Search
Related Links

 

 

Informative Articles

Avoiding Double Taxation
Many people who buy mutual funds and other stocks often end up paying tax twice when they finally sell the security. This is because they do not keep track of their "average cost base" per share. This problem is very prevalent on investments when...
How Can You Make Your Restaurant a Successful Venture?
Create a Successful Restaurant by Considering these Issues The restaurant business is a tough business. So if you are contemplating owning a restaurant then beware. New restaurants open their doors every day, but most of them go out of...
Keep Your Investment Profits
KEEP YOUR INVESTMENT PROFITS Have you had one of those huge investment winners – a stock that went from $2.00 to $80.00? Or any other numbers you want that gave you a gigantic percent profit? Did you take the profit or did you watch the equity...
Real Estate Problem Solver
Introduction There are many areas one can invest in. Since I was 15 years old I have looked for the fastest, most effective way to accumulate a lot of wealth, with the least amount of risk. I am now 58. While looking for this road to truth,...
When borrowing money is profitable
If you save money, the money will save you The problem with most people's finances today is that they are not getting enough income to satisfy there needs and wants. People are naturally going to buy things they want even if it means...
 
WHAT THE SEC REALLY THINKS ABOUT MUTUAL FUNDS!

Let’s go into the details of why non-indexed mutual funds are such a bad deal. When Arthur Levitt became the head of the Security Exchange Commission in 1993 he had to sell off all of his individual stocks so that people would not claim that he was doing any dirty inside dealing. He decided to put the cash from selling off his stock portfolio into mutual funds.

Mr. Levitt grew very angry when he tried to decipher how particular mutual funds divvied up their cash into specific stocks. He couldn’t make heads or tells from the fancy brochures of the mutual funds called prospectuses. He had been a major player in the stock brokerages for over 25 years at that point and knew that if he couldn’t understand the mutual fund’s prospectus then he knew public investors couldn’t either; it had to be a big scam to suck money out of the public.

In 1980 the US public invested $100 billion into the 500 mutual funds that existed at that time. By 1993 the public put $1.6 trillion into the more than 3,800 mutual funds that existed in that year; talk about growth! By the end of February 2003, at the bottom of the bear market there were 8,200 mutual funds and the public had pumped in $6.3 trillion dollars. Wow! That is a lot of money. What is important to note is that at least 40% of mutual fund money comes in from 401(k) retirement accounts. Today these mutual funds own about 20% of all publicly traded shares of stock. Mutual funds act like a herd of cows


buying and selling the same stocks at the same time. This increases the wild price volatility swings in the stock market.

These funds are also sold and managed on pure hype, short term trading, and with key information withheld from the public. All of these factors I teach finance students and investors to avoid! The industry confuses investors by focusing on past performance, which should not be a factor to consider. Many mutual funds are able to cheat the public with excessive fees because investors don’t understand how these big costs destroy their profit. Mutual funds have no interest in educating investors because it is easier to hoodwink the ignorant!

Don’t put your trust in mutual funds unless they are fully indexed. Indexing means that the mutual fund simply uses a computer to buy and sell stocks in the mutual fund portfolio so as to mimic the composition of a major stock market index like the S&P 500. This means that there is no fund manager sucking out needless fees. A good example is the first fully indexed mutual fund called the Vanguard 500 (VFINX) which is also now the largest of its kind.

About the Author

ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., the Wallet Doctor, is a successful investor. Dr. Brown holds a Ph.D. in finance. The Wallet Doctor is sought after for investment advice and coaching. For more information visit Dr. Brown’s site at www.BonanzaBase.com or sign up for his investment tips at www.WalletDoctor.com

 

Morningstar: Stocks, Mutual Funds, and Investing
Offers investment research. Covers stocks, funds and college savings plans.
www.morningstar.com
 
StockSmart - Putting the Individual Investor Ahead
StockSmart putting individual investors ahead with research that allows individuals to easily compare industry competitors. Take stock quotes to the next ...
www.stocksmart.com
 
Finance - Stocks-Mutual-Funds Ezine Articles
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites.
ezinearticles.com
 
Finance: Stocks Mutual Funds Articles from EzineArticles.com
http://ezinearticles.com/?cat=Finance:Stocks-Mutual-Funds Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Having a ...
ezinearticles.com
 
