Investment Blogs for 2022

January 03, 2022 by First Federal Bank

If you are looking for ways to stay in the know when it comes to the financial world, look to investment blogs. The following sites will provide a multitude of perspectives and insights on your money:

Topics: Investing, Financial Education

Gifting Stocks and Bonds

November 03, 2021 by First Federal Bank

Looking to share your wealth, benefit your loved ones, or teach a child about investing? Gifting stocks and bonds can be a great way to give your friends and family a financial boost. Here’s how you can express your generosity through gifting investments — and some possible pitfalls to keep in mind.

Topics: Investing, Financial Education, Family

What is the Four Percent Rule?

September 17, 2021 by First Federal Bank

If you are on the edge of retirement or a current retiree, you may be familiar with the phrase, the Four Percent Rule. The concept is used to help retirees manage your finances in your golden years.

Topics: Retirement, Investing, Financial Education

Benefits of Investing

August 02, 2021 by First Federal Bank

You work hard for your money — now it’s time to make your money work for you. When you invest, you have the chance to build wealth and diversify your streams of income. Here’s a look at what investing can do for you:

Topics: Saving Money, Investing

What Is a Certificate of Deposit Account?

July 30, 2021 by First Federal Bank

In the world of investments, certificates of deposit (CDs) occupy a middle ground. They provide you with a guaranteed interest rate in return for keeping a specific amount of money in an account for a set period of time. CD accounts typically offer better interest rates than traditional savings accounts, and are a less volatile option than...

Topics: Saving Money, Investing

Dow vs. Nasdaq

April 26, 2021 by First Federal Bank

We’ve all heard about the Dow and the Nasdaq. At times, it’s almost as if the terms are used interchangeably when discussing the economy or stocks. However, these are simply two tools that investors can use to check on the health of the market. Here’s a look at what you need to know about stock market indices — and how they differ:

Topics: Investing, Financial Education

How to Plan Your Retirement Using Age Banding

February 22, 2021 by First Federal Bank

Even if you’re nowhere near retirement age, chances are you’ve been — or have recently begun — preparing for the eventuality of leaving a working lifestyle behind. A lot goes into retirement planning, and knowing where to start or how to make sure everything goes as planned can be daunting. That’s where the concept of “age banding” comes into...

Topics: Retirement, Investing

What Are Roth IRA Conversions?

February 05, 2021 by First Federal Bank

As you plan for retirement, it’s important to invest your money in a way that maximizes your income in your senior years. In some cases, a Roth IRA conversion could get you closer to this goal by allowing you to pay less in taxes when you retire. Before you take this route, it’s important to understand the basics of Roth IRA conversions and...

Topics: Retirement, Investing

Learn About Cryptocurrency

December 28, 2020 by First Federal Bank

In recent years, cryptocurrency has been a booming topic among investors. Just like traditional currency, you can exchange it for services, products or other types of cryptocurrencies. You can also cash it out, much like chips at a casino. However, these digital currencies have many key differences when it comes to storage, transactions and...

Topics: Technology, Investing, Financial Education

The Financial Accounts Everyone Should Consider

December 04, 2020 by First Federal Bank

Diving into the choppy waters of financial planning can feel intimidating, especially when you realize just how many types of accounts there are. Thankfully, many experts agree there are a few accounts everybody should consider holding to keep your money organized, set you up for the future, and even help grow your wealth.

Topics: Personal Banking, Saving Money, Retirement, Investing, Financial Education, Budgeting

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