Take Stock of Your Finances with These Useful Library Tools

Did you put some money in your 401k years ago but have no idea if it’s where you should be investing now?

Are you worried about having enough to retire or pay for college?

April is Financial Literacy Month, a great time to take stock of your financial future. The Naperville Public Library offers several different databases to get you started, all of which can be accessed from home with your NPL card.

Morningstar Investment Research Center includes reports and analysis on mutual funds, stock, and ETFs. Portfolio tools and calculators help you determine what your asset mix should be and how your investments are working together. Retirement Cost and College Savings calculators are also included.

The library also subscribes to an online version of ValueLine. Like the popular print resource, it includes ratings and reports for 3,500 stocks and 2,000 mutual funds, plus research on companies, industries, options, convertibles and ETFs.

Another great finance-related database is the Weiss Financial Ratings Series, which includes information and ratings for banks, credit unions, insurance companies, stocks, and mutual funds, as well as plus financial planning and investment tools. It also includes financial literacy publications such as Financial Literacy Basics, Financial Literacy: Planning for the Future, and Financial Literacy: How to Become an Investor. Free financial planning tools are also included.

For more information on any of these databases, or to set up a virtual one-on-one appointment for a demonstration, please contact a member of the Business Services Team.

Tuesday, April 6, 2021 - 10:45am