Is Your Mutual Fund The Right One For You?
Mutual Funds are considered to be one of the best investments one can get hands on. They're very flexible and cost-effective. An excellent investment for people with restricted knowledge, time or, money.For beginners, who might have a perplexed expression on their faces at the mention of mutual funds; let me first acquaint them with what the mutual funds are all about.A mutual fund is a financial instrument that enables a group of investors to pool their money together. There's a fund manager who takes care of the pooled money and invests them into specific securities (stocks or bonds). Investing in mutual funds basically means buying shares of the mutual fund and becoming a shareholder.Having read this, you may have now decided to buy a mutual fund.
But you've over 10,000 mutual funds to choose from. So how do you make sure that the one you've picked up is the right one?For those who're new to this investment thing, let me apprise you with load' and no load' mutual funds. Load' is basically a commission that has to be paid to the broker when you buy the fund while no load' mutual funds are free from such commission hassles, as they're sold directly by the investment company.It's best to consult an investment counselor before plunging into this venture. These finance mentors will charge a certain fee from you. They get no commission from the firms.
Getting paid from their clients, these counselors make sure that you get the best out of any deal you make. Hence, you're sure of getting a reliable advice from your counselor. And obviously, they'd always advise you to go for no load' mutual funds. Why?Well, it goes like this. Load' mutual funds are sold by brokers who get paid by the firms.
Right? So, I don't see any reason why they'd be concerned whether you make or lose money. They're only interested in persuading you to buy funds often, so that they can relish their rewards from the firms. Moreover, load' mutual funds consist of front-end charges, back-end charges, or deferred charges. Quite loaded!Any savvy investor would certainly ensure that all of his/her investments are worthy. The investors get to choose the funds on their own, the way in which it happens with the no load' mutual funds, as they are free from charges.However, at the end of the day, the presence or absence of a broker has got nothing to do with the success of your investment.
It's actually the advice you get from your counselor that really matters. A well-planned decision and a loyal advice on when to buy or sell are vital for securing a bright financial future. So, keep your mind wide open and invest! Good luck!.
James Marriott is a finance writer with more than 15 years of experience in writing financial content, including those related to credit cards, mortgages, stocks, investments, and funds. He has been with RNCOS, a premier financial writing services company, for 2 years as head of financial writing. He is also a regular financial columnist with renowned business journals. For your comments on the article and further financial assistance, please contact our staff writer at info@rncos.com.Phillip Wilhite Receives Master Merger and Acquisition Intermediary (M&MAI) Designation from M&A Source
Austin, Texas (ContentDesk) December 20, 2005 -- Corporate Investment, a financial advisory firm specializing in business sales, mergers and acquisitions, today announced that Phillip Wilhite has been awarded the Merger & Acquisition Intermediary (MMAI) designation from M&A Source. The MMAI is a true mark of distinction that helps business owners when choosing a business brokerage for their M&A transactions."I am honored to have been selected by the committee to receive the M&AMI designation, as many of the leaders in our industry are previous recipients of this award," said Phil Wilhite, managing director of Corporate Investment.The M&MAI designation is awarded to intermediaries who have proven professional excellence through verified transaction experience, education, certification as a business intermediary (CBI), and peer review. The M&A Source, a specialty division of the International Business Brokers Association (IBBA), is the worlds largest international organization of experienced,...
Phillip Wilhite Receives Master Merger and Acquisition Intermediary (M&MAI) Designation from M&A Source
Financial planning > Phillip Wilhite Receives Master Merger and Acquisition Intermediary (M&MAI) Designation from M&A Source
Modern Healthcare Launches MP IT Monthly ? An Electronic Magazine Focused On Financial and Clinical Information Technology News
(ContentDesk) February 20, 2004--Modern Healthcare and Modern Physician announced today the launch of a new monthly electronic publication for physician executives, leaders and entrepreneurs called MP IT Monthly. This new monthly e-zine will focus on financial and clinical information technology news and information of interest to tech-savvy doctors. Modern Healthcare and Modern Physician will unveil a prototype of the publication at the HIMSS (Healthcare Information Management Systems Society) Conference on February 23 in Orlando, FL (booth #3038). The first regular edition of MP IT Monthly will be published in April.MP IT Monthly will be delivered to the nation's top physician decision-makers via e-mail. Its cutting-edge, easy-to-read electronic format makes it ideal for busy physician executives who demand to know the latest news and information on financial and clinical information technology quickly and efficiently.MP IT Monthly is the first new product developed through the merger...
