The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Share | Related Content What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. The Anatomy of an Index The S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding. 5 Smart Investing Principles Principles that can help create a portfolio designed to pursue investment goals.