Give Investors Many Advantages
Radio Transcript, 60 seconds, for use during week
of Nov. 19.
This is an Invest Wisely minute brought to you by Iowa State University Extension.
Mutual funds offer many advantages for individual investors. By
pooling money from many investors, a mutual fund company provides
diversification and the skills of professional managers. Investments
may be stocks, bonds or cash instruments.
Other advantages – mutual funds can easily be converted
into cash. Also, the ease of purchase and the smaller minimums
to invest make mutual funds attractive.
When selecting a mutual fund, pick one whose objectives and
risk level match your own. For example, if you’re retired
you may want a fixed-income fund or a growth and income fund.
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.