Banco Bilbao Vizcaya Argentaria : How investment accounts can help in the long term

While generating income through employment is monumental, smart investments could lead to a healthy increase in those funds. That's exactly why investment accounts exist.

Brokerage account: Allows you to invest funds in that account into stocks, bonds and mutual funds.

Good fit for: People investing in retirement; consumers who want to manage their own investments.

Mutual funds: Gives an investor a chance to become a shareholder in a professionally managed portfolio of equities and other securities, where each party shares the gains or losses of the account.

Good fit for: Investors who want to reduce risk through diversification.

Certificate of Deposit (CDs): A CD allows you to pick the length of your savings term and a corresponding interest rate. You'll earn interest at a higher rate than traditional savings accounts.

Good fit for: Consumers with big financial savings goals.

There are multiple accounts, with pros and cons to each, that may not fit with every investor's intentions. BBVA.com will examine various investment accounts in the coming months, focused on providing a breakdown of each. Through it all, BBVA Compass has an advisor for those interested in learning more information sooner.

Wondering about how to make the most of a windfall? Maximize your retirement and investment accounts? Or how to plan a secure future for your beneficiaries and charities?

Our team of experienced professional advisors will work closely with you to help define your goals, and then help you with a custom, comprehensive plan on how to get there.

Visit BBVACompass.com to learn more about investment accounts that BBVA Compass offers.