Direction Daily - Member Benefits

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Partner Benefits

Direction Circle Partner Donation Accounts

Direction Daily is your 'one stop shop' for donation opportunities both to The Direction Movement and to your other favorite charities. We are actively securing agreements with the other leading not-for-profit organizations in the community making them readily accessible through a convenient, all-electronic contribution platform. In addition, our unique online "Assessment Wizard" assists you in choosing the charitable organizations that meet your specific criteria.

There is no charge to set up or maintain your donation account. It is absolutely free to you as part of your Covenant Partner incentives program.

As a Direction Circle Partner you can further contribute to your financial goals by also establishing an investment account for just $60 a year. A large portion of that $60 per year fee is used to reimburse The Full Gospel Baptist Church International Fellowship for the cost of maintaining this program. For only $7, $12, or $70 per month you can make a huge difference in our community. So, become a Direction Partner today and change a generation through your auto-donation accounts.

Low Cost and Affordable

Research has shown that many Americans have largely been left out of wealth building opportunities due to a variety of factors, including financial barriers such as high minimum investment requirements, high transaction fees, and high commissions. Direction Daily has reduced these barriers so that everyone can participate. As a Direction Daily member, you will enjoy unlimited investments in no-load mutual funds without paying any transaction costs or commissions, and without having to meet the mutual fund's standard minimum investment requirements. In addition, you'll enjoy access to professional advisors, educational materials, monthly newsletters, and much more for a low membership fee of only $60 per year.

How do we keep the costs down? Direction Daily uses an all-electronic platform (no paper and no mailing means less cost), powered by SaveDaily.com, Inc. a Registered Investment Adviser and a pioneer in reducing the cost of financial services to deliver financial advice, education and tools that make investing simple and affordable to all.

Easy To Get Started and Easy To Use

Joining Direction Daily is easy. Simply complete our online member registration form, then link up your bank account for electronic investing. Now, you're ready to start putting money away towards a child's education, a new home or business, a comfortable retirement, or any other goal.

Consider yourself an investing expert? Simply choose an account type and choose from our menu of African American managed mutual funds. Or if you'd like some assistance, our simple online tools will help you:

		Determine your investor profile and goals
		Determine which type of Investment Account makes sense for you
		Review a list of suitable investment choices based on your profile
		Setup an Automatic Trades schedule to contribute towards your goals on a regular basis

Our simple interface makes it easy to invest money whenever you want. Simply enter the amount you'd like to invest, confirm the transaction, and the money will be invested right from your bank account. Redeeming (selling) an investment works basically the same way, except that the proceeds will be deposited electronically right into your bank account.

And if you invest in our Managed Allocations of mutual funds, you can feel secure in the knowledge that a Money Manager is actively managing your account.

Automatically Invest Weekly/Monthly

One of the best strategies for achieving your financial goals is to practice disciplined, regular investing. Our 'Automatic Trades' feature provides Direction Daily members with the discipline they need, by allowing them to schedule automatic investments on a regular basis. For example, you can schedule the system to automatically invest $200 from your bank account each payday (or bi-weekly, monthly or whenever)! And our simple interface makes it easy for you to setup, stop, or modify your Automatic Investments at any time. Investing on a regular basis is the best way to reap the benefits of dollar-cost-averaging and compounding. As a member, you can read up on these concepts in the Direction Daily educational areas.

Professional Advisors and Money Managers

As a member of Direction Daily, you have a wealth of professional resources at your disposal. To assist you with your investment choices, our Money Managers have created an online Assessment Wizard, which helps you to determine your investor profile and suggests an Account Type (Individual, Joint, or Custodial) and an allocation of mutual funds that is deemed suitable for your specific goals. Additionally, Direction Daily members may contact our licensed financial advisors by phone, fax, or email to get personalized answers to questions about money and investing.

To simplify the investing process, we offer 'Managed Advisory Allocations' or groups of mutual funds, which are designed to address your unique investor profile and goals. When you invest in these allocations, our professional Money Managers will oversee your investments on your behalf, rebalancing and reallocating them as necessary. These professional Money Managers were specially selected for the Direction Daily because of their familiarity with the universe of African American managed mutual funds, and their unique understanding of the needs of the Black investor.

In addition, members receive a monthly newsletter geared for the Black investor, and will have the opportunity to participate in seminars and other local educational events conducted by our Advisors and Money Managers.

Goal-Oriented Investing

Our investing program is designed to help you to focus on your important long term financial goals such as retirement, your child's college education, or a new home or business. For example, when you set up your investment, we ask you to name that investment after the goal, which it represents, and we provide you with a Savings Calculator to help you determine an appropriate monthly amount to contribute towards that goal. In addition, our online Assessment Wizard will assist you in selecting a suitable mutual fund allocation for a given goal, based on such factors as your time horizon and risk tolerance.

Educational Content

As a Direction Daily member, you'll have full access to our robust Educational areas. These areas put the following relevant, valuable financial information at your disposal:

		Dozens of articles on money and investing
		A Savings Calculator to help you estimate the savings needed to reach financial goals
		An extensive glossary of financial terms
		Recommended reading, helpful links, and other resources

In addition, each month you'll receive the Direction Daily newsletter containing useful information compiled by our team of professional financial advisors.

Dollar Based Investing and Diversification

Dollar-based investing allows you to invest as much or as little as you want without having to worry about purchasing a specific number of mutual fund shares. Let's say ten shares of a mutual fund cost $1200 in total, but you only have $1000 to invest at the moment. No problem! With dollar based investing, you can purchase fractional shares, so you can invest your $1000 and you'll receive as many shares (and fractions of shares) as can be purchased for $1000, based on the share prices for that day. So instead of focusing on numbers of shares and the price of those shares, you can simply focus on the amount you have to invest and how much that amount is growing over time.

Of course, the best way to practice dollar based investing is to use our Automatic Trades feature to schedule a specific dollar amount to be invested on a regular basis, like $200 each payday.

Best of all, Direction Daily has no minimum initial or ongoing investment requirements, so your $1000 can even get you started in a mutual fund that normally has a $2500 minimum! And since, mutual funds are composed of a large number of individual securities, your $1000 investment is naturally diversified.