Transcription of Basic Investment Terms
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Basic Investment Terms
8880 Rio San Diego Drive, Suite 1150 | San Diego, California 92108-1690 (619) 298-3993 | (800) 615-6666 | Fax (619) 298-1976 Robert C. Eddy, CFP Margaret F. Eddy, CFP Matthew B. Showley, CFP Because money doesn t come with Basic Investment Terms ANNUITY A financial product sold by financial institutions pay out a stream of payments to the individual at a later point; primarily used as a means of providing guaranteed cash flow for an individual during their retirement years. ASSETS Resources with economic value owned by a company, fund, or individual, especially those that can be converted to cash; real estate, automobiles, investments (stocks and bonds), materials, inventories, etc.
401(k) An employer sponsored retirement plan. Allows an employee to save for retirement and defer income taxes on the saved money until withdrawal.
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