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Choosing an Investment Firm

Updated: January 7, 2009
For the beginning investor, the process of choosing between different stocks, bonds, and mutual funds can be intimidating. Choosing the right investment firm can reduce that stress. Tips from Scott MacAdam of First Busey Trust. Discount Brokerage -if you know a significant amount -you do your own research -cheaper, efficient -you call the shots Full Service Brokerage -you partner with an investment professional -you`re still in control: they advise you Managed Plan -management firm takes your money and makes decisions on your behalf -check their/your progress against benchmarks 3 JUNE 2004 mrm

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