NewsIsFree: USATODAY.com: Stocks/Mutual Funds: Information About ...
USATODAY.com: Stocks/Mutual Funds · Original XML Source Money Classifieds - Stocks/Mutual Funds Copyright 2011, USATODAY.com, USA TODAY ...
www.newsisfree.com
 
Online Giving - Campus Crusade for Christ International
Credit Card by Mail or Phone. Other Ways to Give. Non-Cash Gifts: Stocks, Mutual Funds, & Property Gifts · Planned Giving: Wills, Trusts & Annuities ...
https:
 
New way to watch stocks, mutual funds & 401k at office. Free ...
Excel workbook for stocks and mutual funds. Download quotes directly from Internet.
www.esquotes.com
 
News From The Associated Press
Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Comments and questions.
customwire.ap.org
 
Google Finance Launches : Track Stocks, Mutual Funds & Companies
Google Finance offers an easier way to search for stocks, mutual funds, public and private companies. Further, Google Finance also offers a broad range of ...
www.quickonlinetips.com
 
Yahoo! Answers - Individual stocks, mutual funds, and ETFs?
2 answers - what are the difference between individual stocks , mutual funds and ETFs? which one is better for investment ?
answers.yahoo.com
 
Petition Spot :: View Forum - Investing: Stocks, Mutual Funds
Investing: Stocks, Mutual Funds Moderators: None Users browsing this forum: None, Goto page. Post new topic · Petition Spot Forum Index->Investing: Stocks, ...
www.petitionspot.com
 
Donate Stocks/Mutual Funds/Bonds: Beth Israel Deaconess Medical ...
Subordinate Link Selected Link (Level 3): Donate Stocks/Mutual Funds/Bonds · Subordinate Link Donate by Telephone · Subordinate Link Employee Giving ...
www.bidmc.harvard.edu
 
Gifts of Stocks/Mutual Funds/Bonds: Beth Israel Deaconess Medical ...
Subordinate Link Selected Link (Level 3): Gifts of Stocks/Mutual Funds/Bonds · Subordinate Link Donate By Telephone or Mail ...
www.bidmc.harvard.edu
 
U.S. stocks - mutual funds that invest in American companies ...
US stocks - mutual funds that invest in American companies from Kiplingers Personal Finance Magazine in Business & Finance provided free by LookSmart Find ...
www.findarticles.com
 
Investment capsule: - stocks, mutual funds and fixed income Money ...
Investment capsule: - stocks, mutual funds and fixed income from Money Digest in Business & Finance provided free by LookSmart Find Articles.
www.findarticles.com
 
stocks mutual funds invest free stock quotes stock picks investing ...
Free short term stock picks. Buy, sell and hold recommendations. Stock market, financial investments, quotes, mutual funds.
home.flash.net
 
Stocks/Mutual Funds - Gospel for Asia
14500 native missionaries already serve and plant over 10 churches daily. Help sponsor a native missionary for $30 per month. 100% goes directly to the ...
www.gfa.org
 
Keeping Good Records: Stocks, Mutual Funds, and Bond Investing
Keeping Good Records: Stocks, Mutual Funds, and Bond Investing.
taxes.about.com
 
Online Trading at Fidelity- Stocks, mutual funds, ETFs, options ...
With Fidelity online trading, you get low commissions, trading tools, and a range of investment options.
https:
 
Articles for Reprint - Stocks-Mutual-Funds
Stocks-Mutual-Funds. Personal-Finance · Currency-Trading ... By Sachin A | On June 1, 2006 | In Stocks-Mutual-Funds | Rated. Full Article · Print Article ...
www.articles-hub.com
 
 

 
Content Menu
  • 10 tips for creating wealth in the stock market

  • 10 tips fro creating wealth from the stock market

  • 3 sure ways to trump your investing fears

  • 401 k plans

  • 401 k plans 2

  • 403 b plans wave of future for many workers

  • 5 things to know about the stock market

  • 7 myths about real estate investing that are costing you tens of thousands of dollars

  • 7 simples steps to financial freedom and wealth building step 2

  • 7 ways to get financing for your home business

  • achieve financial freedom using the power of compound interest

  • advantages and disadvantages of mutual funds

  • all about stock market

  • alternative retirement income options in 2005

  • americans face serious risk for outliving their retirement savings

  • are social security private accounts a good deal or raw deal for african americans

