Invest in yourself!

Increased knowledge and awareness enables you to make wise investment decisions. Whether you are unfamiliar with investing or just need a second opinion on your investment decisions, you will receive guidance and support from our counselors, enabling you to be more comfortable and confident in making financial decisions … and the sooner you start investing, the more you can save!

Understanding investments is key to ensuring a comfortable retirement - because Social Security alone will not be enough.

What happens during a session?

During the first session about investing, our professionally-certified counselors ask questions about your goals and gather information on what factors may affect your goals, including the following:

  • What is the timeline for your investment? 
  • Do you understand basic investment options?
  • What do you understand about stocks and bonds?

Overall, the first session focuses on understanding your goals and knowledge about investing, and from there, we may expand into education on possible options for successfully achieving your goals.

What happens during follow-up sessions?

Typically, the follow-up session focuses on exploring more specific investment options and making sure you understand the level of risk you are taking on, as well as other potential issues. You can expect that during the first and second sessions you and your counselor will have discussed a variety of topics:

  • Pay yourself first
  • Make it automatic
  • Dollar cost averaging
  • Stocks: ownership
  • Bonds: lending money
  • Mutual funds, defined
  • Risk versus reward
  • Diversification
  • Asset allocation
  • Are you investing enough to attain your goal?
  • Tax implications of your choice; Roth versus traditional retirement accounts

Resources you may use

  • Contact Information

    Financial Counseling Clinic
    Iowa State University
    4380 Palmer HDFS Building, #1340
    Ames, Iowa 50011-4380 

  • Did You Know?

    Currently, approximately 1/3 of Social Security beneficiaries rely solely on Social Security for income during retirement, and 69% of beneficiaries “rely on it for 90% or more of their income” (Social Security Administration, 2012).

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