Smart investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to compounding and its risk-return tradeoff. Investing is an effective way to put your money to work and potentially build wealth.
Investment goals never have a “one size fits all” solution. For that reason, at Care Life we offer a wide array of options. Whether you aim to accumulate wealth, generate income for retirement, or something in-between, we have a solution to help suit your needs.
A mutual fund is an investment vehicle that pools investors’ money and invests it in stock market-linked financial instruments such as stocks and bonds to generate returns.
An exchange traded fund (ETF) is traded on stock exchanges such as NYSE and NASDAQ, but unlike a stock, which focuses on one company, an ETF tracks an index, a commodity, bonds, or a basket of securities.
An annuity is a contract with an insurance company whereby the insured pays an initial premium (or premiums) into a tax deferred account. The insurer then pays the insurer a sum at pre-determined intervals. An annuity is a long-term investment plan that is issued by an insurance company and is designed to help protect you from the risk of outliving your income. Types of annuities include Life annuity, Fixed Term Annuity, Deferred Annuity, Impaired annuity.