Tuesday, April 16, 2019

The best guide to mutual fund investment

Jason Kelly, author of the article entitled "The Best Small Guide to Mutual Funding Investment," was an English language graduated from the University of Colorado at Boulder in 1993. Kelly worked at IBM's Silicon Valley Lab for several years, where he wrote articles and books that earned him the Technology Communications Association Excellence Award. He turned from writing about computers to writing articles about finance and found his place in the stock market.

Kelly said that as more and more people realize that mutual funds are the best place to put money, mutual funds are increasing, which indicates that these include good and bad; high security and high risk. He pointed out that in order to find the right money for you and not spend the rest of your life trying to become a market expert and find yourself in charts and charts, all you need to do is take a moment to guide you through the common fund maze and wisdom and wisdom.

Kelly said that this article succinctly tells you about different types of mutual funds; how to choose your own goals and determine your own risk level; how to use your mutual fund investment to reflect your needs and needs; how to quickly understand which fund Is the best of its kind; how and how to buy funds at the lowest price; how to find hidden fees; how to track performance; how to know when to sell; how to let funds work for you after retirement, etc.

The ten steps of the author's Education Investment Mutual Fund are to understand what mutual funds are; to choose your goals; to set an acceptable level of risk for your goals; to decide what kind of distribution is right for you; to compare your funding with the funding category Match; research funding; choose your funds; buy your funds; track your funds; and sell your funds.

In terms of structure, the paper is divided into seven chapters. The first chapter is titled the best investment you can buy. According to Kelly, "mutual funds have become the choice of millions of investors around the world. Today, you can choose from more than 8,000 funds – you can find more options on the New York Stock Exchange. Mutual funds are common to investors. A common goal of investment. The common goal is a common goal, and the fund part is money. The fund manager uses all of this to buy stocks, bonds and money market instruments. In exchange for your funds, you will get the stock of the fund."

The expert said that the price of the stock fluctuates with the value the fund has, adding that if you send $100 to a fund worth $10, you will have 10 shares. "If the value of the stock, bond or money market instruments owned by the fund increases, the stock price will rise and your investment will increase. For example, the price per share will rise to $11. The $100 will become $110 because Your 10 shares are worth more than $1 per share. Of course, it also applies in other directions. But more is the latter," Kelly added.

He explained that the price of each fund share is simply referred to as "net asset value" or "net asset value". At the end of each day, the net asset value is determined by dividing the value of fund investment. The number of shares sold.

According to Kelly, the most common funds are called open-end funds, and another type of mutual fund is called closed-end funds. The author explains that whenever someone sends money to an open-end fund, he or she will buy the fund's net asset value for the day, plus sales commissions [if any].

He added that investors can sell stocks back to the fund at any time to obtain the current net asset value. As for closed-end funds, Kelly said that these funds sold a limited number of shares and added that if you want to share one of the funds, you need to buy them in the stock market of the people who already own them.

The second chapter is based on the theme of preparing for investment. According to the expert, "With mutual funds, just like everything else, everyone should understand something. You are willing to pay for something from your daily life to buy something that you can't enjoy. The only value is what it can buy for you. This means you have to know what to buy for you and when."

Kelly said there are three basic mutual fund goals, namely growth, income and stability. He stressed that each fund strives to achieve some combination of the three, adding that some funds focus on one goal, others focus on one goal, while investing a portion of the funds in the remaining two goals, and some funds will be three The targets are evenly mixed together.

"Growth, income and stability are just like the three primary colors. They can be combined to create any desired change. Each of the three goals is concentrated in one of three asset classes. Any investment will be at risk of loss, and All three asset classes have varying degrees of risk," the author adds.

In Chapters 3 through 5, Kelly analyzed X-ray concepts, such as funds for each occasion; investing the right funds and tracking your funds.

Chapter 6 is entitled Other Investment Considerations. This chapter describes tax issues related to investing in mutual funds, special retirement accounts available, and methods for consolidating investments. The author explains that taxation may be the most boring part of mutual fund investment, adding that taxation may be the most boring part of normal life. Kelly Education Capital Revenue is the profit you earn when you sell an investment at a price higher than the price you pay, and the capital loss is the amount you lose when you sell the investment at a price lower than the price paid. According to him, "Capital gains are taxable income and must be reported to the IRS on your annual tax return. Capital losses are deducted from your annual income and reported in your tax return."

In Chapter 7, he discusses the concept of useful tools and lists 20 excellent fund companies and their phone numbers.

In terms of style, it is not an exaggeration to assert that this article is successful. Although the technicality of the language is due to the technical nature of the subject, Kelly is able to achieve simplicity through the correct interpretation of the concept, which also makes the text highly pedagogical.

The text is also logical in presentation and elaborated in research, such as wonderful real-life illustrations. Kelly generously uses graphic or graphic embroidery to achieve the visual reinforcement of the reader. understanding.

I think the title of "the smallest guide" in the text title is an understatement, because the content provided in the article is more than a little bit. Perhaps the author uses this technique to convey the humility of wisdom. However, some concepts are repetitive in the text. Perhaps Kelly skillfully uses this style to emphasize and ensure the reader's long-term memory.

In general, the text is great. This is a must-read for those who want to succeed in mutual fund investments. This is simply irresistible.




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