There are three places we can put our hard-earned money. The bank. It’s safe, guaranteed by the FDIC, but today not earning enough to keep up with inflation.

The market: stocks, bonds, mutual funds, precious metals, real estate, etc. You can make money, but you can lose. The third option is an indexed strategy where the principal and interest is guaranteed. Typically the index used is the Standard & Poors 500. The S&P is the 500 most widely traded stocks in the US. It’s 70% of our economy and represents 100 different industry sectors. Deciding how to allocate your investments factoring your age and risk tolerance is important. The choices you make can have lasting effects for you and your family.