Investing
Retirement Planning Guide – 5 Steps for the Young Professional
8-09-2009
Saving a nest egg for a retirement that’s forty years away may be the last thing on your mind. However, you should invest in your retirement as soon as possible to take advantage of the power of compound interest. With compound interest, you earn interest on your invested amount as well as on the interest you’ve already accumulated. This really adds up in the long run. Waiting just ten years to start saving can cost you hundreds of thousands of dollars. This article offers five steps to help you start saving now for your retirement.
(Read more...)How to Choose a Mutual Fund
7-23-2009
You know that mutual funds are great long-term investments, but you may be stumped by the thousands of available options. Fortunately, choosing the right fund for you isn’t as hard as it may seem. Once you understand the basics of mutual funds, you’re ready to research and choose your funds. This article helps you navigate the fund selection process. You'll define what you’re looking for in a fund, look for funds that maximize your investment, and learn about fund screeners.
(Read more...)Mutual Funds – an Overview
7-12-2009
You understand the importance of retirement planning and have begun to stash away some money for your future. One popular investment vehicle is a mutual fund – a professionally managed pool of money that’s collected from a group of investors. A mutual fund is invested in a combination of financial products including stocks, bonds, currencies, futures, commodities, and money market accounts. Because a mutual fund has several different types of assets, they allow you to spread your money – and subsequently your risk – through a single investment. Mutual funds are a popular long-term investment for people who lack the time, resources, and savvy of a professional investor. This article gives you a good overview of mutual funds.
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