The U.S. economy has likely been contracting in recent months, and there are few signs of any bright spots on the near-term horizon. Consumer spending has been hit by weaker labor markets, tighter credit, falling home prices, and some of the weakest consumer confidence readings in decades. Manufacturing activity has held up relatively well, led […]
Do keep in mind that even if your fund is geared to yielding long-term rates of returns, that does not mean you have to hold onto the fund through thick and thin. The purpose of a mutual fund is to increase your investment over time, not to demonstrate your loyalty to a particular sector or […]
When you are cashing-in your mutual fund units, there are a couple of factors to consider that may affect your return:
1. Back-end loads - If you are an investor who holds a fund that charges a back-end load, the total you receive when redeeming your units will be affected. Front-end loads, on the other […]
The first thing you need to understand is that mutual funds are not synonymous with stocks. So, a decline in the stock market does not necessarily mean that it is time to sell the fund. Stocks are single entities with rates of return associated with what the market will bear.
Stocks are driven by the "buy […]