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The three types of mutual funds I will talk about are stock mutual funds, balanced mutual funds, and Bond funds.
A Mutual Fund is a company that combines, or pools, investors' money and, generally, purchases stocks or bonds. Ideally, a fund's size and resultant efficiency, combined with experienced management, provide advantages for investors that include diversification, expert stock and bond selection, low costs, and convenience. (Mutual, 2001). With a mutual fund, investors pool their money with one common goal and that is to make more. When you invest in a mutual fund, you own share(s) of the fund, which give you certain voting rights. Although, a mutual fund 's investment decisions are made by the portfolio manager, or a team of managers (Rowland, 1997). Make Sure you choose the right manager for you
There are 10 commandments of Mutual Fund Investing ONE: You can lose a bundle if you pick the wrong kind of mutual fund. Read carefully the free literature that mutual fund companies provide on their funds. Always understand what you are investing in. TWO: Don't rush out and buy the first mutual fund that looks good. You first have to identify your investment goals, determine how much you need from your investment and figure out how much you're willing to risk losing THREE: Don't try to make quick profits. Always invest for the long term. You should plan to keep some of your mutual funds an absolute minimum of 5 to 10 years. FOUR: Mix up your investments. You can cut your chances of losing money by putting your money in different types of investments. FIVE: Invest regularly with each paycheck, before you have a chance to spend all your money. Mutual funds have automatic investment programs. Money is electronically taken out of your checking account and invested in the fund. SIX: Do your homework. Once you determined how much money you need and by when, as well as how much you can afford to lose, research the best investments to meet your goals. Most library business sections carry information on mutual funds. SEVEN: Avoid paying high commissions and fees for mutual funds. Make your money work for you, not for your stockbroker. EIGHT: Make sure your mutual fund investment earns enough so that your nest egg at least keeps pace with rising prices.
Student Answer: Professional management and diversification are the major reasons investors purchase mutual funds, as well as they are easy to invest in for beginning investors or those who lack large amount of money as required by other types of investments. Investment companies are employed with experienced and profession fund managers who research and devote a lot of time to finding the perfect securities for their investment portfolios. The diversification allows for gains, even in a loss, because one investment in a mutual fund can offset the loss of another by it’s gains. Basically, your investments are scattered around and offer somewhat of a safety net for your
When I walked across the stage to get my diploma, the term 401k meant absolutely nothing to me. I was more concerned about getting a job than how I was going to retire. When I got hired, I was just happy to have a job with a salary. I was fortunate enough to get a great paying job, but also one that came with benefits. One of those benefits was a 401k plan.
It's no secret that Ford is one of the biggest brands on the market today, but are they really more reliable than the competition? Based in Texas City, Cook Ford is here to tell you why that answer is yes and what you can expect to get when you buy a Ford Truck.
I picked up my starting blocks and walked over to the white line along with the seven other girls right beside me. I rubbed the bitter cold from my arms, and took a deep breath. I went to work setting up my blocks, dropping the footholds into the slots that fit my specific measurements. The starter announced that we would have two more minutes to take some practice starts before he would call us to the line. I got down in my blocks, rose up, and finally sprang out of them, just as well as I had been doing in practice the day before. I could not have been more ready for my eighth grade Mid-Southern Conference track meet.
Investing in stocks involves owning part of a company’s equity which effectively enables the shareholder to receive a portion of the company’s earnings and assets in form of dividends. Stocks are generally categorized as either common stocks or preferred stocks whereby common stock allow investors to vote on key issues but do not guarantee of dividends (Markowitz 78). Preferred stocks on the other hand do not provide voting rights but assure stockholders of dividend payments. Investing in stocks offers investors comparatively high returns relative to treasury securities but the investments also have high inherent risk. Stocks are purchased through licensed stockbrokers who range from the discounted order-taking online brokers, to the pricey full-service brokers and money managers (Sourd 112). Despite the type of broker an investor opts for, the stock market has the potential to generate high returns through an investment strategy. One of the main strategies employed is diversification which involves the purchasing of different stocks with varied performance and rates of returns in order to spread out the risk of the individuals stocks across a portfolio. Investing in stocks is therefore one of the most profitable alternatives of personal financial planning, and should be considered as one of the investment vehicles that generates an additional income stream.
