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Release: Immediate

Women's Center offers workshop for beginning investors

IOWA CITY, Iowa -- "Investing 101: A Workshop for Beginning Investors" will be offered from 6 to 8 p.m. Thursday, Jan. 29 at the University of Iowa Credit Union branch office on Mormon Trek Boulevard in Iowa City. The workshop is free and open to the public; however, pre-registration is required and can be accomplished by calling (319) 337-4222.

Roseann Ockenfels, a financial planner with the Ockenfels Group Inc., will lead the workshop. In addition, representatives from several local investment clubs for women will talk about their experiences with group investing, a process designed to remove some of the fear from the investment process by joining with others to make group decisions regarding pooled resources.

The workshop is the third in the on-going the "Women and Money" series, co-sponsored by Women's Resource and Action Center at the University of Iowa, the Iowa Women's Foundation, Johnson County Extension Service, Focus Forward, and the Senior Center. The series is designed to give women access to information regarding financial issues. Previous workshops have covered budgeting and credit concerns.

According to national statistics, women earned 75 cents for every dollar that men did last year and maintained 29.2 million households with no husband present. The national poverty rate for women 65 and over is almost twice that for men of the same age.

"Women have not been encouraged to think about their financial futures because it has long been assumed that they would be taken care of by a husband," said Monique DiCarlo, director of the Women's Resource and Action Center. "Planners of the 'Women and Money' series are especially interested in getting out the message that investing and retirement planning are not just for the rich."

"Just a little bit of money invested regularly may simply guarantee that, as a woman, you don't have to live in poverty when you can no longer work or if you should become divorced," DiCarlo noted. "It is a matter of not only saving money over time, but learning ways to make that money work for you and for your family."

For more information on "Investing 101: A Workshop for Beginning Investors," call the Iowa Women's Foundation at (319) 337-4222.