07/27 Mutual Fund Investing
Mutual funds vary by the type of financial instrument they use to invest the money of large groups of people. Mutual fund shares sell on the stock market or through companies, either directly or via a licensed sales representative. You can\’t open a newspaper or read a magazine without seeing ads promoting the stellar performance of \”hot\” mutual funds. But past performance is not as important as you may think, especially the short-term performance of relatively new or small funds. As with any investment, a fund\’s past performance is no guarantee of its future success. Dr. Marvin Fineman fired his financial advisors and learned all about the free tools available on the Internet that help him find the best returns on mutual funds. IF you want to invest have your money manager bring in his last 3-5 years of his statement of worth. Find out how much he is worth. Is he debt free? Get his income tax statements. If he can\’t make money and be debt free it would be like taking sailing lessons from the captain of the Titanic. Most of them will invest your hard earned money until it\’s all gone! Beware!! Learn all this while watching these video.