Simple Practices that Lead to Wealth
They would be living in the Bahamas, quietly amassing a fortune from their portfolio. That describes the life of Sir John Templeton, a true financial guru.
America may be heading toward some very difficult times ahead. And, the primary reason is that our Government, at all levels, has spent us into ruin.
Investing always involves some risk and there’s no way to avoid it completely. The trick is to keep the risk to your principal as low as possible, while still bringing in a return that makes your investments grow.
The reason fees are so important to avoid is because they reduce your rate of return. Instead of this money going into your account, it gets siphoned off to the fund company or a financial adviser.
Picking the type of mutual fund that is right for your financial situation is no easy chore, especially for the novice investor. So, I have provided a basic run-down of the options available and their investment characteristics.