Extension News

Listen Up to Invest Wisely

6/11/2007

AMES, Iowa -- Radio listeners across the state of Iowa will soon be learning to invest wisely, thanks to the Iowa State University Extension Invest Wisely Project.  The Invest Wisely Project is a year-long campaign encouraging Iowans to make informed investment decisions. 

"Findings from the 2007 Retirement Confidence Survey suggest a growing need for investor education,” says Cynthia Fletcher, Iowa State University (ISU) Extension families specialist.  "Only one in four workers (23 percent) strongly agreed that they were knowledgeable about investments and investment strategies."  Fletcher says the series will cover topics ranging from calculating investment returns, to asset allocation models, to tax considerations of investment vehicles.  “The project goal is to help Iowans prevent problems, make wise decisions and achieve their investment objectives.”

ISU Extension received a grant from the Investor Protection Trust (IPT).  The IPT is a nonprofit organization devoted to investor education.  Since 1993, the IPT has worked to provide independent, objective investor education needed by all Americans to make informed investment decisions. For more information about IPT, visit www.investorprotection.org.

Along with a weekly series of radio messages, the ISU Extension Invest Wisely Project is providing a series of newspaper articles and Web resources for investors to help educate Iowans on the benefits of investor education at www.extension.iastate.edu/investwisely.

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Contacts :

Cynthia Fletcher, Extension Families Specialist, (515) 294-8521, cynthia@iastate.edu

Lisa Scarbrough, Extension Communications and Marketing, (515) 294-4972, lscarb@iastate.edu