IMPORTANT
RetireWise Series Session 2: Creating and Managing Wealth
Investing 101, Risks, Understanding the Market, Expenses
Tuesday, August 11, 2020 · 3 - 4 PM
Online
From budgeting and building an emergency fund to determining your investment options and creating a will, there’s something for everyone to learn in this MetLife four-part financial education series.
Session 2: Creating and managing wealth
August 11, 2020
3:00 - 4:00 PM EST
Registration in myUMBC Required.
Please Note: Zoom instructions will be distributed prior to the training. If you have questions please email hrbenefits@umbc.edu
In Session 2, we introduce the principles of investing. Employees will learn about the general rules for building and managing wealth.
Learn the basics of understanding Investments. Key features and risks of each asset class:
- Cash equivalents
- Bonds
- Stocks
- Mutual funds
Learn about investment strategies for accumulating wealth:
- Asset classes and allocation
- Risk tolerance
- Diversification and being too conservative
- Portfolio rebalancing
Investment guiding principles
- Time in the market
- Dollar-cost averaging
- Fundamentals of managing volatility and other risks
Understanding the risks you need to manage
- Inflation
- Taxes
- Market
- Unexpected expenses
Budgeting for retirement
- Estimating current expenses
- Projecting expenses in retirement