What are Mutual-Fund Expenses?Contents This article discusses stealth erosion of wealth, more specifically how mutual-fund expenses erode wealth accumulation. Mutual fund expense ratios, and similar investment-related fees, can seriously erode wealth accumulation over time. Those fees and expenses are stealthy, and they go largely unnoticed by investors while steadily diminishing the value of their investments
Why You Should Use Full-Service Broker
Using a Full-Service Broker There are several reasons to choose a full-service broker over a discount or web broker. People use a full-service broker because they may not want to do their own research, because they are only interested in long-term investing, because they like to hear the broker’s investment ideas, etc. But another important
Common Errors in Investing
List of Investing Errors Here is a list of common investing errors that investors tend to make: Not following an investment objective when you build a portfolio. Buying too many mutual funds. Not researching a one-product stock before you buy. Believing that you can pick market highs and lows (time the market). Taking profits early.
How to Get the Best Deal on Your New Car Price
How to Negotiate a Price & Buy Your Car for a Good Deal Before making a purchase, especially a large one, most buyers ponder an equation that goes something like: What is it going to cost me, and will that equal what I am going to get? Consider that equation when buying your next vehicle.
Advice for Beginner Investors
How to Start Investing as a Beginner Investing is just one aspect of personal finance. People often seem to have the itch to try their hand at investing before they get the rest of their act together. This is a big mistake. For this reason, it’s a good idea for “new investors” to hit the