The Three Worlds of Money

When you break it down to the most basic level, there are really three worlds of money that we utilize for financial planning: banking, insurance, and Wall Street. Each of these worlds has a distinct purpose and role in helping you prepare for retirement. Let’s talk about the pros and cons of each and how we use them to design a portfolio.

 

Here’s some of what we’ll discuss in this episode:

• The banking world is great for savings and low risk, but it limits your opportunity for growth.  
• Why we don’t look at insurance as an investment and what do we use this for.
• The Wall Street world involves risk but a proper portfolio gives you the best chance for growth.

 

Want to get in touch with Mark? 

Web: https://silverman-associates.com/home

Email: mark@silverman-associates.com

Phone:

520.512.8832

520.618.5323