How Bonds Work
Remember a few weeks ago I introduced the business of Kristi’s Ranger Cookie Food Truck? Let’s go back and visit that business to get a better understanding of how the bond market works. As we said before, a bond is…
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How to shop for Mutual Funds – The Sequel
Last week, I wrote about choosing mutual funds based first on the area of the investment market where they specialize, not just based on returns. But how do you know if the fund you are researching is in the area…
How to Shop for Mutual Funds
Most of us are pretty good consumers. We use coupons, look for deals online, and buy on sale. Somehow, those good habits go out the window when we shop for investments. Avoidable Mistake #1: We buy when prices are high.…
Mutual Fund Fees – What is Reasonable?
Last week, we talked about the different ways that mutual fund sellers get paid. There are funds with loads, called A or B shares, that charge up-front or back-end commissions. There are also no-load funds that are sold directly from mutual…
Mutual Fund Fees – The Great Mystery Unveiled!
It shouldn’t surprise you that people in the business of investing money like to make money themselves. And that’s fine! As a consumer you should understand how your investments charge you and whether the price is reasonable. Today I’ll…
More Financial Jargon: What is a Mutual Fund?
Last week we talked about the difference between stocks and bonds. Today, we will talk about how we can use mutual funds to buy stocks and bonds. You’ve probably been told that it’s a good idea to have a…