Showing posts for "Investing". Show all posts
“Do you get better mutual funds when you pay sales charges?” It’s a great question that I’ve fielded many, many times throughout 20-plus years in the financial planning business. But it’s also a question for which I fear objective, truthful answers are hard to come by. So I’m going to fix that.
Thinking about using a target retirement date fund? If so, there’s still a lot to understand even when using these purported “turn-key retirement solutions.”
Despite the fact that we can lose money doing it, we continue to invest for our long-term goals. Why? Because we know we’ve got no real chance of accumulating the kind of money we’ll need to retire some day if we don’t. In other words, we’ve each decided that for us investing is not an option; it’s a necessity. And that may be the case for you, too.
Sitting on cash? You’re not alone. It’s everywhere -- in IRAs, retirement plans, bank and investment accounts. Heck, we’d even be so bold as to speculate that there are more than a few mattresses out there hiding their share of currency.
Interest rates remain historically low, the Fed considers tapering and many bond investors are left wondering just what their next step should be.
How do you know if you're getting good financial advice or getting ripped off? Because the industry is so complicated, it's often hard to tell. Let's face it, there's a lot to know and it changes often. Even worse, not everyone who claims to be a financial advisor is looking out for your best interest. To help you separate the wheat from the chaff, I've decided to write a series focusing on specif...