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Mutual Funds for the Utterly Confused" (McGraw-HIll, December 2008)
Visit our blog International Foundation of Employee Benefit Plans says "The book explores the importance of time and retirement philosophy in making a retirement plan."
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A mutual fund is defined as a group of investors who pool their money together, entrust a professional money manager to invest those funds in the stock market, bond market, or a combination of both spreading the risk and increasing your opportunity for diversified growth. The BlueCollarDollar believes in mutual funds as an investment and retirement planning tool We believe that mutual funds best serve the BlueCollarDollar reader but only if the manager has withstood the test of time and has placed the investor first, keeps the cost of managing those funds low and does not charge (much) for your involvement. Now you follow our managing editor as he edits his latest book "Mutual Funds for the Utterly Confused" (McGraw-HIll, December 2008) on his blog : Mutual Fund Investing Essential Knowledge
Retirement Planning at 30 Retirement Planning at 40 Retirement Planning at 50 Retirement Planning at 60 Is your retirement plan nothing but Risky Business? Daniel Jimenez of Bankrate.com believes he ha the answer to mutual fund picking. It is no real surprise, by July 30, 2008, the combined assets of the nation's mutual funds decreased by $612.42 billion, or 5.0 percent, to $11.678 trillion in June. The Investment Company Institute has recently published a look at where we are retirement-wise. You can download the pdf here. "Economic growth may slow to 1.5 percent this year from 2.2 percent in 2007." Does this come as a surprise? Daniel Kruger offers this take on the economy. According to Drew Carter of Pensions and Investments, "The top four funds posted double-digit returns, five others returned modest returns of 5.08% to 0.91%, while all the others lost money during the period." This maid for a rough quarter for pensions and the managers who oversee them. And speaking of pensions: Owners of these types of retirement plans can feel a little smug. According to Rik Frehen, a Dutch finance scholar, pensions are doing better for their participants than mutual funds (the mainstay of defined contribution plans such as 401(k)s). "Fannie and Freddiešs stocks are down about 80 percent so far this year, with losses accelerating in recent weeks." Should you be worried about your mutual funds? John Detrixhe reports. There is a growing concern about the money you have saved. Where it is matters. As is common in a bear market, even the best and brightest investing professionals are hard-pressed to read the near-term tea leaves for either the economy or stock market. Gail MarksJarvis shares her thoughts. A vastly different Congress is not likely, so understanding how to prepare your investments for an inflationary future is essential. Unlike the 1970s, today's situation is more complex. Frank Beck reports. Investors battle the bear as the stock-market sag spilled into the second quarter, leaving little to be gained.
How to Green a BlueCollarollar Investor Nobel prize winning economics professor offers this for your consideration. Annuities: A New Idea? The downside risks in annuities are something to consider and if you donšt, the attraction these instruments have can be problematic. Taxes and Retirement Planning
Index funds are boring intellectually, and it's temping to go active. If you're going to go active, you really have to make a commitment, because there are so many ways to get burned. Bogle speaks: His advice for investors seems to square with a popular marketing pitch: Set it and forget it. ICI: Consumer retirement assets rise to $17.6 trillion
Mutual fund expenses held steady in '07
Can mutual fund managers pick stocks?
Picking the Forest or the Trees
How Well Do You Know... Funds and Taxes?
Ouch, That Hurt and Experts Disagree on When Healing Will Begin
Visit Retiring with a Plan Use this guide to help you determine when and how to sell your fund shares Inside each of us, hidden away and waiting to be tapped, is a Financial Planner. All you need do is ask the right questions. Many mutual fund companies don't mention soft money. Who needs bonds? CDs are back and paying some healthy returns. Our 2008 Outlook Is there a way you can benefit from herd mentality? Are you looking for a mutual fund? Screen it here. How to fix the mutual fund industry once and for all. How will your survivors invest their inheritance?
You are a mutual fund investor. So why should you worry about Hedge Funds?
More than one person has asked this question over the years. At what point Created in 1974 as a way to supplement company sponsored pension
plans, these plans have grown in size and popularity. Do you IRA?
Baby Boomers need is a new retirement strategy.
Is it a using the Stock Market game the best way to teach young investors?
Your fund manager will be worried about the Valuation of Your Mutual Fund
In other fund news that will be good for all investors concerned, the S.E.C. has made the practice of directed trading illegal.
How Mutual Fund Investors Lose What is a hard close? Soft money is back Let's take a look at this hidden and often needed cost of doing business in mutual funds. Is the price you pay for a share of a mutual fund the best one. The average investor now has the opportunity to speculate by purchasing Exchange Traded Funds or ETFs . Investment News You Can Use So the question is: if it is good for grocers is it an acceptable practice for mutual funds trying to reach customers in 401(k) plans?
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