Faith & Its Role in
Higher Education
1d Atuuud tf-CLOultu, tf-OSUMl
There will be a panel discussion
led by faculty, followed by
questions/comments and
a wine and cheese reception.
UO PROFESSORS
Daniel Falk, Religious Studies
Steve Shoemaker, Religious Studies
Deborah Green, Religious Studies
Timothy Gianotti, Religious Studies
Jack Maddex, History
LCC PROFESSOR
Eileen Thompson, English
NCC PROFESSOR
Loren Crow, History and Biblical Studies
HSU PROFESSOR EMERITA
Dodi Poelzer, Sociology
Friday, May 14th, 5:00 p.m.
Event will be held at the Newman Center
I 850 Emerald Street (across from Hayward Field)
/ For more information, call 346-4468
your independent student newspaper
Investment Group
advises students
on financial gains
The campus group explores
monetary options such as
stocks and mutual funds
By Steven Neuman
News Reporter
Games of chance, such as dice and
roulette , often offer a thrill as play
ers face the potential of winning
some money. Yet smart investing can
provide better odds and bigger pay
offs than anything on a casino floor
— even for beginners.
The stock market isn't about luck,
it's about smart investing and getting
ahead in the game, said Pei-Kai Chi,
director of operations for the Uni
versity's Investment Group. "You
want to get a start as early as possi
ble because that can make a huge
difference."
The Investing Group is an organi
zation of students composed of un
dergraduates and graduates in vari
ous majors at the University.
Members research potential invest
ments, write reports and share their
findings to gain real-world investing
experience.
But investing does not only mean
buying stocks. The markets offer in
vestors many options with different
amounts of risk. Choosing the right
option means evaluating how much
money one is willing to lose at the
expense of gaining more, Chi said.
Chi, who graduated from the Uni
versity in April, said a certificate of
deposit or money market account
generally offers the best investment
for those looking to invest but un
willing to take the risks associated
with the stock market.
"Instead of opening a savings ac
count with your bank, open a mon
ey market account," Chi said. Basi
cally it's risk free, but you're taking a
little risk so you get slightly higher
interest rates.
"In a money market account the
bank will invest money for you in the
market so they pay you a better rate"
Chi said CDs offer beginning in
vestors the best low-risk, short-term
investment. They have set time lim
its, which may range from six
months to a year or more, before the
invested money becomes "mature."
During that time, banks will invest
the money and pay investors a set
amount of interest based on the in
terest rate set by the government.
The bank is obligated to return an
investment with the accrued interest,
making CDs very safe but not very
profitable, Chi said.
"1 would always recommend a CD
because it's so low risk, but since the
interest rate is so low right now, they
will only pay one percent or two per
cent interest rate," Chi said.
Chi said investors looking for a
larger return on investments must
take more risks.
"If you don't know too much
about the stock market, mutual
funds are the way to go," he said.
Mutual funds are "pools" of mon
ey created by companies in which
people invest. Professionals use the
investors' collective funds, known as
a portfolio, to buy a wide range of
stocks and make investments.
Chi said a fee usually accompa
nies mutual funds because they are
managed by professionals.
"Sometimes they will charge a
one to two percent expense ratio, so
if you make $100 they will charge
one to two dollars to just manage
the money," he said.
Associate business Professor John
Chalmers is the faculty advisor for
the Investment Group.
"The best stock tip is not to pick
(individual) stock," said Chalmers.
"The best stock tips are index funds
and mutual funds — things that
provide for a diversified portfolio."
The riskiest but most potentially
lucrative choice a beginning investor
can take is to purchase individual
stock in companies. Purchasing
stock may be very profitable because
the stock market, which controls the
price of stocks, is so unpredictable,
Chalmers said.
Chi said a strong base of knowl
edge about the companies one is in
vesting in is the foundation of wise
investment choices.
'The stock market is risky only if you
don't understand it and you just go
ahead and buy whatever the newspa
pers say (is doing well); then I don't
suggest it," he said. "You may want to
talk to some professional, or I would
suggest that students go to Merrill
Turn to INVESTMENT, page 5
fashion that
pays to
be me
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