Browsing Tag

finance

Understanding Mutual Fund Symbols

Mutual funds are collective investment vehicles that pool money from multiple investors to purchase a diversified portfolio of securities, such as stocks, bonds, short-term money market instruments, and other assets. Investors receive…

Using a Mutual Fund Comparison Tool

Locating the ideal mutual fund is crucial to reaching your financial goals. Evaluate their past returns and other aspects to select one that meets all your criteria.Historical Results To evaluate a fund's track record over one, three,…

Mutual Fund Capital Gains Distributions 2022

As mutual fund industry redemptions experience their highest year, many funds sit on embedded capital gains that must be taxed when liquidating. If this fund was held in a taxable account, it will impose a significant tax burden upon…

Investing in John Hancock Mutual Funds

John Hancock is one of the most prominent fund families on the market, offering mutual funds that can be included in your 401(k) or other retirement accounts, as well as 529 college savings strategies and closed-end funds.The company…

Comparing an IRA to a Mutual Fund

Considerations should be given when comparing an Individual Retirement Account (IRA) and mutual funds. While an IRA can contain virtually anything, mutual funds generally have specific investments, while IRAs can only hold those made from…

Is The Balance a Good Website?

The Balance is a website dedicated to simplifying personal finance topics. It is part of the Dotdash Meredith family of websites. The word “balance” has several shades of meaning, ranging from the physical steadiness that keeps you upright…

How Can I Become Rich and Powerful?

If you want to become rich, it’s essential to understand that growing wealth is a skill that can be learned. It is also a process that can be accelerated by creating a plan and taking action.One of the most important things you can do…

Financial Samurai

Sam Dogen is a personal finance blogger who runs Financial Samurai, one of the largest independently-owned blogs in America. He writes about investing, spending, saving, and retirement. He is also an author of the instant Wall Street…

How to Make Money Slowly

If you're serious about making money, there are a few things you need to know. It's not just about saving but also about investing and passively and actively growing your wealth.It's not as exciting as buying far out of the money stock…