Fixed Income (Loan Investments)
Fixed income investments generally investments based on the loaning of money and pay a fixed or variable return on a set schedule.  These include bonds, bond funds, CDs, and money market funds.
Equity Investing
Buying and selling the ownership rights to a company by individuals and firms in anticipation of appreciation in value (capital gain) and/or income from distribution of profits (dividends).
Packaged Retail Investment Products (PRIP)
For retail investors a "packaged product” refers to any group of securities packaged together to improve the easy and efficiency of investing by providing better portfolio exposure, diversification, ease of transactions, and professional management removing barriers to entry related to cost and restricted distribution. 
Insurance Based Investment ('IBI') Products
Insurance and retail investment firms sell many insurance products as investments for retirement, wealth preservation, and building a legacy.
Alternative Investments
Alternative investing is a catch all that refers to investments other than stocks, bonds, packaged products, insurance and their derivatives. 

Types of Investments

Fixed Income /
    Debt Investing
  • Cash equivalents

    • Checking Account

    • Savings Account

    • Money Market Fund

  • Certificate of Deposit (CD)

    • FDIC CD

    • Jumbo CD

    • Long-term CD

    • Brokerage CD

  • Bonds Payment Types

    • Coupon Bond

    • Zero-Coupon [discount] Bond

    • Zero-Coupon [interest-bearing] Bond

    • Bearer Bonds (no longer used in US)

  • Bond Types/Categories

    • US Gov

      • Treasury Bonds

      • Savings Bonds

      • Treasury Notes

      • Treasury Bill

      • STRIPS: Separate Trading of Registered Interest and Principal Securities

      • TIPS: Treasury Inflation Protected Securities

      • Agency Bonds

      • Derivatives of Fed and Fed backed securities

    • Municipal

      • General Obligation Bond

      • Revenue Bond

      • Municipal Notes

      • Auction Rate Securities (ARS)

      • Variable Rate Demand Obligations (VRDO)

      • Taxable Municipal Bonds

      • No-AMT Municipal Bonds

      • High Yield Municipal Bonds

      • Derivatives:

        • Tax-exempt Commercial Paper

        • Tax-exempt Money Market Funds

    • Corporate

      • Mortgage Backed Bonds

      • Equipment Trust Certificates

      • Collateral Trust Bonds

      • Government Backed Bonds

      • Guaranteed Bonds

      • Unsecured Bonds

      • High Yield (Junk) Bonds

      • Income Bond

      • Convertible Debenture Bonds

      • Reverse Convertible Securities

      • High Yield Bonds

      • Derivatives

        • Non-gov STIPS

        • Non-gov TIPS

        • Mortgaged backed pool

          • Pass-Through Certificate

          • Collateralized Mortgage Obligation (CMO) Tranches

            • Planned Amortization Class (PAC)

            • Targeted Ammortization Class (TAC)

            • Companion or Support Bonds

            • Z-Tranches

            • PO Securities (Principal Only)

            • IO Securities (Interest Only)

            • Floating Rate Tranches

          • Collateralized Debt Obligation (CDO)

    • Foreign Bonds

      • Yankee Bond

      • Foreign Bond

      • Foreign Dollar Bond (Eurodollar bond)

      • Foreign Pay Bond (Eurobond)

  • Annuities

    • Fixed

    • Indexed

    • Variable

  • Bond Funds: Pass on features of bond types listed above

  • Face-Amount Certificate

  • Exchange Traded Note (ETN)

  • Debt Crowd Funding

Equity Investments
  • Common Stock

  • Preferred Stock

    • Cumulative Preferred Stock

    • Noncumulative Preferred Stock

    • Participating Preferred Stock

    • Callable Preferred Stock

    • Convertible Preferred Stock

  • Limited Partnership (LP)

  • Real Estate Investment Trust (REIT)

  • American Depository Receipt (ADR)

  • Derivative Securities:

    • Rights [Preemptive Rights]

    • Warrants

    • Options:

      • Hedge an existing position

      • Speculate on the direction of a stock or index

      • Create income for investor

  • Business Acquisition

    • Business Development Company (BDC)

      • Private Equity (PE)

      • Venture Capital (VC)

    • Private Placements

    • Equity Crowdfunding: See above

  • Hedge Funds

  • Managed Futures

  • Direct Participation Program (DPP)

Packaged Retail Investment Products (PRIPs)

Open-Ended Packaged Products/Funds

  • Mutual Funds, Open-Ended (Continuous Issue)

    • Equity

      • Income (dividends)

      • Growth (Mid/Large/Mega Cap speculation)

      • Aggressive Growth (Startups/Micro/Small/Mid caps)

      • Foreign

      • Index (not managed)

      • Sector

      • Equity Linked Savings Scheme (ELSS)

    • Bond

      • US Gov

      • Municipal

      • Corporate

      • High yield (Muni., or Corp.)

      • Foreign

    • Balanced (Mixed equity and bond)

    • Money Market (Cash equivalent)

    • Asset Allocation Fund (Mixed equity, bond, MM)

    • Specialty (anything else, includes commodities and gold)

  • Unit Investment Trust (UIT) (can be closed ended, but open ended is gaining popularity because it allows rebalancing on a periodic basis)

Exchange Traded Packaged Products/Funds (fixed offerings, NOT actively managed, exchange traded)

  • Exchange Traded Funds (ETF)

    • *Non-Indexed ETF = Closed Ended MF/UIT = (Don’t recommend)

    • Index ETF (The index should be stated clearly: S&P, DJIA, Nasdaq,..)

