On this episode of The Retirement Matters Show, Dale talks with you about exactly what it means when you see a percentage rate of return, followed by APY. This becomes very important for savers, especially now as interest rates begin to climb into the fives and even the sixes on some short term investment vehicles that we're seeing out there! You will see these investment 'vehicles' or contracts that will often display a rate of return that sometimes can become confusing when comparing one to the other. They are utilmately there to 'grow' your money but, today, Dale will provide some clarity around the details inside of those contracts and what a percentage rate of return followed by APY really means.
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This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.
