Summary: 'Investing Basics' for the New Year (with Mark Biller) – Howard Dayton and Steve Moore welcome investment advisor, Mark Biller (Sound Mind Investing), to discuss basic investing topics (motivation, when to start, short-term vs long-term, when to seek professional advice). Next, they answer questions at (800) 525-7000 and MoneyWise@Compass1.org about the following: "How do life insurance and investing relate to one another in my long-term plan?" "What's a good rate of return for a growth stock mutual fund?" "What's the difference 'preferred' stocks and 'common' stocks?" "If a company goes bankrupt, what happens to the stock?" Mentioned on today's program was the "Sound Mind Investing Handbook". Be sure to check out the Compass website for a complete listing of helpful resources and radio archives. Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!
