It is very hard to understand a new subject unless you know the basic vocabulary used when talking about that subject. Here we have provided a glossary of words and terms used in the mutual fund industry. 12b-1 Fee – Named after the Securities and Exchange Commission ruling that permits mutual funds to pay certain… Continue reading Glossary of Terms
Category: Guides
Financial Planning Software Made Easy
When it comes to money management, there are basically 3 different ways you can track your financial planning. You can use a software program, design an excel spreadsheet, or use a notebook and pen or pencil. Notebook and Pen or Pencil Using a notebook sounds basic and simple, especially if you easily get confused with… Continue reading Financial Planning Software Made Easy
12 Ways to Achieve Financial Freedom
Many people aim for achieving financial freedom. Enough Investments, savings and cash in hand to offer a suitable lifestyle for yourself and your family. Also will let you exit or hunt the career of your choice to earn a certain amount every year. Sadly, only a few achieve it. As many people are loaded under… Continue reading 12 Ways to Achieve Financial Freedom
Evaluating the Performance of Your Mutual Funds
When choosing which mutual fund to invest your money in, you may go off the one-year return rates, and arrive at the conclusion that a particular fund was very successful. However, it is not enough to merely look at the return rates for one year. Instead, you should take a look at a couple of… Continue reading Evaluating the Performance of Your Mutual Funds
The Fees and Costs Associated with Mutual Funds
It is important that a would-be investor be aware of all of the costs that come with investing in a mutual fund before deciding whether they are the right option for their needs. These costs are not always laid out as clearly as is the case with regular stocks or bonds. With stocks, you are… Continue reading The Fees and Costs Associated with Mutual Funds
Choosing a Mutual Fund
As discussed previously, it is very important that you choose the right mutual fund, for several reasons. Firstly, you need to take into account its business model, as well as the fees and costs involved with holding stock in such a fund. Secondly, and probably more importantly, you need to define what your financial goals… Continue reading Choosing a Mutual Fund