Vanguard Unveils New Basics Booklet

May 24, 2002 (PLANSPONSOR.com) - People new to the investment world might find a new booklet, Investing Basics, published by The Vanguard Group, helpful.

The 70-page booklet:

  • discusses why individuals should invest regularly and explores the differences between saving, investing, and speculating,
  • covers how the selected economic indicators, inflation, and Federal Reserve affect the market and provides an overview of the major market indices, stock exchanges, and market cycles,
  • provides information on the benefits of diversifying a portfolio across stocks, bonds, and cash investments and how to allocate assets among the three major asset classes, and
  • details the advantages and disadvantages of mutual funds, and offers guidance on how to choose a mutual fund based on an investor’s goals, costs, and risk tolerance

To obtain a free copy of Investment Basics, investors can call (800) 818-0084 or visit Vanguard’s Web site .

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