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ARTICLES |
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Banking
Articles on banking, managing
your checking accounts, and spending wisely
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Bankruptcy
Articles
on preventing bankruptcy, filing bankruptcy, and recovering from bankruptcy
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Budgeting
Articles on
creating a budget, tips on sticking with your budget, and successful
financial planning
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Credit Cards
Articles
on using Credit Cards wisely, understanding Interest Rates and Annual
Percentage Rates, and what to watch out for with Credit Cards
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Credit Repair
Articles on Credit Counseling, Debt Settlement, Debt Consolidation as well
as cleaning up your credit
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Credit
Report/Score
Articles on what your credit report is, how it effects you, and what you can
do to change and improve your credit score
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Debt Management
Articles on Debt
Management: How to analyze & manage your debts, and how to recognize if your
debts are getting out of control
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Insurance
Articles
explaining home, life, health, car, and even pet insurance and how you can
save money on each
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Investing
Articles on
buying and selling stocks and investment tips and advice
Articles explaining annuities and
how to use them as investments for retirement
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Money Saving
Tips
Articles on saving money, shopping frugally, and smart financial planning
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Mortgages
Articles
on the many different types of mortgages, what to look for in a home loan,
as well as many tips on saving money with your mortgage
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Our Maker's Money
Articles from a Biblical perspective of our
money, finances, and stewardship
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Retirement
Articles on saving and planning for
retirement
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Student Savings
Articles on how students can save money, pay for tuition, get student loans,
and more
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Taxes
Articles on paying taxes, saving money on your
taxes, tax reform, and more
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Mutual
Funds
If you have done any research at all in investing, or
possible even if you haven’t, you have probably heard of Mutual Funds. But
many wonder, “Just what is a mutual fund and how does it work?”
A Mutual Fund is a group of investors who pool their money together in order
to invest in many different types of stocks, bonds, or other financial
securities. By combining their money, they are able to invest in a much
broader portfolio then they would be able to individually. For example, if you
had $1000 to invest, you could buy 100 shares of stock in a single company.
Or, you could become a part-owner in a mutual fund and own a portion of many
stocks in multiple companies. By being able to diversify your investments your
portfolio becomes much more stable.

Managers are hired to oversee the Mutual Funds. Typically, they have full
responsibility for overseeing purchasing and selling of stocks and earn a
percentage of the total assets.
When shopping around for a Mutual Fund to invest in, look for consistent
long-term results. You should avoid funds that show sharp increases or
decreases, which show that they are probably dealing in some high-risk
markets. A steadier, stable growth fund has proven to outperform over time.

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