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valunvesthere (< 20)

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Part 3 of 3: Mutual Funds Are Still Relevant

September 22, 2016 – Comments (0) | RELATED TICKERS: AMTD , MFC , SLF

I'm not going to delve into the daunting task of making suggestions in choosing and buying from the list of Mutual Funds and Fund Families. When I bought Mutual Funds decades ago I bought it from the same bank that I had a savings account with because it was simple and I didn't have to write checks to a Mutual Fund company or Insurance company and keep track if I had sufficient funds that I was automatically purchasing Mutual Funds on schedule dates. It's true that I may have done alot better buying from strictly Mutual Fund companies or Insurance Companies but I'm not going to look back and scrutinize because I didn't have the expertise and the resources to adequately build a balanced portfolio of securities on my own.   [more]

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Part 2 of 3: Mutual Funds Are Still Relevant

September 19, 2016 – Comments (1) | RELATED TICKERS: AMTD , MFC , SLF

Why do so many people procrastinate in investing in mutual fund(s)? The first 3 possibilities I could think of are





(3) Negative Experiences From Others: There's a philosophy in the tourism industry that word of mouth of a bad experience spreads as fast as wildfires from just one person, positive experiences will always be kept quiet to prevent oversaturation of future tourists in watering down experiences for future return trips. The same goes for mutual fund(s) we hear more negative experiences than positive ones and many people avoid mutual fund(s) all together because of other peoples disappointment. Long ago I had a choice of either joining the disgruntled herd mentality and view mutual fund(s) with a grain of salt or I could open mutual fund account and personally experience it myself. I chose the latter and can say I've gained experience in riding market volatility, averaging stock price by buying more shares at low prices, selling at losses and moving on without thinking about making previous bad picks in mutual fund portfolio, and etc.

(2) Risk: Long ago when I first opened a mutual fund account at the bank, The mutual fund representative at the bank had me answer some questions as she filled in the blanks on her desktop in the office. The questions she asked me were typical ones to build profile and the other questions to figure my risk tolerance. One of the questions she asked me was, "Would you sleep comfortably if your portfolio dropped more than 20 percent?". This is one of the best questions asked upon me and got me thinking because we're always thinking of how much we're going to gain rather than the probability of how much we're going to lose. I still purchased a batch of medium - high risk domestic and foreign equity funds. In the 1994 film, "Forrest Gump" there is a scene where Forrest Gump bought a shrimping boat and hired Lieutenant Dan Taylor as his first mate. The experienced shrimp boaters weren't out shrimping because of storm forecast, being inexperienced Forrest Gump and Dan Taylor didn't pay attention to forecast and got caught up in the storm while shrimping. After riding through the storm unscathed they returned to the docks where all shrimping boats were destroyed. The moral of the story is understanding as much about investing in mutual funds and also learn as you go.  [more]

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Part 1 of 3: Mutual Funds Are Still Relevant

September 15, 2016 – Comments (0) | RELATED TICKERS: AMTD , MFC , SLF

One best question I've ever asked is, "How much money is adequately enough to invest in stocks individually?". The answer varies from who you ask. Decades ago before I started investing I've read and asked the question to others who invested which I've gotten various answers from dollar amounts to when you have enough to buy board Lots or alot better blocks of shares and stay away from buying shares in odd Lots.  [more]

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There's still plenty of activity and things to do at The Motley Fool

September 12, 2016 – Comments (2) | RELATED TICKERS: AOL.DL , MSFT , YHOO

Despite what some disgruntled Motley Fool members has posted or blogged about how The Motley Fool is going downhill and they're leaving to a better website, there's more new members signing in Highest-Rated New Players.  [more]

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My 2¢ suggestion for sending students to school without losing appetite for lunch

September 08, 2016 – Comments (0) | RELATED TICKERS: KHC , NWL , TUP

If parents keep on making mac and cheese, repacking leftovers, sandwiches and etc. for students lunch it's guranteed they'll lose their appetites in a short period of time. Always giving them money to buy lunch isn't economical in the long period. So what is there to do to get the student to learn without being hungry?  [more]

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