hanges in your lifestyle, your finances and the market are facts of life, and that's why it's important to tailor your savings and investment plan to weather these changes. One strategy for long-term saving is diversification -- distributing your funds among a variety of investments and savings vehicles. Diversification serves as an excellent buffer against sudden economic or market fluctuations.

Many routes to diversification
You can diversify a number of ways:
By asset class
Since savings and investments react differently to interest rate changes, it may be a good idea to vary your investments.
By industry
While stocks in one industry may decrease in value, another industry's stock may soar.
By company
A well-rounded portfolio might contain stocks in both large and small companies.
By geographic region
If stocks in one region fall, stocks in other regions may go up or stay constant.

Make the Callable CD part of your plan
One safe, smart savings alternative that would complement your portfolio is LaSalle's Five-Year Callable CD. This fixed-rate CD offers competitive returns with a $25,000 minimum balance requirement. LaSalle may redeem, or "call," your Five-Year Callable CD at the end of the first year, but you still earn a great rate on an FDIC-insured balance (up to the maximum allowed).

The Callable CD is a secure investment that earns you money without exposure to stock market risk. For more information, or to open a Callable CD, visit your nearest LaSalle branch.