It can happen to anyone. A certificate of deposit (CD) matures, a bond pays out interest or you take a stock dividend in cash. The money is deposited into an account, but life gets in the way. Soon you’ve forgotten all about it.
While it can be easy to overlook your uninvested cash, we believe in making your money work harder with a goals-based approach. Think about some of your potential needs in terms of the time horizons associated with each one:
Short-term needs (12 months or less)
- Mortgage payments
- Other consumer debt
- Car purchase
Medium-term plans (one to five years)
- College tuition
- A child’s wedding
- Home renovations
- Overseas travel
Long-term goals (five years or more)
- Second home
- Long-term care insurance
- Wealth transfer
Take control and seize new opportunities
BNY Mellon Investment Management offers a full range of investment capabilities and solutions designed to help you achieve your goals – no matter what your time frame. Our exclusive and diverse family of global investment firms comprises experienced managers across the full spectrum of investment styles, asset classes, sectors and market capitalizations.
Bank accounts generally do not offer attractive interest rates. To earn a more competitive yield on your cash, consider choosing from our lineup of money market funds.
Click here to learn more about our money market funds.
Fixed income investments may allow you to expand your search for yield while helping to manage portfolio volatility. Within this universe, we believe municipal bonds are appealing for several reasons, including tax-exempt income, competitive yields and potentially lower volatility than taxable bonds.
Look to BNY Mellon Investment Management for a competitive selection of actively managed national and state-specific municipal bond funds. Click here to view the complete list.
For your most significant financial goals, equity market exposure can help provide the potential for growth that historically outpaced inflation and most other asset classes. While the stock market can demonstrate higher short-term volatility, investors may benefit from allocating a portion of their portfolio to this asset class.
The family of equity mutual funds from BNY Mellon Investment Management spans global, international and domestic categories. Click here to read more.
Putting your cash to work
Ready to put your cash to work? Our affiliated investment managers each specialize in their own singular strategy. Together, they form a cohesive system of products and services designed to help almost all investment needs. And they’re backed by the strength of BNY Mellon’s commitment to quality, performance and client relationships.
BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, encompassing BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution companies. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the corporation as a whole or its various subsidiaries generally.
Views expressed are those of the advisor stated and do not reflect views of other managers or the firm overall. Views are current as of the date of this publication and subject to change. Forecasts, estimates and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Certain information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Please consult a legal, tax or investment advisor in order to determine whether an investment product or service is appropriate for a particular situation. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are subsidiaries of BNY Mellon.