You’ve decided to invest in your future. You’ve picked the perfect mutual fund. You’re ready to go. Now what? How do you actually go about buying shares of a mutual fund? The good news is that buying shares of a mutual fund is quick and easy. If you’ve never [...]
The S&P 500 Index is arguably the best known and most followed index of publicly traded companies. There are hundreds of S&P 500 index funds and exchange traded funds to chose from if you want an investment that tracks the S&P 500 Index. Since they all track the same index, these mutual funds [...]
Vanguard recently launched an index mutual fund designed to track the performance of the FTSE All-World Index, a benchmark of approximately 2,900 stocks in 47 countries. With the introduction of Vanguard’s Total World Stock Index Fund (VTWSX), investors can now mimic the world market in a single fund.
Much like the convenience of target date [...]
Selling an investment solely because the market is declining is one of the most costly investing mistakes you can make. To avoid the temptation, here is one factor to consider before buying a mutual fund.
Fidelity and Vanguard offer retirement income funds that can produce monthly income and investment growth at the same time. Both are reviewed in this article.
Image credit: ansikA reader recently asked whether the expense ratio of a mutual fund or the fund’s performance was the most important factor when selecting an investment. It’s an important question. What’s the point in investing in a low cost fund if it underperforms higher cost funds? Mutual funds report their [...]
Image credit: MobilFunk7The Wall Street Journal reported this weekend that three mutual funds previously closed to new investors are reopening to accept new money. I’ll share the three funds with you, but first I thought this would be a good opportunity to talk about why mutual funds would ever close to new investors.
The [...]
Converting Mutual Fund to ETF
For the young investor, ETF’s can be a real tease. They tempt you with their low costs and tax efficiency, only to whack you with commissions when you go to buy them. For those making small, monthly investments, the commission costs alone put ETFs out of reach. It [...]
Half a percent is not a big deal, right? After all, half a percent of $100,000 is only 500 bucks. Wrong! An extra 0.50% paid in mutual fund fees can can be the difference between a comfortable retirement and living on a shoestring budget. Yesterday we looked at How to Find [...]