  • are you financially fit

  • asset classes guide

  • avoiding double taxation

  • a guide to investing

  • a new look at labor day

  • a remake of the sting the modern day mutual fund

  • a roadmap to your true financial independence part 1 generating a passive income for yourself

  • a roth ira is it for you

  • a safe harbor for mutual fund pirates

  • a sucker born every minute

  • basics of stock market

  • best small investment ever

  • best stock market simulation games

  • brain dead mutual fund selection

  • building success and prosperity exactly

  • building the foundation for wealth

  • buy and hold how to perpetuate your investment losses

  • buy and hold investment strategy

  • buy sell or hold

  • can you afford not to look after your personal finances

  • characteristics of successful investors

  • choosing the right financial planner

  • college savings plans are they the best choice for my child

  • connecting with your unclaimed money

  • contrarian strategies selecting small capitalization stocks

  • currency trading getting wealthy from currency trading program

  • dealing with market corrections ten dos and donts

  • different kinds of investments

  • different types of mutual funds

  • discover the foundation of retiring wealthythe ira

  • does your life include a ripe plan planning tips for retirement investing protection and estate planning part 2 investing

  • dont let mutual fund names fool you out of your retirement

  • dos and donts student loans

  • do lifestyle funds provide greater security

  • economic survival in the 21st century the three key questions to ask

  • exchange traded funds

  • exchange traded funds 7 reasons they beat most mutual funds

  • exchange traded funds are good for investors

  • exchange traded funds primer

  • finance tips

  • financial planning for singles

  • financial planning software retirement calculations

  • forex trading create fantastic wealth from forex trading

  • forex trading how to create fantastic wealth from forex trading

  • forex trading investment secret of the rich and powerful

  • frog in the pot

  • frog is in the pot

  • fundamental analysis

  • funding your retirement the 401k and 403b way

  • getting acquainted with the stock market trading system

  • getting started with online investing

  • glide into tax season with solid financial planning

  • going against the conventional investment wisdom

  • greed hits the mailbox

  • halliburton under fire

  • halliburton under fire for operations in iran

  • health insurance for the self employed protecting your businesss greatest asset

  • health insurance for the self employed protecting your business s greatest asset

  • hedge funds the good the bad and the ugly

  • hedge fund 101 make money with hedge funds

  • home based business opportunity secrets of success in home based business opportunity exposed

  • hot tips for retirement savings

  • how can you make your restaurant a successful venture

  • how creditors measure your credit rating

  • how do you rank in the investing hierarchy

  • how the insiders have stolen your retirement the 401 k

  • how to avoid dumb investment mistakes

  • how to be a forbes 400 billionaire by investing in only one stock

  • how to find an investment advisor

  • how to invest wisely and make your money grow

  • how to invest your money

  • how to make your raise really pay

  • how to maximize your 401k mutual fund returns

  • how to pick a profitable mutual fund

  • how to save money by spending wisely

  • how we eluded the bear in 2000

  • how we eluded the bear of 2000

  • how you can simply outperform mutual funds

  • income investing selecting the right stuff

  • index

  • index funds are they right for you

  • index investing going by the numbers

  • inflation proof your investment portfolio with etfs

  • investigate your investments

  • investing in stocks and shares

  • investing in the stock market 9 power packed tips

  • investing its a whole new language

  • investing online day traders and others

  • investing psychology know thyself

  • investing stock market abcs

  • investing the art of making your money work for you

  • investments short term or long term

  • investorideas com presents the insiders corner from michael brush six months to make a mayor proud a six month market performance review of his insider reports and analysis

