Bonds do go up and down in price. One reason can be because of changes in interest rates. Let’s return to Kristi’s Ranger Cookie Food Truck. You’ve bought a $5,000 bond from me that matures in 5 years. My business…
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…
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…
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.…
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…
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…
