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 [...]
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, [...]
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 Morningstar.com.
In the last article we covered a basic Introduction to Morningstar.com. Today we look at adding our portfolio to Morningstar. After you register with Morningstar (which is free), adding [...]
The Question of the Week examines some aspect of personal finance where reasonable (and not so reasonable) folks may disagree. Post your responses to the question as comments, and I’ll summarize your views and mine at the end of the week.
Let’s assume an individual has $10,000 in credit card debt at 14.99% interest and [...]
The Dough Roller regularly looks Back to the Future because “even if the time for action has gone by, the time for extracting a lesson from history is ever at hand for those who are wise.”–Demosthenes (384-322 BCE)
I was browsing through an antique store this past week and found some old bank checks. Let’s [...]
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 [...]
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, [...]
The Dough Roller regularly looks Back to the Future because “even if the time for action has gone by, the time for extracting a lesson from history is ever at hand for those who are wise.”–Demosthenes (384-322 BCE)
I read an article the other day about closed-end mutual funds by Fire
Finance entitled, Closed End Mutual Funds–Should [...]
One week ago, I wrote an article (Rich Dad Gives Lousy Advice) that was critical of Rich Dad, Poor Dad author Robert Kiyosaki’s comparison of mutual funds to playing the lottery. I’ve grown more and more concerned with the “advice” he’s been dishing out on Yahoo! Finance lately. Frankly, it’s dangerous, and I [...]
