Simple Practices that Lead to Wealth
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.
I have been pretty successful in picking mutual funds. Most of the funds I have owned over 25 years have outperformed their corresponding indices.
There are a number of key reasons I invest in mutual funds and I strongly recommend them to other investors.
An article in the New York Times (via Yahoo Finance) stated that there is a $1 Trillion dollar public pension shortfall.
There are some very disturbing trends that seem to be gaining momentum. These trends could have a negative effect on our ability to compete in the world marketplace.