While IRAs are important financial instruments to save and invest on a tax-deferred basis in order to grow your retirement dollars, there are many intricacies that you may not be aware of. While most of them may not be crucial to you at this time, there are 5 myths that might help you as you travel the road to retirement. …
Good Economic News: Can They Be Bad For Your Portfolio?
After the economy has been given the death sentence on several occasions, out come Friday’s jobs numbers. While they are only one set of figures in the big puzzle, they were strong nevertheless. The Labor Department said that some 180,000 jobs were added in March (168,000 were expected) and the jobless rate fell from 4.5% to 4.4%. The bad news …
No Load Fund/ETF Tracker updated through 4/6/2007
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.phpUpward momentum pushed all major market indexes higher. Our Trend Tracking Index (TTI) for domestic funds moved higher as well and now sits +4.58% above its long-term trend line (red) as the chart below shows: The international index rallied as well and has now moved to +9.10% above its own …
How Many No Load Funds/ETFs Should You Have In Your Portfolio?
Recently, I was asked by a reader of my newsletter about my opinion on a variety of no load funds and ETFs he was considering for his portfolio. It turned out that, as a beginning investor, he had a fairly small IRA (around $20k). He had planned on investing this money in some 10-12 no load funds and ETFs. Whoa! …
No Load Fund/ETF Investing: Can Major Market Turns be Predicted?
Using my Trend Tracking Indicators as a guide to determine market direction, any suggestion that deals with the word “prediction” is usually something I don’t pay much attention to. Maybe I should—at least once in a while. After the market meltdown on February 27, 2007, reader Ted kindly forwarded the name of a web site to me featuring Martin Armstrong’s …
Mutual Fund Companies: Why go from No Load to Load?
The recent Morningstar story, that American Century is planning to shake up its funds and increase their load fund lineup from 26 to 39, has been bugging me all weekend. I simply don’t get it. Well known funds like TWEIX, BEQGX and TWCUX, among others, are set to transition from the no load share classes to the load lineup. The …