8. QUESTIONS?