      • Stand & Poor’s Depository Receipt (SPDR or “Spider”) 

    • Inverse ETF

    • Leveraged ETF

    • Volatility Index (VIX)

  • Closed Ended Mutual funds: Mutual fund that is traded similar to an ETF

  • Business Development Company (BDC), Regulated Investment Company (RIC)

  • Real Estate Investment Trust (REIT)

  • Holding Company Depository Receipt (HOLDRs) (Holding Co): Like and ETF but investors retain ownership rights

Insurance Based Investment ('IBI') Products

Insurance should be used for the reason it was designed. Life insurance protects your family from premature death of a primary income provider. Annuities have one of two purposes either to prevent you from outliving your income or insure against loss (but you pay for this security). Long term care and disability is fairly self explanatory. When using insurance for retirement or investment you must weigh the tax benefits against the loss from fees and loss of potential return from better performing investments.


Insurance is often a necessity but nothing is free.  Insurance companies must collect more than they pay out to stay in business and are limited on how they can invest the money. If you invest in the same manner as the insurance companies you will typically get about %50 more return on investment just by avoiding fees.


Life Insurance Types

  • Term Life

  • “Permanent Life”

  • Universal Life (UL)

  • Variable Universal Life (VUL)

  • Guaranteed Universal Life (GUL)

  • Guaranteed Variable Universal Life (GVUL)

  • Guaranteed Universal Life with Cash Value (GUL w/CV)

  • Whole Life


Living Benefit Life Insurance: Is actually nothing new or special; it is just whole life or GUL with cash value and can be sold under many names like Life Insurance Retirement Plan (LIRP), Retirement Approach Free of Tax (RAFT), and other proprietary variations.




Four basic forms of annuities

  • Multi-Year Guaranteed Annuity (MYGA) Matures in a fixed # of years, Single Premium, Accumulation: Fixed

  • Indefinite maturity (investment annuity): Variable Premium, Accumulation: Fixed / Indexed / Variable

  • Immediate [payout], Single Premium, Accumulation: Fixed/Indexed/Variable

  • Deferred [payout], Single/Annual/Qu/Mo Premium, Accumulation: Fixed/Indexed/Variable



Annuity Guarantee       

  • Basic Accumulation Annuities               

    • MYGA (Multi-Year Guaranteed Annuities) "Ins Bond"; Guaranty: ROR           

    • Investment Anuities (normaly used for retirement saving); Guaranty: n/a 


  • Basic Retirement Annuities                   

    • SPIA (Single Premium Immediate Annuity); Guaranty: n/a         

    • DIA ([Any Premium] Deferred Income Annuity); Guaranty: n/a 


  • Guaranteed for Life                  

    • GLI (Guarantee Lifetime Income); Guaranty: Income payment  

    • Single (your life); Guaranty: Time          

    • Joint (last spouse); Guaranty:  Time      

    • Period Certain (min years even after death); Guaranty: Time     

    • GMLB (Guaranteed Minimum Living Benefit); Guaranty: Payment amount till death       

    • GMIB (Guaranteed Minimum Income Benefits); Guaranty: Uplock on withdraw payment          


  • Guaranteed form Loss             

    • GMAB (Guaranteed Minimum Accumulation Benefits); Guaranty: Uplock on Account Value    

    • GMWB (Guaranteed Minimum Withdrawal Benefit); Guaranty: Principal           4-6% withdrawal. Guarantees 100% of pricipal.

    • GLWB (Guaranteed Lifetime Withdrawal Benefit) % payout for life       3%-5% and is based upon your age

    • SALB (Stand-Alone Living Benefit)      % payout for life. Employee GLWB retirement plan


Other Investment Related Insurance

  • Long Term Care (LTC)

  • Disability (individual, employee)

  • Business Owner Insurance (life/disability)

  • Key Employee (life/disability)

  • Buy Sell Insurance


Common Insurance Riders

  • Guaranteed form Loss

  • Guaranteed for Life

  • Death Benefit (Life Ins) Fixed

  • Death Benefit (Life Ins) Remaining

  • LTC Benefit

  • Cash Value (loan)

  • Early Withdraw

  • Accidental Death and Dismemberment (AD&D)

  • Child Life Coverage (usually $10k)

Need more details? Contact us

We are here to assist. Contact us by phone, email or via our social media channels.

Alternative Investments
  • Unregulated (Private sale, sold to individual)

    • Real Estate, Individual (monitored by state gov)

    • Commodities, Physical (monitored by local/fed gov)

    • Collectibles (monitored by local gov)

    • Business Acquisition, Non-Incorporated transfer of ownership (monitored by state gov)

    • Equity Crowdfunding* ( Also referred to as crowdinvesting, investment crowdfunding, or crowd equity. Equity crowdfunding is a mechanism that enables broad groups of investors to fund startup companies and small businesses in return for equity.

  • Reg. D (Private placement, marketed to group) (State licensed (not necessarily regulated), Non-SEC regulated, No SEC license)

    • Business Acquisition

      • Business Development Company (BDC) that is NOT a Regulated Investment Company (RIC)

        • Private Equity (PE): Using both cash and debt to attempt to buy 100% ownership of the companies in which they invest to obtain total control and manage the firm after the buyout.

        • Venture Capital (VC): Financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).

      • Private Placements (LPs, LLCs): Common method of raising business capital through offering equity shares to acquire a few select investors.

      • Equity Crowdfunding: See above

    • Hedge Funds

    • Managed Futures

    • Real Estate, Groups including REITs and DPPs

    • Direct Participation Program (DPP) is a business venture designed to let investors participate directly in the cash flow and tax benefits of the underlying investment. DPPs are generally passive investments that invest in real estate or energy-related ventures.

    • Commodities, Securities (traded on exchange)

    • Derivatives Contracts (Complex contracts containing any type of investment instrument and often includes leverage, options, and short sales)

Note: Most alternative investment assets are limited to institutional investors or accredited high-net-worth individuals (Reg. D) because of the complex natures and limited regulations of the investments.