Sunday, May 29, 2005

Coach Yourself to Success

Coach Yourself to Success

The American Savings Education Council reports more than half of American workers have less than $50,000 set aside for their golden years. Thanks to the Internet and ever-advancing technology, there are a variety of ways for people to take control of their finances.

Winning the Investment Game

ANCHOR LEAD: The American Savings Education Council reports more than half of American workers have less than $50,000 set aside for their golden years. Thanks to the Internet and ever-advancing technology, there are a variety of ways for people to take control of their finances. Brian Osuch has some tips on how to start saving for your future. (:57)

SCRIPT: Your Financial Fitness, I’m Brian Osuch. Studies show only 58% of Americans are currently saving for their retirement. In his new book, Joe Moglia, CEO of Ameritrade, says you can master investing. All you need is a little coaching.

CUT: (Moglia) Investing isn’t the great mystery Wall Street has made it out to be. You just need to learn the basics. Then, you can put your game plane together in a few easy steps.

SCRIPT: Moglia says that you don’t need to be a financial wizard to do it on your own. You already have everything you need to get started.

CUT: (Moglia) Just clear away the clutter. Establishing a diversified portfolio based on your goals and risk tolerance is not that complex. There are easy ways out there for you to get that done. You can put your plan into action. Just remember to keep an eye on it, and make changes when you need to.

SCRIPT: Even beginners can find online tools to help them build a diversified portfolio. To get started saving for your retirement or to find out more about brokerage accounts you can create online, visit Ameritrade.com. I’m Brian Osuch.

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