Mutual Funds
« Previous EntriesMutual Fund Fees Jump
Thursday, August 20th, 2009My friend Allan Roth sent me a link to an article he wrote for Money Watch:
Mutual Fund Fees Jump 5 Percent
It’s an interesting article. Check it out.
Reader Comment on My Asset Management Post
Monday, April 20th, 2009AFM reader, Chris, left this comment on my post from last week:
What is the profit margin on a bag of cheetos, 50%?? The margin on the gel for my hair is over 100%. Why do we quibble over 1%? Do we expect money managers to work for free? I know it sounds like a lot [...]
Investment Management is Big Business
Friday, April 17th, 2009Check this out. I found this on page 161 of Christopher Jones’ book, The Intelligent Portfolio*, regarding mutual fund fees. I never really looked at fees in this way.
The aggregate numbers on the magnitude of investment fees are sustantial. For example, look at the fees charged by mutual fund companies. According [...]
Poor Bill Miller…
Thursday, December 11th, 2008Take a look at this graphic that was in yesterday’s Wall Street Journal. It’s a graph of the performance of the Legg Mason Value Trust, managed by Bill Miller, against the S&P 500 Index.
According to the article ($), the Value Trust is down 58% this year alone! Why? Because Bill Miller made [...]
How Should This 44-Year Old Invest $18,000?
Monday, May 12th, 2008I received this email last week:
Hi JLP,
I found your blog thru real simple magazine. Props to you. Nice.
So here is my question, 44 years old, female, broke my whole life, no savings, wanna change. Came into 18K (my Dad died) and I don’t know what to do with it. It has been sitting getting like [...]
Fees Matter!
Tuesday, February 5th, 2008Okay, we all know that investing involves fees. However, did you ever think about just how much you could spend in fees over a 20 or 30 year period? It’s probably a lot more than you think it is. Why? Because fees compound along with the growth of your investment. [...]
Mutual Funds With Low Minimum Investments
Tuesday, November 13th, 2007Here’s a list (check it out here ($) I found in today’s Wall Street Journal of some mutual funds that have low minimum initial investments. All funds listed are supposed to be no-load mutual funds with relatively low management expenses. Where available, I included a link to the mutual fund’s website.
NOTE: Upon further [...]
Are Mutul Fund Companies Becoming Activist Investors?
Tuesday, October 2nd, 2007There was a very interesting article, Mutual Funds Get Mad ($), in the Wall Street Journal today about how mutual funds are becoming activist investors when they see companies doing things that hurt their (the mutual fund’s) returns. The article profiled T. Rowe Price’s effort to stop a buyout of Laureate Education led [...]
Let’s Read Some of Robert Kiyosaki’s Drivel
Tuesday, May 1st, 2007One of my readers sent me a link to a recent article by Rober Kiyosaki titled Playing the Mutual Fund Lottery. I can sum this article up for you in one word: DRIVEL! The point of the piece is that mutual funds (ALL mutual funds since he doesn’t make any distinctions) really aren’t [...]
The SEC Guide to Mutual Fund Fees and Expenses
Wednesday, January 31st, 2007While 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.
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