The number of mutual funds in the country is large, far more than the number of stocks traded on NASDAQ. With a number of mutual fund families sporting great track records, you have many options to choose from. So how do you choose between them?
Buy No-Load Mutual Funds: Mutual funds charge a sales load, which is around 5% of the asset. With capital lost to sales load, your investment on earnings is reduced. So, it’s always best to buy no-load mutual funds, as the sales load can be a significant saving.
Calculate The Expense Ratio: The expense ratio is the percentage of assets that are used to run the mutual fund. These expenses include investment manager fees and administrative expenses. Lower the expense ratio, and increase the returns in your pocket.
Consider Tax Rates: Taxes are an integral part of your earnings. When choosing a fund, you need to consider your return after taxes.
Avoid Funds With High Turnover Ratios. The turnover ratio represents the portfolio that has been bought and sold by the fund. A high turnover ratio can be indicative of bad choice of investments.
Choose Funds Managed By An Experienced Team: Mutual fund investment requires experience and discipline. Investing third party money, you’ll need to strike a balance between caution and expert knowledge on picking the best stocks. Look for funds managed by portfolio managers who have a solid reputation.
Choose A Fund That Matches Your Investment Philosophy: Each investor has different goals. While there are some who fall into the category of value investors, there are many who look for quick growth. There are investors that prefer blue chip companies, while others make their picks based on dividend yields.
It is important to choose a mutual fund that shares your investment philosophy.
Asset Diversification Is Key: Specific industry driven funds aren’t the best idea, especially if you’re a first-time investor. Look for funds that have diversified portfolio. Also, it’s best not to stick to one fund family. Stocks are not the only investment option. Other profitable avenues include real estate funds, fixed income funds, and arbitrage funds.
Verify Against The Appropriate Benchmark: There are many benchmarks, including S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite. Compare what ranking your mutual fund scores against any of these benchmarks.
A disciplined approach is a key to making money. Do not let the short term price events dissuade you. Pick funds that have a solid track record, are managed professionally and deliver performance. You will soon be on the path to building wealth for your future.
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9 bedroom painting ideas
Read moreWhen you come home from office and find your house as boring as your office, it further adds to your frustration. So from boring, dull colors of your office room, let’s move to some bedroom painting ideas that can lend a dreamy and modern look to your room. Here are 10 ideas to do the same.
Go green
Well, for calmness and soothing touch, soft green hues can be used. With the soft, neutral or pastel colors, you can have shades of warm browns with them to create a spa-like environment. Also, a green space will definitely relax your mind after those boring boardroom meetings within glass chambers.Pick up bold hues
So, you love going out of the way and create something different? This bedroom painting idea will help you with just that. Go for black- and white-colored walls with your wall arts hanging on them. Black and white paints on bedroom walls are great canvases to doodle your ideas.Choose purple for the kid’s room
Well, so it’s your child’s bedroom where there is nothing but studies? Or, is your child very shy or introvert with his or her choices? In this case, you should paint the room purple. It will stimulate his brain activity, and encourage him to use his imagination even more, and keep him happy as well!Paint geometry designs
Avoid going for bold colors when it comes to your kids’ space. In fact, paint different shapes and big animated letters for your kid who has just started to learn, waking up to basic letters and numbers. You can paint animals and historic structures as well. Waking up to important things can help your child remember things and most importantly learn them.Opt for a theme
What about a fairy wandering over her room? Or a hot wheel track on the wall? A world atlas drawn on the wall, may be? These kinds of bedroom painting ideas can do wonders to light up and brighten up your child’s mood.Happy colors are the best!
Pink and yellow or ocean greens are natural bright colors. If you like to create a positive environment, then these bedroom painting ideas are apt for you. Bright colors can give you positive vibes. So, don’t forget to lend a yellow tone or a pinkish tone one of the walls, and see the change yourself!For the love of the abstract
Most abstract paintings are made on block color. If you’re an artist, it’s a good idea to paint your room with stripes and lots of micro designs that suit your artworks.Create blocks of colors
Only one color cannot define your personality, isn’t it? Why not opt for multiple colors then? You can even paint your bedroom with four colors based on your choices, moods and corners. You can divide your room diagonally to organize them beautifully.Say no to dull colors
Nobody likes a color that depresses one. Hence, give a miss to colors that resemble fungus. Waking up to happiness is the main thing. Bedroom is the room for freshness, and hence, it would be helpful and refreshing if you wake up to your favorite color. -
7 Tips to Choose the Right Exercise Bikes
Read moreOne of the best and simple ways to get rid of those extra pounds at home is an exercise bike and a treadmill. They have been in the market for years. If you check for exercise bikes online, you will be able to find numerous brands. Too many options can make you feel overwhelmed, and you might find it difficult to decide on the right one. However, it is not very tough if you are aware of what to look for in an exercise bike before making a purchase. Continue reading to know more about how to choose the right exercise bike.
- Features: Irrespective of what kind of exercises you are going to perform or what brand you are choosing, your exercise bike should have some features that make your workout routine comfortable. So, make sure that you check the primary features of the bike before buying it.
- Additional accessories: The latest gym equipment come with some interesting and useful accessories such as a port to play music, and a water bottle holder among others.
- Weight limit: There is always a weight limit for exercise bikes. You should make sure that you choose a bike that supports your weight and the weight of other people who will be using it.
- Stability: You do not want to hurt or injure yourself while you are using the exercise bike. Hence, you should make sure that the equipment is stable before making a purchase. The weight of the equipment is a factor that can help you with stability; heavier weight means more stable equipment.
- Noise levels: This may not be a significant problem for many people, but it is essential to ensure that you buy a quieter model so that you do not disturb any of your family members or neighbors while working out.
- Brand and price: Other factors to check before buying exercise bikes is the brand and the price. You need to decide your budget according to how frequently you’re planning to use the equipment.
- Warranty: Last, but not the least, check the warranty period of the bike so that you can relax and start using it without any worries.
It is not very difficult to choose an exercise bike if you have a little knowledge about the type of workouts you are planning.