Not exact matches
One other
thing worth noting:
Mutual fund trade commissions are high
at TD Ameritrade: $ 49.99.
Stick with ETFs that have high daily trading (yes, they can fold like underperforming
mutual funds), don't buy into gimmicks or sectors unless you really know what you are doing, and as the article mentions watch the spreads and the premiums; these
things don't always trade
at NAV.
The first
thing I did was look
at the MER for the two
mutual funds I held
at the time and, after picking my tongue off the ground, decided I was going to take a more active role in investing.
CASH INVESTMENTS INCLUDE
THINGS like Treasury bills, savings accounts, money - market deposit accounts, money - market
mutual funds and certificates of deposit, where there's little chance you will lose money and which can typically be sold
at short notice (though, in the case of CDs, there will usually be an early - withdrawal penalty).
It begins with my best attempt
at laying out the case for passive investing: I explain the problems with
mutual funds and active stock - picking strategies designed to beat the market, and I encourage investors to focus on the
things they can control rather than basing their financial lives around the pursuit of an unlikely goal.
The
thing that resonated the most with me was a comment from David Marcus
at Evermore Global, who said that if you were going to set up a
mutual fund, set up one that was different than what was available in the market place.
Stick with ETFs that have high daily trading (yes, they can fold like underperforming
mutual funds), don't buy into gimmicks or sectors unless you really know what you are doing, and as the article mentions watch the spreads and the premiums; these
things don't always trade
at NAV.
After thinking and analyzing
things, I realize that maybe it isn't the
mutual fund salesperson who is greedy
at all.
The only
thing that confused me was when
at the very beginning of the article, they stated «-LRB-...) they are basically just index
mutual funds which are bought and sold as stocks.»
So if I'm buying and selling that exchange traded
fund and I want to put options or whatever on this
thing, I have that option because it trades like a stock, versus a
mutual fund, where it's going to close
at net asset value
at the end of the day.
Yet, when we set out to buy
mutual funds, the first
thing that we want to look
at is «returns `.
If so, then my inclination would be for them to keep
things simple
at first, and use
mutual funds.
You may be a newbie or a seasoned investor, I am sure, you will come to realise some of the important
things to look
at in finding the right
funds and building your own
mutual fund portfolio.
If you're getting started, chose a
fund like a target date
fund, retirement date
fund, they go by a couple of names but you can start with just one
mutual fund that's a collection of all the investments that might be appropriate for your goal and from that core, if you want to then start branching out into specific ETF's or
funds that focus on just one index or individual securities, then you've got that base that you can build on to add those
things in but
at the very beginning, keep it simple.
I believe that one of the unfortunate
things is,
at present, the
funds can be placed in: a savings account, GIC's, or
mutual funds (and it seems the financial institutions are really pushing managed
mutuals which charge even higher expenses).
This problem is compounded by optimizers that work
at the asset level (e.g.,
mutual funds), because a
mutual fund may change the way it does
things quarterly (which instantly negates all of the past return data which the correlation coefficient numbers were based on).
These are
things most
fund families do, but they excel
at enticing Registered Representatives to sell more of their
mutual funds than any other
mutual fund family.
Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day
At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term neve
At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and
at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term neve
at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf,
mutual funds, equity, gold, lottery, real estate any
thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one
thing is sure cheap
things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.