Radio Transcript, 60 seconds, for use during week
of September 24.
This is an Invest Wisely minute brought to you by Iowa State
A basic understanding of stocks can help you increase your investment
successes. There are several ways to categorize them – income
stocks, growth stocks; or value, cyclical, or speculative stocks – to
name a few.
But few investors can afford to buy individual stocks and be
adequately diversified. Instead, consider mutual funds
that pool money from many investors to purchase a basket of stocks. Mutual
funds also could be a smart move if you don’t have the
skill or time to select and monitor individual stocks.
Invest Wisely comes from Iowa State University Extension through
a grant from the Investor Protection Trust providing investor
education on the web at investorprotection.org.