Well-known social activist, Jane Addams, in her Union League Club speech, commemorates the birthday of America’s first president, George Washington. Addams expresses her highest regard for one of America’s great founding fathers. Her primary purpose during the address is to use Washington’s life as an illustration of an honorable life without concern for materialism. She shares his contributions through three facets of his life - soldier, statesman, and citizen with members of the civic organization, the Chicago Union League Club. She includes these aspects of George Washington’s life to appeal to the audience so they can see him as a relatable person instead of just a powerful figure.
As a result from extreme hard work and perseverance followed by an unmatchable drive to succeed, Donald J. Trump has earned the right to be known as a multi-billionaire, real estate icon, and President of the United States of America. Reflecting on his life, he has faced many challenges and overcame them all. To understand how he rose to success and his journey to the top of the kingpin, it is important to recognize how he saw the american dream and pursued it. Today, many recognize him as the president but very few can fully grasp all that he has done in his life. From his start as a real estate mogul, to his impact on media, there are many questions as to how he became so recognizable today.
Hi Pamela, it is nice to meet you. I thank you for being so in-depthed about the knowledge that we just received about immigration. It is amazing to see other cultures come from one extreme form of lifestyle, then settle and make great contribution to this country. I was also intrigued about how Americans flew the Cubans in to be in partnership to help build this country, but on the other hand laws tried to hold them hostage from their families until they thought it was their duty to allow them to return to their country.
This article focuses on six of the most common mistakes that people make when planning for retirement and how they can be avoided. It further discusses how to utilize a company matched 401k plan and some of the penalties for withdrawing money early. This article also provides information and steps that should be taken to diversify investments and balance a portfolio.The author, Jeremy Vohwinkle, has spent a number of years helping individuals make sound financial decisions as an investor, financial planner, and retirement planning specialist. In addition to working with individual clients, he provides articles, resources, and educational materials that benefit those who are seeking financial advice.
II. (Credibility Statement) I myself have started saving for my retirement by starting an IRA.
Albert Camus's "Banquet Speech" is revolved around the meaning of art. He defines art as a concept of connecting communities as a whole. Although, art is not a reason for the artist to distinct themselves from the real world. Camus stands behind this when he admits his art is to foresee the truth behind this world and to see deeper into the people suffering from the truth. For him, as the writer, he believes his art work reaches out to everyone because he does not see himself any different from the readers. They are all the same. No judgements or hatred takes place in the piece of work but only the beauty of the community.
According to Investopedia (Asset Allocation Definition, 2013), asset allocation is an investment strategy that aims to balance risk and reward by distributing a portfolio’s assets according to an individual’s goals, risk tolerance and investment horizon. There are three main asset classes: equities, fixed-income, cash and cash equivalents; but they all have different levels of risk and return. A prudent investor should be careful in allocating each asset class to his portfolio. Proper asset allocation is a highly debatable subject and is not designed equally for everybody, but is rather based on the desires and needs of the individual investor. This paper discusses the importance of asset allocation, the differences and the proper diversification within the portfolio.
As an investor with several types of securities, I am looking for long-term stability towards a retirement fund. The combination of several different stocks and mutual funds allows for the safety of the investments. By investing long-term in different accounts, I have the ability to gain more in the long-run with less risk of not lose all my savings on one investment.
My public speaking class has already enhanced my knowledge and my ability to give speeches greatly. I know that with time and experience in public speaking, I will become a more skilled and professional public speaker. I will be sharing my first thoughts about my public speaking class, my strengths and weaknesses as a speaker, the speech I am most proud of so far, the speech that was the most difficult so far, and areas I know I need to improve on in order to be a skilled public speaker. Although I have had previous engagements with public speaking in high and middle school, none can be compared to the nervousness I felt about speaking in college level classes.
Many people believe that leadership is simply being the first, biggest or most powerful. Leadership in organizations has a different and more meaningful definition. A leader is someone who sets direction in an effort or task and influences or motivates people to follow that direction. The power point presentation explains leadership is the influence that particular individuals exert on the goal achievement of others in an organizational context.