The first American mutual fund started in 1928, now there are 9,599 active mutual funds holding $21 Trillion Opened to investors in 1928 and widely regarded as the first modern mutual fund, the Massachusetts Investors’ Trust is the progenitor of the well-known MFS Investment Management mutual fund firm. Later that same year, the Wellington Fund [...]
We are now facing an economic situation similar to about 20 years ago, and I know from experience that you’re not going to like what’s about to happen to you and your important money.
Nothing is free when it comes to mutual funds Not long ago, a new potential client said to me, "My mutual fund investments are FREE, there is no fee." This was in response to me inquiring about what she was paying for investment management. Patiently, I affirmed her comment and said, "if you have [...]
Investing, risk and reward, basics, learn this important information Different Ways to Invest There are many different ways to invest, and many different types of things to invest in. Some people choose stocks, bonds, or mutual funds, while others primarily invest in real estate. A smart investor knows that portfolio diversification is key, and that [...]
There are advisors today who make a big deal about the fees the "other guys" charge. Apparently, they want you to believe that they don't get paid to help you – or at least not as much. Do you think that's true? Discussions about fees can get confusing because there are a lot of different [...]