When your child gets married, a chapter in your life closes and another one opens. This signifies a change in the relationship you'll have with your child. The help you offer them will have to be more in the form of adult-to-adult guidance and less in the form of parent-to-child suggestions as your child begins making decisions cooperatively with their spouse. To help ease into that transition and ensure your child builds a healthy relationship in their marriage, here are two meaningful gifts for your child's wedding.
The stock market may be a traditionally good place to park some investments over the long term, but in the short term its volatility has been more than a bit of a turn-off to people getting closer to retirement age. But if you need to do some catching up -- maybe you lost a lot during the recession, or maybe your income just hasn't been very good until now -- you need to get better returns than just sitting on your money in a low-yield savings account.
Opening a new storefront will give you an opportunity to engage with your customers in person, as well as attract new business from passersby who wouldn't have known about your products or services if it weren't for your physical community presence. By implementing a variety of resources into your storefront preparation and management process from the start, you are sure to increase your overall success when it comes to connecting with customers and optimizing your profits.
When planning for the future, it is important to consider a wide range of investment products. One particular investment product that gets a great deal of attention is an annuity. If you are considering an annuity, here is what you need to know.
What Is an Annuity?
Financial institutions, such as banks and insurance companies, offer annuities. An annuity functions as a contract that requires a financial institution to pay you a certain amount of income.
Annuities are an effective way to receive an income after you retire. However, with many options available, it might be difficult to determine which option is the best for your family and to what extent you would like to mix annuities with other investments. There are a few things you will need to investigate before you purchase an annuity.
Consider Getting Inflation Protection
Determine whether the annuity has inflation protection or not.