By Marylou Morano Kjelle
The advanced international of making an investment in mutual money is simplified for latest youngster. From what mutual money are to how they're stricken by monetary adjustments is specified with functional examples from the teen's international.
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Extra resources for A Teen Guide to Buying Mutual Funds
Scott, David. L. Investing in Mutual Funds. Boston: Houghton-Mifflin Harcourt, 2004. Taulli, Tom. ” InvestorPlace, April 27, 2012. ” Money Magazine. January/February 2012, p. 122. Tyson, Eric. Mutual Funds for Dummies. Hoboken, New Jersey: Wiley Publishing, 2010. Updegrave, Walter. ” CNN Money, June 13, 2012. htm Williamson, Gordon K. The 100 Best Mutual Funds You Can Buy 2001. Holbrook, Massachusetts: Adams Media Corporation, 2000. 0. Every effort has been made to locate all copyright holders of material used in this book.
It is a place you can start your research for your own portfolio. indd 43 5/16/13 9:53 AM Further Reading Carroll, Adam, and Chad Carden. Winning The Money Game: A Rule Book to Achieving Financial Success for Young People. Clive, Iowa: National Financial Educators, 2006. Radden, Viki. The Money Tree: The Young People’s Illustrated Guide to Saving, Banking, and Investing. Scotts Valley, California: CreateSpace Independent Publishing Platform, 2012. Stahl, Michael. Early to Rise: A Young Adult’s Guide to Saving, Investing and Financial Decisions that Can Shape Your Life.
What is the fund’s history? A mutual fund must detail its history over the last ten years, if it has been in existence this long, so that possible investors can see how well it has done. If the fund isn’t yet ten years old, the report must give the history for the years the fund has been in existence. Look at the fund’s rate of return to see how well the fund is performing. How long has the portfolio manager or team been with the fund? The performance of the fund over the last ten years might not mean much if the current manager has only been managing the fund for the past year.