Saving and Investing Basics: Choosing a Vendor–Massachusetts Educators
Your employer may allow you to choose your 403(b) or 457(b) plan provider from a group of pre-selected financial professionals or firms (“vendors”). Determining which investment products best meet your financial objectives and identifying a vendor who sells those products is very important. This video provides information to consider and questions to ask when selecting a vendor.
Introduction to Fees and Form CRS
As with anything you buy, there are fees and costs associated with investment products and services. These fees may seem small, but over time they can have a major impact on your investment portfolio. This video will provide an introduction to fees charged by an investment professional and fees related to specific investments. Also discussed is the impact of fees on the value of your investment portfolio and questions you can ask about fees.
Investment Scams - Affinity Fraud
Affinity frauds target members of identifiable groups, such as the elderly, or religious or ethnic communities. This video provides an overview of affinity fraud, discuss types of schemes often associated with affinity frauds, and provide tips to avoid fraud.
Investment Scams - Fake CDs
This video discusses tactics used by fraudsters promoting fictitious CDs and tips to avoid fraud.
Compound interest is the interest you earn on interest. In this video, we demonstrate the impact of compound interest and the benefits of saving early for retirement.
Help for APS Workers Encountering Senior Investment Fraud
This video provides information for Adult Protective Services (APS) workers and other caregivers about common investment scams and tips to avoid investment fraud.
How Fees Impact Your-Investment Portfolio
One factor to consider and compare when choosing to work with an investment professional are the fees they charge. And, if you are already working with an investment professional, it is a good idea to periodically review the fees you pay. This video will go into some detail about different types of fees and provides an example of how fees impact your investment portfolio. This video expands upon the information in our on-demand video titled, “Introduction to Fees.”
Modified: April 6, 2023