  • investors avoid these 5 common tax mistakes

  • investors chasing uranium mining stocks again a favorite emerges

  • investors lose buying market leaders stop chasing performance

  • investor guide to financial health

  • is it time to hang up on investments in wireless

  • is your mutual fund the right one for you

  • its stocks not markets that bring investment success

  • keep your investment profits

  • learn how to trade stock properly

  • lobster trapping for investment ideas

  • making money in real estate tax lien investing tips and risks

  • making outsized returns in the stock market using the dow theory

  • market timing facts vs market timing fiction

  • microsoft money investment recordkeeping tricks

  • mid cap stocks asset class with an identity crises

  • money making ways smart thinking and investing

  • mutual funds snare the public in a hidden tax trap

  • mutual funds the modern den of theives

  • mutual fund performance and why there are no dice counters in vegas

  • mutual fund stupidity

  • mutual fund versus stocks

  • new years resolutions for stock market investors

  • no load mutual funds boost your portfolios returns

  • no load mutual funds investment hype vs investment help

  • no load mutual funds or exchange traded funds etfs

  • of stocks stockholders and stock market

  • online banking are you ready for it

  • online banking where do you start

  • online investing and trading discussions at www streetplayer com

  • online investing the road to a fortune or to ruin

  • online trading 7 success secrets

  • optimize portfolio performance with equity styles

  • organizing your finances show me my money what youre worth or net worth

  • organizing your finances show me my money what you re worth or net worth

  • parachute investing

  • penny stock strategies

  • personal finance 101

  • personal finance worries

  • peter scannell market timing whistle blower

  • playing the high stakes biotech game

  • portfolio insurance

  • pre qualify for a stated income or no doc mortgage

  • quicken investment recordkeeping tricks

  • raising money

  • real estate problem solver

  • rebuild your investment portfolio today

  • renewableenergystocks com announces celebrated environmentalist to present at bioneers by the bay connecting for change hosted by non profit featured company marion institute

  • retirement in the new age

  • return on investment guidelines

  • risk and reward

  • risk and reward investing

  • rotator

  • sanity check buying a business

  • santa claus rally is a year end stock recovery coming to town

  • secrets behind interest only loans lower payments but are they right for you

  • secret fees make mutual funds billions at your expense

  • sensex hits record highs slowdown approaches but opportunities still abound

  • services for retirement planning

  • setting financial goals part 2

  • seven investment terms everyone should know

  • should you get out

  • simple retirement plans

  • simple strategies to making financial gain

  • six things to do in a high risk market

  • small cap stocks the beginning of the journey

  • small cap stock trading

  • socially responsible investing

  • start taking the headaches out of your finances with this do it yourself financial plan

  • staying safe in a high risk market

  • stocks for christmas gee thanks mom

  • stock indexes the inside story

  • stock market diversification

  • stock trading with an offshore brokerage account

  • stop loss order methods

  • tax reform my way

  • ten new investment concepts the time has come

  • there are several factors an investor in the stock market should consider

  • the 11 best money saving ideas of all time part 4

  • the 401 k how the insider has stolen your retirement

  • the best of stock market simulation games

  • the big lie what wall street does not want you to know

  • the big secret the mutual funds dont want you to know indexing

  • the conflict of interest game

  • the convertible craze brightens the future of equities

  • the cost of green eggs and ham

  • the danger of buying shares

  • the difference between investing and trading

  • the exclusive club of large caps

  • the great stock market secret

  • the nasty truth about mutual funds investing

  • the overlooked stock market miracle

  • the psychology of markets

  • the securities investor protection corporation sipc

  • the shadow

  • the starting point for new investors

  • the worst stock market you can make

  • thomas edison and the stock market

  • three reasons to start derivatives trading

  • three steps to stock picking success

  • timing market turns 2006 the markets through april 2006

  • tips for investing

  • top investments and stock picks for 2006

  • two for the money

  • understanding 401k plans

  • upcoming homelanddefensestocks com homeland security stocks and industry online conference april 6th 2005 tracking trends in spending and technology additions include terrorism analyst roger cressey

  • using an llc to protect your wealth

  • using sector funds to construct diversified mutual fund portfolios

  • vix and the psychology of markets

  • wayne rogers from actor to super investor

  • wealthy people became rich thanks to their assets

  • what is an option

  • what is a company

  • what is a mutual fund

  • what is life insurance

  • what is one of the worst stock market investments you can make

  • what the sec really thinks about mutual funds

  • when borrowing money is profitable

  • where to invest your money

  • why invest in the stock market

  • why now could be the best time to make money on the stock market

  • why should i use penny shares to build wealth

  • why your mutual fund doesnt return as much as you think

  • why you need to buy and sell gold coins part 1

  • why you need to buy and sell gold coin part 1

  • winning the game of retirement

  • your worst enemy to successful investing the media