Modern Healthcare Launches MP IT Monthly ? An Electronic Magazine Focused On Financial and Clinical Information Technology News
Financial planning > Modern Healthcare Launches MP IT Monthly ? An Electronic Magazine Focused On Financial and Clinical Information Technology News
eRSVP Releases MAX v1.5 Online Events Registration Solution
New York, NY (ContentDesk) July 12, 2004 - eRSVP, a leading developer and provider of Web-based events registration and information management solutions for professional meeting and events planners, has released the first upgrade of its advanced online software product, eRSVP Max v1.5.
The announcement coincides with the companys first-ever exhibition at the MeetingWorld industry trade show, held at the Grand Hyatt hotel in New York, July 12-13, 2004. Our purpose for this upgrade was to bring the Max solution into compliance with current best practice standards in e-business security, as well as create a new revenue stream for our e-commerce clients.
Weve also provided improvements for increased productivity and ease of use, remarked Ajay Arora, eRSVP co-founder and CEO.
Overall, Max v1.5 will present a more integrated, user-friendly approach to doing e-business in the modern meeting planning environment, he said.Among the improvements implemented are:"...
Financial planning > eRSVP Releases MAX v1.5 Online Events Registration Solution
Enjoy Cheaper Finance Through UK Property Loan
You require financial support to finish different works or make payments towards various expenses but finding the funds at your terms and conditions is not that easy due to many reasons. But once you opt for UK property loans, the finance availing becomes easier and the interest rate comes down. The borrowers can take UK property loan for various purposes like making necessary improvement works on home, clearing bills of education, wedding, buying a car, going to holiday trip etc. You can buy a property through this loan.
Collateral in the form of borrower's commercial or residential property has to be placed as security with the lender in order to take secured UK property loan. The advantage of offering collateral is that borrower can take a larger loan at lower interest rate.
If the borrower is able to give collateral of greater equity, higher loan amount can easily be availed. Secured property loan have a larger repayment term attached with it which facilitates...
Enjoy Cheaper Finance Through UK Property Loan
Financial planning > Enjoy Cheaper Finance Through UK Property Loan
Honeymoon Islands, Inc. Announces Luxury Tropical Island Romantic Giveaways at the 2005 American Music Awards (AMA’s)
Fairfax, VA (ContentDesk) November 16, 2005 -- At the 2005 American Music Awards on November 22nd at the Shrine Auditorium in Los Angeles, some lucky participants will be awarded a luxurious hotel stay package at various resorts throughout the Caribbean courtesy of Honeymoon Islands, Inc. Teresa Belcher, Americas Leading Honeymoon Planner is President of Honeymoon Islands, Inc. who specializes in planning upscale Honeymoons and also plans Destination Weddings.
I am thrilled to have this opportunity to showcase some of the upscale properties in the Caribbean that I represent and to be among the spectrum of luxurious prizes to be given away at the AMAs.
It is a fitting occasion to honor the top elite in their class with a stay at an incredible Caribbean property. The luxury hotel giveaways include the following destinations: Royal Plantation in JamaicaEden Rock
in
St.
BarthsLadera in St. Lucia?????????Four Seasons in NevisParrot Cay in Turks...
Honeymoon Islands, Inc. Announces Luxury Tropical Island Romantic Giveaways at the 2005 American Music Awards (AMA’s)
Financial planning > Honeymoon Islands, Inc. Announces Luxury Tropical Island Romantic Giveaways at the 2005 American Music Awards (AMA’s)
Valentine's Day Tips - Top Ten Most Outrageously Expensive Valentine's Gifts 2006
Houston, TX (ContentDesk) February 8, 2006 -- Americans are set to dish out a staggering $13.7 billion this year on Valentines Day, according to the National Retail Federation (NRF). Jim Trippon, CPA and one of Americas foremost authorities on the money habits of self-made millionaires, has released his annual list of the most outrageously expensive gifts to give your significant other this holiday season. 
The NRF says that Americans will spend an average of $100.89 in total this year, up slightly from the previous years statistics. Given the credit card rates that are often at 24 percent and assuming minimum payments, Trippon says that this years day of love will cost the average consumer closer to $1300 when interest and finance charges are included.
Each year it seems that Americans top themselves in spending for Valentine's Day, says Trippon,...
Financial planning > Valentine's Day Tips - Top Ten Most Outrageously Expensive Valentine's Gifts 2006