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 | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content What Smart Investors Know Savvy investors take the time to separate emotion from fact. Best-Performing Asset Classes Bonds may outperform stocks one year only to have stocks rebound the next. Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences.