Archive - March 27, 2011

1
The Inside Workings Of A Mutual Fund
2
Calculating Your Expected Social Security Income
3
3 Money Saving Tips For Your Next Vacation

The Inside Workings Of A Mutual Fund

A mutual fund is an investment policy where collective schemes are employed and managed by a fund manager. The investor enrolls in a mutual fund company with the hope of getting a profitable return at the end. These investment tools may be stock, bond, and other market instrument. The fund manager’s decision of the sales and purchase of different company shares depend on the objective stated within the fund’s prospectus. Now let us learn how mutual fund generates money or how it works within its financial structure.

Generally, open ended mutual funds give an option for investors to accumulate as …

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Calculating Your Expected Social Security Income

There is a portion of the social security statement that is a constant source of misunderstanding – the projection portion at the top of page 2.

Projection of Benefits

If you’ll take a look at this portion of the statement, you’ll see a projection of your Social Security retirement benefits, at Full Retirement Age (whatever that is for you), at age 70, and at age 62.  Also listed are the amounts that you would receive for Disability Benefits, as well as amounts that your family would receive upon your death as survivors.  What gets missed for many folks is the …

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3 Money Saving Tips For Your Next Vacation

I returned from my recent vacation — cross-country skiing at Lake Tahoe — with all of the wonderful memories, images, and souvenirs normally associated with visiting a destination of such legendary, stunning beauty. But I also came back with some takeaways of a decidedly more practical nature. It’s true: Not even the sweeping view of snow-capped Sierra peaks against the backdrop of yet another Blue Bird Day (local-speak) could entirely distract me from noticing some high-impact personal finance lessons I couldn’t wait to share.

So here are some money-saving vacation planning suggestions based on what I learned on my winter …

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