Question and answer
What one thing can have the biggest impact on a mutual fund's performance over time?
As some investors already understand – and so many more still don’t — mutual funds are expensive, tax-inefficient, outdated investment vehicles. [ And yet, more than half of American households own a mutual fund, helping power an $11.6 trillion industry. That’s a market that isn’t going away anytime soon – but it’s certainly one that investors can and should be a lot smarter about if they
choose to keep mutual funds in their portfolios. So here’s a basic question for any prospective buyer: Are the biggest and most popular mutual funds really worth your money? The answer isn’t as easy to find as you might think: While Morningstar and many other companies provide ratings on mutual funds, they look at them in isolation of the greater marketplace. They analyze and compare mutual funds only to other mutual funds – which are often equally as flawed. They don’t consider “outside” options such as ETFs. As such, we offer here a more unbiased view of the ten largest U.S. mutual funds — pointing out the pros and cons of both active and passive funds, while simultaneously suggesting real alternatives. Almost all of these funds come in different shares classes, each with their own fee structure, and are ranked by assets under management as reported by Morningstar. Read more; ]
Expert answered|jeffreymcmillan|Points 210|
Question
Asked 8/5/2013 12:12:19 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
How should you adjust your retirement saving strategy if you are uncomfortable owning stocks?
Weegy: Familiarize yourself with the different types of retirement plans and choose the best one for you. Retirement plans set up by individuals are called Individual Retirement Accounts (IRAs). There are two basic types, the traditional and the Roth. [ A traditional IRA allows you to take an up-front tax deduction for your contributions. In a Roth IRA, you don't get to deduct your contributions to the retirement plan, but when you withdraw funds after retirement, everything (contributions and earnings) is entirely tax free. Two other types of IRA, SEP and SIMPLE, follow the rules for traditional IRAs but are provided through your employer, unless you are self-employed. 2 Determine your eligibility. As long as you have earned income you can open a Roth IRA. To start a SEP IRA you must be at least 21 and worked for your employer 3 of the last 5 years. For a traditional IRA you must be less than 70 1/2 years old. You can contribute up to $5,000 per year ($6,000 if you're past 50) to an IRA, but must leave the money in the account until age 59 1/2 (with a few exceptions). The contribution limits for SEP and SIMPLE IRAs are considerably higher- -25 percent of your income up to $49,000 per year (as of 2009). Choose the type of investment strategy that best fits your requirements. Most people start a retirement account with a bank, mutual fund or brokerage firm. For inexperienced investors or someone who has limited time to research stocks and other securities, banks and mutual funds are good choices. An IRA at a bank usually has low fees and can be as simple as purchasing CDs to be held in the account. Bank IRAs are safe because they are insured by the FDIC. A mutual fund retirement plan works in a similar fashion, except the fund invests in stocks or bonds and usually provides a better return on your investment, but with greater risk Read more: ] User: What happens to the price of bonds when interest rates go up Weegy: Bond prices are inversely correlated ... (More)
Question
Expert Answered
Asked 8/5/2013 12:07:03 AM
0 Answers/Comments
17,390,083 questions answered
Popular Conversations
Find the product. (25x 2 + 20xy + 16y 2)(5x - 4y) 125x3 - ...
Weegy: (25x^2 + 20xy + 16y^2)(5x - 4y) = 125x^3 - 64y^3 User: These three points are collinear. (3, 6), (-2, -9), ...
9/15/2014 8:27:15 AM| 4 Answers
The difference between a number and 2
Weegy: Please provide more details to your question. User: Translate the phrase into a variable expression. The ...
9/15/2014 7:16:52 PM| 4 Answers
Where did the Phoenician civilization originate? a. what is now ...
Weegy: Phoenician civilization originated from the Sinai Peninsula.
9/15/2014 7:26:49 AM| 3 Answers
Find the quotient. (12x 2 - 10x -12) ÷ (3x + 2)
Weegy: (12x2 - 10x -12) ? (3x + 2) = 4x - 6. [smile] User: Simplify. 8 - 3(4 - 2x) User: Solve for x. |2x - 8| > 6 ...
9/15/2014 8:36:08 AM| 3 Answers
What is the slope of the line passing through the points (4, -2) and ...
Weegy: The slope of a line is 2/3. The slope of a line that is perpendicular to this line is -3/2. User: Add and ...
9/15/2014 9:10:05 AM| 3 Answers
Ramona enjoys her job because she is able to help kids in an after ...
Weegy: Ramona enjoys her job because she is able to help kids in an after school program. The work value Ramona feels ...
9/16/2014 7:40:25 AM| 3 Answers
A story’s narrator is its ...
9/16/2014 8:41:39 AM| 3 Answers
The sun set behind the hills. transitive intransitive User: ...
Weegy: Infinitive phrase can function as adjectives.
9/15/2014 2:05:03 PM| 2 Answers
Write an equation in slope-intercept form for the line that satisfies ...
Weegy: The equation in slope-intercept form for the line with x-intercept 12, and y-intercept 14 is y = -7/6x + 14 ...
9/15/2014 3:54:30 PM| 2 Answers
2. Which of the following is an example of an infinitive phrase? A. ...
Weegy: Indefinite pronouns are words which replace nouns without specifying which noun they replace.
9/15/2014 3:58:04 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 1780 [Total 26179]| Ratings 4| Comments 1740| Invitations 0|Offline
S
L
1
L
P
C
1
Points 1637 [Total 8168]| Ratings 8| Comments 1557| Invitations 0|Offline
S
L
1
1
1
1
L
1
L
Points 1239 [Total 11019]| Ratings 0| Comments 1239| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1120 [Total 18292]| Ratings 2| Comments 1100| Invitations 0|Online
S
L
C
P
C
1
L
L
P
C
1
Points 1105 [Total 17044]| Ratings 8| Comments 1025| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 445 [Total 11691]| Ratings 0| Comments 445| Invitations 0|Offline
S
L
Points 394 [Total 1064]| Ratings 0| Comments 394| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 393 [Total 18924]| Ratings 0| Comments 393| Invitations 0|Offline
S
1
L
L
Points 348 [Total 5472]| Ratings 4| Comments 308| Invitations 0|Offline
S
P
C
L
P
L
1
Points 45 [Total 6102]| Ratings 1| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.