What’s in a Name Change?
Have you ever notice how mutual funds sometimes change their names? Unfortunately, it is not always to the investor’s benefit. Forbes has an excellent article that explains the reasons and consequences of name changes. The article says that there are three main reasons that mutual funds make name changes. First, they rename due to a [...]
July Financial Goal Check up
Are you on track to reach your financial goals for the year? Early July is the perfect time to find out. As your investment statements come in over the next week or two, don’t just file them; Look at them and see if you are on track for the financial goals that you have set [...]
What opposites are attracting today?
Investors are wondering why gold is moving up while the stock market is moving down today. Usually gold is a stock market hedge, meaning that it moves in the opposite direction of the stock market. This happens because gold is considered a safe investment and investors flock to gold during times of fear in the [...]
Create Good Habits to Stay in the Know
My favorite investing story is that of my father buying municipal bonds that yielded 15 to 20% at a deep discount in the early 1980’s. It is hard to believe that interest rates were ever that high, as we have become accustomed to today’s low rates that have been with us for so long now. [...]
Did You Know You Can Withdraw from Your IRA?
The huge advantage of tax free accumulation of wealth in an IRA is offset by the disadvantage of not having access to the money. As you probably already know, you generally cannot withdraw money from your IRA without being penalized, but there are exceptions. An article from Forbes by Eric Fox outlines five such situations [...]
