ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Investment Opportunities in the U.S.

Updated on January 2, 2014
Investment Service
Investment Service | Source
Source

Major U.S. Investment Services

If you are searching for information on investment options or where to invest money, there are several investment services available in the U.S. from which you may choose. You can choose on or more of these services to meet either your short term or long term financial goal. Below is a brief description of some of the major ones.

Commercial Banks

These are State and National Banks which provides checking and savings accounts, sell certificates of deposit, and make loans. The Federal Deposit Insurance Corporation (FIDC) insures checking and savings accounts up to $250,000, as of January 2012.

Examples of Commercial Banks

  • Bank of America
  • Wells Fargo
  • Chase
  • Citigroup

Thrifts

Savings and loan associations(S&Ls), mutual saving banks and credit unions which offer checking and savings accounts and make mortgage and consumer loans. Historically, S&Ls make mortgage loans for houses while mutual savings banks and credit unions made small personal loans, such as automobile loans. Most major thrifts offer the same range of banking services as commercial banks. The Federal Deposit Insurance Corporation insures checking and savings deposit up to $250,000, as of January 2012.

Examples of Thrifts

  • First Federal
  • GE Capital Retail Bank
  • Third Federal Retail Bank
  • Third Federal S&LA of Cleveland
  • ING BANK

Insurance Companies

Firms which offer policies(contracts) through which individuals pay premiums to insure against some kind of loss, say, disability or death. In some life insurance policies and annuities, the funds are invested for the client in stocks and bonds and paid after a specified number of years. Thus, insurance sometimes has a saving or financial-investment element.

Examples of Insurance companies

  • Prudential Financial
  • New York Life
  • MetLife
  • Liberty Mutual

Mutual Fund Companies

These are firms which pool deposits by customers to purchase stocks or bonds(or both). Customers thus own a share of a particular set of stocks or bonds, say, stocks in companies expected to experience a rapid growth(a growth fund) or bonds issued by state governments(a municipal bond fund).

Examples of Mutual Fund companies

  • Fidelity
  • Dreyfus
  • Putman
  • Vanguard

Pension Funds

For-Profit or nonprofit institutions which collect savings from workers(or from employers on their behalf) throughout their working years and then buy stocks and bonds with the proceeds and make monthly retirement payments.

Examples of Pension Funds

  • Teachers Insurance and Annuity Association-College Retirement Equity Fund
  • Teamsters' Union

Securities-Related Firms

Firms which offer security advice and buy and sell stocks and bonds for clients. More generally known as stock brokerage firms. They are available online as well as offline.

Examples of Securities-Related Firms

  • Merill-Lynch
  • Charles Shcwab
  • Scottrade

of all the above mentioned investment vehicles, thrifts seem to be affected most by the financial crisis. Prior to the Financial crisis, the largest thrifts included Washington Mutual and Golden West. Today, both of these banks are no longer in existence. In fact, since the financial crisis when the mortgage industry was dealt a huge blow, thrift banks have been gradually disappearing.

Because they focus primarily on mortgage and consumer loans, this makes them particularly more vulnerable to housing market downturns. However, it's believed that the last announcement made by the Federal Reserve about how much money a bank must have on hand, thrifts have essentially been wiped out. Based on finding, ING is believed to be the largest thrift currently in operation.

Conclusion

With all the information provided above on major financial services available in the U.S., hopefully, the question should no longer be -- where to invest money? but rather, which one of these investment vehicles should I use to meet my financial goals?

By: I.McFarlane 8/7/12

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)