Wealth

How to Choose Mutual Funds? Reader Question

How to Choose Mutual Funds? Reader Question

By in Advanced Investing, Asset Allocation, Bond, Investing, Mutual Funds, Reader Question, Stocks, Wealth | 10 comments

John, a loyal reader wants the answer to this common question:  How to Choose Mutual Funds “I would like your opinion and advice on how I should allocate my investments and my daughter’s investments among mutual funds. Both our accounts are with Fidelity. I am 56 and plan to retire at 60. I have $400,000 in IRAs (Traditional and Roth). My daughter is 24...

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5 Keys to the Perfect Scam

5 Keys to the Perfect Scam

By in Mind and Money, Personal Finance, Saving, Tips, Wealth | 2 comments

Find out How to Avoid the Perfect Scam Setting; A hot day in the most popular Asian city, teeming with tourists and excitement. My husband and I were walking down a metropolitan city street towards the beautiful grand central park for a Saturday morning stroll. “Are you American?” asks the impeccably dressed man, in perfect English. “Yes we are,” my husband replied....

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The Magic of Compounding-Get Rich While You Sleep

The Magic of Compounding-Get Rich While You Sleep

By in Automatic Saving, Investing, Mutual Funds, Saving, Stocks, Wealth | 11 comments

What is the Magic of Compounding? “Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.” Peter Lynch    One of the greatest investors of our time attests to the simplicity of investing in the stock market. Read this post and find out why. Following is the “Cliff Notes” version of why you need to put...

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