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Targeted information sessions are available for buyout program participants through
the Michigan Office of Financial and Insurance Services. These sessions are geared
towards individuals managing lump sums of money, and attendees will be provided with
unbiased, useful information concerning investing, money management and avoiding fraud.
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| SESSION 1 |
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| Title: |
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Get the Facts: A Roadmap to Saving and Investing |
| Description: |
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Knowing how to secure your financial well-being is one of the most important things you'll ever
need in life. You don't have to be a genius to do it. You just need to know a few basics, form
a plan, and be ready to stick to it. No matter how much or little money you have, the important
thing is to educate yourself about your opportunities.
*Define Your Goals
*Pick a Financial Professional
*Make a Financial Plan
*Avoid Problems
*Determine Your Risk Tolerance
*The Real Journey Begins...
*Investment Products: Your Choices
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| Target Audience: |
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Anyone who is thinking about investing. |
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| SESSION 2 |
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| Title: |
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Are You Drowning in Debt - There is help |
| Description: |
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Explore and understand what the legitimate, state-regulated entities called Debt
Management Firms can do to help you consolidate your debt and put you on the
road to financial recovery.
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| Target Audience: |
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Individuals that live from paycheck to paycheck. One financial emergency (loss of job, death of spouse, medical expenses)
could place them into bankruptcy.
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| SESSION 3 |
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| Title: |
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Protecting Your Finances: How to Avoid Investment Frauds and Scams |
| Description: |
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This presentation is geared toward seniors and others with a lump sum of money. It gives examples
of how fraudsters gain the trust of their victims. It also provides useful tips on how to avoid
being scammed and what you should do if you have a complaint about a financial investment you have made.
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| Target Audience: |
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Anyone who has a sum of money and is thinking about investing. |
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| SESSION 4 |
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| Title: |
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Asset Allocation 101 |
| Description: |
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Asset allocation involves dividing an investment portfolio among different asset categories.
While the State cannot recommend any particular investment product, you should know that a vast
array of investment products exists - including stocks and stock mutual funds, corporate and
municipal bonds, bond mutual funds, lifecycle funds, exchange-traded funds, money market funds,
and U.S. Treasury securities. For many financial goals, investing in a mix of stocks, bonds,
and cash can be a good strategy. In this session we will take a closer look at the characteristics
of the three major asset categories.
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| Target Audience: |
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Anyone who is thinking about investing. |
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| SESSION 5 |
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| Title: |
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Protecting Your Nest Egg - Questions to Ask BEFORE you Invest |
| Description: |
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A presentation on how to fully understand all of your options; so that you will be in a
position to make a good financial decision, invest wisely, and avoid fraud.
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| Target Audience: |
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Anyone managing a lump sum of money, whether obtained from a payout, inheritance, etc... |
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For more information on the sessions or to schedule a session,
please contact:
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Linda Cena
Securities Director
Michigan Office of Financial and Insurance Regulation
517-335-1202
877-999-6442
llcena@michigan.gov
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For additional information on these topics, you may wish to review the following publications:
Five Keys to Investing Success
The Basics for Investing in Stocks
A Primer for Investing in Bonds
Mutual Funds: Maybe All You'll Ever Need
Getting Help With Your Investments
Maximize Your Retirement Investments
Where to Invest Your College Money
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