Financial Readiness Stand-Down

Building Wealth Through Saving and Investing A briefing by the U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission will provide a briefing on Building Wealth Through Saving and Investing, on 17 September at 0800 at Tinker Event Center. The SEC will provide a brief overview of the mission of the SEC and discuss a three-step roadmap for building wealth during a military career by making tax-advantaged accounts, like the TSP and IRAs, the foundational building blocks of an investing portfolio. The briefing will also touch on smart use of credit and the importance of having an emergency fund. Additional investing concepts will include how investments grow through compounding, how diversification can reduce the risk of investing, and how frequent trading and even sports betting can impact your finances. The briefing will also highlight how to spot the red flags of scams, especially the rising trend of relationship investment scams that begin with seemingly accidental texts or social media contacts and can lead to devastating losses and repeat victimization. Please join us and check out the SEC's digital resources, including its webpage, www.Investor.gov/military.