By: Sam Subramanian On January 1, 2006, a leading financial daily reported the trailing 1-year and 5-year returns of Fidelity Contrafund (Nasdaq: FCNTX), a no-load mutual fund, as 16.23% and 6.21% respectively. While the financial daily’s return information is useful, there is more to mutual fund returns. Is the performance of the fund superior or inferior? How tax-efficient is the fund in delivering …Read more »
By: Harry Hooper A stock split occurs when a corporation decides to issue new stock and distribute it to it’s current stockholders. This is a decision made by the company’s board of directors. The most common stock split is a 2 for 1 split. When this happens the stockholder will now own twice as many shares as before the split but at half the price. …Read more »
By: Sam Subramanian Equity mutual funds perform differently in different time periods as investment styles and sectors come in and go out of favor. While screening tools readily provide performance data and make the task of identifying top mutual funds relatively easy, there is more to constructing an all-weather portfolio than screening for the top funds. This article describes methods …Read more »
By: Steve Selengut Many Investment Gurus, with a straight face and a gleam in their eye, will insist that successful investing is a function of expansive research, skillful market timing, and detailed technical analysis. Others emphasize fundamental information about companies, industries, and markets. But trends and numbers are secondary to a thorough understanding of the basic principles of Investing and …Read more »
By: Harry Hooper I’ll give you the short answer first! Stocks go up because more people want to buy than sell. When this happens they begin to bid higher prices than the stock has been currently trading. On the other side of the same coin, stocks go down because more people want to sell than buy. In order to quickly …Read more »
By: Zigfred Diaz “Robert Reich, once observed ‘most minimum wage workers aren’t poor.’ He is right.” – Johny Isakson, U.S Senator (Robert Reich is former U.S department of Labor Secretary) Minimum wage earners keep complaining about their salary. They say they cannot retire rich. Most of them just go through their work and retire relying only on their small SSS …Read more »
By: Yvonne Finn What does financial freedom mean to you? Does it mean buying anything you want regardless of how much it cost? Does it mean spending your days in ways that enrich and empower you instead of being at the beck and call of an employer? Is there anyone in the world who wouldn’t agree that the dream to …Read more »
