Investing is an effective way to put your money to work and potentially build wealth. However, that is not why the majority of law enforcement officers start investing.
The real reason that most law enforcement officers begin investing is because our FTO or a Supervisor tells us to sign up for deferred comp. How do I know? Because I was told to sign up, too.
During this episode of Financial Roll Call, we discuss some of the reasons why we should invest. Whether it is to supplement your pension, outpace inflation, or for liquidity reasons, it is important to know that investing is how you take charge of your financial security. It allows you to not only grow your wealth, but to also generate an additional income stream ahead of retirement or while in retirement.
Do not just set it and forget it. Take the time to educate yourself when it comes to investing and the investments that you are holding.
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Shore Point Advisors is registered as an investment adviser with the State of New Jersey. Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.
Learn more: https://shorepointadvisors.com/