Mutual Funds to Invest Into Prior to Reaching Retirement

September 22, 2013 by  
Filed under A Note for You, Front Page

2005 US cent, obverse side]

2005 US cent, obverse side] (Photo credit: Wikipedia)


Many people consider investing in mutual funds as a good plan to save money for their retirement days. If you are new to this world of investment, it is worth mentioning that there are some things to take into account prior to investing your money. This article is meant to be a useful guide to help you manage the finances when it comes to mutual funds investing. Check down below for the guideline.

* Retirement mutual funds should determine you to check with the funds available and compare them wisely prior to investing. This is the same with deciding to purchase a product that is produced by several manufacturers. People are used to comparing prices, features of the products and then make a decision into the final purchase. The same should happen when looking to invest in mutual funds. They come as bonds and stocks issued by companies in need to obtain finances for various purposes. Now the thing here is that you need to find the right company. This will take us to the next step.

* Once you have the money to invest in retirement mutual funds, you should look for the company. This means that you need to check with their records and background. How the company did in the past is a very important aspect to reveal how they will do in the future. The purpose here is to find the company that has big chances to be profitable regardless of the economic climate.

* Next step is to assess the risks coming with the mutual fund investing. While some funds come as high risk, there are as well others that are more conservative. It is again up to you to decide which the best is for you. Keep in mind that even the top performing funds can become of higher risk, as well. The performance is in close relation to the market, but even with a poor market, funds can perform well when managed wisely. This brings us to the next step.

* The fund manager must be part of your research as well for your retirement mutual fund investment. This manager must be an experienced one, but it may happen for some of them to be chosen as new replacing older ones. If you confront with this situation, make sure that you find out the reasons that have lead to the replacement of the old fund manager.

* Check also with the fees if the case, because some mutual funds investing come with attached fees. Do not overlook comparing the other costs of the funds with these fees. This is the reason why you should go for various options and make sure that you don’t pay too much in these fees.

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Goal Setting Investments

December 26, 2010 by  
Filed under Featured Articles, Front Page, Wright Ideas

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The goal setting process is about identifying what obstacles are between you and your goal and getting access to the resources needed to bypass those obstacles. Some of the resources we need to reach our goals are time, money, and energy. By focusing on how we can leverage our current time, money, and energy we can create more for when we need them most.

People usually talk about spending money at the store or spending time with their family. The spending mindset is all about the expense in terms of time, money, or energy. When people talk about investing they expect something in return over the long term, not just the momentary pleasure of eating, being entertained, or hanging out. The investment mindset is about the return in terms of time, energy, or money.

When people want to have more money they often start by eliminating excess spending. This is an attempt to reduce the expenses. The trouble with eliminating expenses is that there is a point where no more expenses can be eliminated. If we have a fixed income, there is only so much money we can keep even if we eliminate all our expenses.

The question you should be asking yourself when investing rather than spending is “what is my return on this investment?” Return is profit divided by investment. In other words return is how many more dollars do you get back for every dollar invested.

For example, if I invest $100 in a piece of art and am able to sell it for $100, my return is 0% — I only made back my one dollar for every one dollar I invested. If I am able to sell that piece of art for $150 I made a 50% return — I made back my original $100 plus fifty cents on each dollar I invested. If I decide that I need to be rid of this art piece because it is taking up too much space and I sell it for $50 I had a negative 50% return on that investment — my pay out was $50 less than the original $100 I invested.

Using the principle of return on investment let’s look at typical spending. If I spend $100 on a new TV and get $0 because of it, I have a return of negative 100% — I lost 100% of what I put in. The same applies to our time and energy. The time spent in front of that TV is generating me no pay out and therefore is a 100% loss of that time.

How is this different if rather than spending the time I choose to invest it? I invest the $100 and the several hours a day towards my goals. I may be able to turn that $100 into $200 or $1000. I may turn those few hours into weeks on the beach. I may even notice that my energy level is higher because I’ve invested in something meaningful to myself!

By focusing on investing our time, money, and energy into areas where we will see positive returns, such as our goals, we are able to leverage the original resources and the newly created resources. These resources can now be used to reach other goals more quickly and easily. By choosing to invest, rather than spend, our limited resources we are creating a positive spiral and making our lives match our dreams.

Visit for more on goal setting and more importantly, goal getting and find out how Native American wisdom, good business sense, and NLP are helping more people create the life of their dreams.

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