When you consider investing in a mutual fund, one key consideration is historical performance. That makes sense. The only problem is that many people look at the wrong data. As a result they can make bad decisions, and as a result they lose money unnecessarily. If you own mutual funds, you deserve to own the best performers. […]
Investing Strategies
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
How to Invest 401k Money Right Now
Regardless of what is happening in the market at any one time, smart investors understand that how they invest their 401k right now is really important. The results might not show up immediately but they are cumulative. That means how you invest, the process you use and the resulting actions you take, are going to […]
What To Do After You Make A Bad Investment
Have you ever made an investment only to realize shortly thereafter that you made a huge error? Before you wrote the check you were sure you were making a smart investment but once the ink was dry, the fog cleared. That’s when the pain hits. Some folks never forgive themselves (let alone forget the mistake). And […]
How A Systematic Withdrawal Plan Boost Your Retirement Income Big Time
You may not have heard the term “systematic withdrawals” too many times before. But that’s about to change. In fact, I’d like these two words to be a central part of your financial vernacular. That’s because systematic withdrawals might just be your secret weapon in the battle to maximize your retirement income. Once you understand […]
ETFs vs. Mutual Funds – A New (Unexpected) Wrinkle
In it’s most simple terms, ETFs are very inexpensive mutual funds. They have exploded in popularity – especially commission free Exchange Traded Funds. Does that mean you should invest in ETFs and forget about mutual funds? Not so fast. What Is An ETF? ETFs are quasi-index funds and as I said they are extremely inexpensive. […]
How To Diversify Your Portfolio Properly
Diversification means different things to different people at different times. At the basic level, it means not putting all your (financial) eggs in one basket. Pretty easy. But you have to dig a bit deeper. You have to understand their are risks of being diversified too. Proper Diversification Depends On Your Situation You probably think that diversification […]