Home Study Course for First-Time Investors Available
Contact: Contact: Kyle McCaskill, UMaine Cooperative Extension, (207)581-3185 or 800-287-0274
ORONO–You don’t need a lot of money to begin increasing your net worth. University of Maine Cooperative Extension is offering a home-study course for beginning investors with small dollar amounts. “Investing for Your Future: A Cooperative Extension System Basic Investing Home Study Course “was developed for people who are new to investing and may not have thousands or even hundreds of dollars to start with.
The first three units explain how and why to invest, and explore credit management, retirement planning, risk, and creating a savings plan. The next five units break down types of investing: equity investing, fixed-income investing, mutual fund investing, tax-deferred investing, and investing with small dollar amounts. The final three units review investment resources, the selection of professional financial advisors, and investment fraud. Each unit wraps up with specific steps you can take to apply the course material to your life, and includes examples, worksheets, and a glossary.
The 158-page eleven-unit home study guide was developed by a consortium of six land-grant universities, and is available from UMaine Extension