In your interest.
Online Personal Finance Magazine
No beating about the bush.
Without some sense of when to buy, you will get poor returns and evenlose capital invested in a fund
One of the key tenets of the fund industry is that it is impossible to time the market and, therefore, you should remain invested through ups and downs, through thick and thin. Wrong advice. One, the idea is self-serving. Fund companies make money on the assets they collect from you. Their...
The worst time is when they are offered as lollipops
The business of mutual fund industry rests on a strange paradox. Investors should buy funds when the market is down. But they don’t – for a variety of irrational factors. So, fund companies don’t have much of a choice in when to launch funds. Fund companies are able to make new fund offers only when the market has been on a strong uptrend...
Gold was languishing at US$741 on 11th September. Over the next two days, it jumped to US$780, paused there for a day and then, suddenly, in just two days flat (17th and 18th September), it jumped to hit almost US$910. This astounding two-day move was caused by the financial crisis that has hit the US and Russia. For much of the period in the past two years, gold was a play on the strong euro...