to evaluate possible financial advisors
Transcript, 3 minutes 5 seconds, for use during week of May
Description: Penny, Susan, and Ira talk about useful websites
for finding investment information
Announcer: Invest Wisely comes to you from Iowa State University Extension through
a grant from the Investor Protection Trust, providing investor education on
the web at: investorprotection.org.
Susan: Penny, we talked about how to find information on investing
mentioned that you had other sites that you use regularly that
Ira and I might find helpful as well.
Penny: Another site
that I find useful is the Securities and Exchange Commission
website. That's www.sec.gov,
the government agency that oversees and regulates the securities
markets in the U.S.
Ira: Would there be information at the SEC
site on investing wisely?
Penny: Yes. As an example, the website
has a mutual fund cost calculator that can help you compare the
costs of different mutual funds and understand the impact of
those fees and expenses over time.
Susan: That would be very helpful. I'm
currently looking at several different mutual funds and would
really appreciate a way to evaluate the costs.
site you might be interested in is the Iowa Insurance Division's
Invest smart site. That's www.investsmartiowa.gov. You'll
find consumer alerts and educational resources that can help
you make investment decisions.
Ira: We've gone to the Iowa State University Extension site
at www.extension.iastate.edu and
checked out Invest Wisely. Is there other information ISU
Extension's site that might be useful?
Penny: Yes. If you
go to www.extension.iastate.edu/finances you'll
find unbiased, research-based information and education to help
Iowans make better investment decisions.
Susan: Great! I'll
definitely check that out.
Penny: You also might be interested
the federal government's website, which serves as a one-stop
shop for federal financial literacy and education programs and
Ira: I'm writing all this down and I'll be sure to
check out these sites. There's
so much good information out there, it'll take me awhile to sort
through it all.
Penny: One other site to add to your list is eXtension.
[where the leading 'e' is pronounced separately: ee ik-sten-shuhn] That's www.extension.org,
a new educational partnership of more than 70 land-grant universities. eXtension
gives you access to the best educational materials developed
by Extension all across the country. You can learn about
retirement, investing, organizing records and estate planning.
The web really gives us access to lots of information, but it's
difficult sometimes to sort out what's accurate and unbiased. These
sites are really going to help. Thank you.
welcome. And remember for more information
be sure to visit the Iowa State University Extension webpage
at extension.iastate.edu and look for 'Invest Wisely'