Making the Most of Morningstar: Determining the Cost of Your Mutual Funds


The Morningstar User’s Guide is a series of articles discussing how to make the best use of the tools, research and analysis available at As we saw in the last article covering Morningstar’s Portfolio Manager, the tool provides some basic information about our investments, including the fund name, price, market value and the Morningstar […]

Published or Updated: April 26, 2011

How to Find The Hidden Cost of Mutual Funds

How to Find the Hidden Cost of Mutual Funds

I wish mutual fund companies actual sent us a bill each time they charged us. They don’t, of course, and so like The Dark Side of Placing Your Finances on Autopilot, we can easily forget about just how much they cost us. On top of that, not all costs of owning a mutual fund are […]

Published or Updated: March 8, 2014

Nothing New Under The Sun


I like reading older personal finance books that aren’t part of the current craze of “Get Rich Quickly” books that seemed to get published daily. That’s why I love used book stores, and last week I found this gem, Money Game, which was published in 1967. The author is George Goodman, who published the book […]

Published or Updated: April 3, 2014

Making the Most of Morningstar: Portfolio Manager


The Morningstar User’s Guide is a series of articles discussing how to make the best use of the tools, research and analysis available at In the last article we covered a basic Introduction to Today we look at adding our portfolio to Morningstar. After you register with Morningstar (which is free), adding your […]

Published or Updated: June 12, 2013

What Will You Be Doing The Day Before The Market Crashes?


I was browsing through an antique store this past week and found some old bank checks. Let’s just say they don’t make checks like they use to. Here’s one written from a PepsiCo account: This reminds me of drinking Pepsi from a glass bottle (I know, I’m showing my age). But there was one check […]

Published or Updated: April 9, 2014

Making the Most of Morningstar: Introduction


Morningstar offers a wealth of free and paid tools, research and analysis of stocks, bonds and mutual funds. As useful as this information can be, however, it can feel like information-overload or just plain confusing. For example, when I first started using Morningstar, I had many questions: what does the Morningstar Star ratings mean and […]

Published or Updated: January 6, 2011

Are Mutual Funds for the Poor?


The Wealth Report, a WSJ blog written by Robert Frank, recently posted an interesting article entitled How the Rich Invest. The upshot of the article is that the rich don’t invest in mutual funds or ETFs. A survey conducted by Prince & Associates, Inc. found that for those investing more than $20 million, not one […]

Published or Updated: April 3, 2014

Motivation and Money Tip # 7: Be Thankful


Recently, I watched the movie, The Pursuit of Happyness, starring Will Smith. The movie, which is based on a true story, is about a father trying desperately to provide for his family and to make a better life for himself. Will Smith plays Chris Gardner, a salesman of medical equipment who is just getting by. […]

Published or Updated: March 22, 2012

Can PF Bloggers Share Too Much?

I ran across an interesting post today at Consumerism Commentary called Wall Street Journal: Managing Money in Public. The post is about a Wall Street Journal article describing the trend of twentysomethings sharing their personal finance information online. I recommend the article, which includes a number of links to sites that enable you to publish […]

Published or Updated: April 16, 2014