Cash & Assets Explained 2022 💰| Financial Definitions | Financial Fact Friday
Financial concepts can be hard to understand when there's so many definitions and things to remember about them. Part of the issue we see when educating our community is the lack of basic financial literacy that is crucial to having the best habits with your money. For next couple weeks, Mark will be breaking down financial terms from the very basic to the most misunderstood!
This week, we are starting at the bottom of the totem pole: cash and assets. Cash is a common term but did you know there were different types of assets? Tune in and learn more 💰
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All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Savings, money market and CD accounts are protected by the Federal Deposit Insurance Corporation (FDIC). CDs and insured deposits backed by FDIC up to $250,000 per depositor, per FDIC-insured bank, per ownership category. Annuities are insurance products that may be subject to restrictions, surrender charges, holding periods, or early withdrawal fees which vary by carrier. Riders are generally optional and have an additional associated cost. The information and opinions in these videos are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Advisors Excel. They are given for informational purposes only and are not a solicitation to buy or sell the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice to meet the particular needs of an individual's situation. Wise Choices Financial, LLC is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Wise Choices Financial, LLC are not affiliated companies. 01230344 03/22