Archive for January, 2007« Previous Entries
While doing some research earlier this evening, I came across a pretty good tutorial on the SEC website regarding mutual fund fees and expenses. They do a good job explaining each fee and what is supposed to be for.
Assuming that 2007 turns out to be a good year for the stock market, mutual fund managers will be happy to forget about 2002. What am I talking about? Well, according to this Wall Street Journal article ($), the most often-used gauge of mutual fund performance is the 5-year average. As of right now, the [...]
Charles Kirk of the Kirk Report has posted a list of stock market lessons he learned from his readers (Part 1, Part 2 and Part 3). I’m not a “trader” but that doesn’t mean that some of this stuff is applicable to me.
First off, what’s a 12b-1 fee? According to Investor Words, a 12b-1 fee is: An extra fee charged by some mutual funds to cover promotion, distributions, marketing expenses, and sometimes commissions to brokers. A genuine no-load fund does not have 12b-1 fees, although some funds calling themselves “no-load” do have 12b-1 fees (as do some [...]
Lately I have noticed that some of the stuff I order online that was normally shipped with UPS is now being shipped via “UPS Mail Innovations.” I don’t see anything “innovative” about this program: So, UPS picks up the package from the merchant and then hands it off to USPS for delivery. Wow! That is [...]
Scott over at MoneyBloggerPodcast has posted his interview with Rachel Kesel, founder of The Compact. What’s “The Compact” you ask? Well, according to their website: We are a group of individuals committed to a 12-month flight from the consumer grid (calendar year 2007). The Compact has several aims (more or less prioritized below): To go [...]
First off, I want to tell everyone thanks for their comments on my “How Am I Doing?” post. I was surprised by how “nice” the comments were until I went back and reread the part of my post that said, “leave a nice, CONSTRUCTIVE comment…” I didn’t mean that the comments had to be positive. [...]
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