Why do mutual funds have so much bad press?A lot of people have been asking this question.Let’s start by looking at some common myths and see what’s really going on here.I’ll go over some of the common themes that I see and then give you some examples to check out.First, there’s the “unclaimed fund” myth.People…
What you need to know about the top mutual funds for 2016
A fund can be a great investment for years, but the investment itself can be expensive.So to make the most of your money, we recommend a mutual fund that you can access today and one that you may or may not have already invested in.And of course, if you have questions, don’t hesitate to contact…
Artist Relief Fund to Fund Barstool Fund: “We’re going to go out and give out some of the best artists”
FOX Sports has learned that Barstools Fund has secured the exclusive rights to raise money for artists by launching the Artist Relief fund.The Artist Relief funds will be available for artists to fundraise for in-kind and digital donations to help support their work.The fund is a new venture from the Barsticks founders, Joe Barstolo and…
How to Fix the GOP Obamacare Repeal: What You Need to Know
The Senate Finance Committee is scheduled to vote on the first bill that will repeal Obamacare’s health insurance subsidies on Wednesday.If it passes, it will send to the House of Representatives for a final vote.The bill would replace subsidies for millions of Americans with tax credits that go to insurers for selling insurance on state…
Hedge fund definition: What is it?
Hedge fund definitions are not easily defined, but if you are looking for a hedge fund that has an underlying portfolio of mutual funds and ETFs, you may want to check out this article on what hedge funds are and what they are not.Hedge funds can be divided into three categories: short-term, long-term and global.Short-term…
How to avoid being overpaid in the MFS funds
Money is one of the big drivers of how people live their lives.But there’s also the issue of saving for retirement, and the MDFs (Money Market Fund) and MFSs (Mutual Fund Funds) are often considered the best way to make sure your savings don’t get squandered.Here’s how to decide what’s right for you, and how…
Aussie bank to tap cash from unclaimed offshore funds
In Australia, a group of financial institutions has been pushing to have their assets held by an Australian bank and given back to them, as a way of improving their reputation.In November, Unclaimed Funds, an Australian firm that helps people reclaim their money from unsecured offshore accounts, raised $100,000 through a crowdfund to support a…
What’s in a 529?
In the United States, there are more than two million 529 accounts with $1 billion or more in assets.They are designed for people with college degrees who can’t access the same kinds of college education as the top earners.Here’s a look at the top 529 accounts and their top investors.1.529s: 529s are investment plans that…
How to get into American Funds’ cash flow analysis
In the first of a two-part series, ABC News’ John Ryan and Matthew Lohr explain how to access a suite of new American Funds research tools that allow you to dive deeper into the money flows of American Funds stocks, bonds and funds.The first piece of the puzzle is to sign up for the American…