Personal Finance Buzz

I read Build Your Own Mutual Fund: How to Use a Personal Portfolio to Take Control of Your Financial Life by Brian O’Connell. Before this book I knew close to nothing about the stock market so this is my first book on my journey on how to buy stocks. The premise of the book is that more and more people are creating their own personal portfolios instead of having a mutual fund because of the internet and online companies like FOLIOfn, BuyandHold.com, and Sharebuilder.com; it is becoming easier to do so. Many of these companies offer pre-made portfolios that you can customize or create your own. With personal portfolios individuals can have more control over which...

Two of the biggest arguments against mutual funds are high costs and poor performance. When your mutual fund starts under performing and increasing costs, instead of finding another mutual fund money sink, build your own.

One of the last things we need these days is another mutual fund. When I started in the financial business some sixteen years ago, there were over 400 different mutual funds. Now there are over 5000 in Canada alone. Investing

One of the last things we need these days is another mutual fund. When I started in the financial business some twelve years ago, there were over 400 different mutual funds. Investing

Growth stock mutual funds are the best vehicle for future financial security. Risk adjusted return on these funds is one of the best in the equity market. If you are starting to invest in mutual funds with a long term capital appreciation in mind, growth stock mutual fund is your friend.However, it could be difficult to choose the best fund from hundreds of funds from several fund families. When you invest your hard earned money, it is very important to choose the right fund that suits your objective. Here are some tips to narrow down your choice of growth stock mutual fund.

A mutual fund is any investment model in which investors pool their money and invest collectively. More details on what a mutual fund is are explained within.

If you have a company 401K, then you probably invest into a mutual fund versus investing in individual stocks. But do you really know what it is? Let’s cover some mutual fund basics.