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How To Pick A Mutual Fund

How to Pick a Mutual Fund

When picking a mutual fund you have two main things to consider, your investing goals and the funds management style. Your investing goals depend on your investment time frame. The funds management style includes fees incurred and overall performance. If you find a mutual fund that meets your investing time frame, with low fees, and good performance you may have yourself a winner.

Understanding What Mutual Funds Cost

You can find a mutual fund's fees in its prospectus or on data Websites like Morningstar.

So, you found the perfect mutual fund for your investment goals. Before you invest, do you know how much that mutual fund costs? Last week, I wrote a beginner’s guide to mutual funds. As I said, mutual funds are ideal investments for new investors and anybody who wants to take advantage of the stock market’s […]

How Mutual Funds Can Help You Start Investing

How Mutual Funds Can Help You Start Investing (1)

A mutual fund is like a basket of investments; a single mutual fund can hold thousands of different stocks and bonds, enabling you to invest in all of them by purchasing a single share of the fund. For this and other reasons, mutual funds are the perfect way to begin investing.

Should You Buy That New Car? 5 Reasons to Keep Your Clunker Running

Keeping your old car running as long as possible can make a lot of financial sense.

Guest author David Bakke shares his insights on money management, smart shopping, and getting out of debt on Money Crashers, one of the top ranked personal finance blogs. In this day and age, people are constantly upgrading just about every appliance, device, and gadget they own. Therefore, it’s not surprising that many people feel the […]

Roommates: How To Find and Screen Somebody to Share Your Home

Roommates are almost a necessity of life in your twenties, but living with them doesn't have to be a pain.

Unless you’re moving in with your best friends, I don’t think many people love the idea of living with roommates. In fact as I write this, just thinking of my some of my former college roommates makes me cringe. They would forget to turn the stove off, scream at each other all night, and on […]

How To Be Richer Than Your Friends

Last week, just before Thanksgiving, I sent an article to people on my email list that you won’t find on the blog. I was psyched to see how many of you wrote back saying you enjoyed the advice. If you only saw the subject line or skimmed the email, you thought “oh it’s Thanksgiving and […]

10 iPhone Apps that Save Money

I try to justify my monthly AT&T phone bill and iPhone ownership by using my iPhone to offset costs in other areas of my life. There are a lot of apps for the iPhone, and with some searching you can find the ones that will help you to reduce monthly spending and save money to […]