GUARANTEES
- Principal:
A guarantee that the full amount paid for the investment will be available at the end of a specified time period. Example: CDs, money market funds, fixed annuities or insured bonds.
- Income:
A guarantee that a fixed income will be payable for a specific period of time. Example: CDs, insured bonds, or fixed annuities.
LIQUIDITY
- Liquidity:
Investments that are easily accessible and can be quickly converted to cash. Example: Money market funds, U.S. Treasury Securities, Agency Bonds, Municipal Bonds.
