to manage risk
This is an Invest Wisely minute brought to you by Iowa State
Here are tips to help you invest wisely:
When you are setting investment goals, be sure you first have
put away some secure funds in savings that are easily available
For long-term investment goals, you’ll need to consider
your comfort level with risk. The higher the potential
return on an investment, the higher the risk.
Diversification can help you minimize risk. Mutual funds
may be the way to go if you don’t have the time or knowledge
to monitor or sufficient funds to diversify by purchasing individual
stocks or bonds.
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.