Why
I Don't Invest in Mutual Funds
Al
Jacobs Investing in Mutual Funds Tips |
For
more than four decades Ive involved
myself in investments, including stocks
and bonds, real estate, mortgage lending,
and variety of enterprises, some of them
hard to describe. However, there is one
endeavor that Ive systematically avoided.
It is the mutual fund. At the risk of alienating
the investment world, I offer the following
observation: Mutual funds are not a particularly
profitable way to invest. Let me share with
you my biases on this subject.
:::
Read Mutual Funds Article |
7
Ways to Tell If You Are on the Trail to
Success
Al
Jacobs Road to Success Guide |
At
some point in most peoples lives comes
a realization that the dreams of youth and
more sober aspirations of early adulthood
may never come to pass. A childhood fantasy
to become a famous movie star, a teenage
obsession to excel on the athletic field,
or a young workers aspiration to be
a millionaire, are among the hopes that
remain a distant vision. But as years pass
and illusions fade, each of us must come
to terms with the success we achieveor
fail to achieve.
:::
Read Personal Finance Article |
Investing
in Stocks
Michael
Dylan Investing in Stocks Article |
Over
the years I have made enough mistakes and
have had enough successes to learn enough
about investing in stocks to have developed
my own set of rules. These are general investing
tips that can easily be adapted to most
styles of investors.
:::
Read Investment Article |
Investment
by Default
Al
Jacobs Investing in Mutual Funds Article |
No
discussion of securities in the first decade
of the twenty-first century may ignore what
is now the most powerful and profitable
marketing tool of the industry: the open-end
investment company known as the mutual fund.
Since formation of the first such company
in the United States in 1924, acceptance
by the public grew to become universal.
:::
Read Investment Article |
The
Mutual Fund - A Critical View
Al
Jacobs Investing Mutual Funds Article |
Not
long ago I received an inquiry from a visitor
to a website on which Ive functioned
as the financial consultant over the past
year. The questions, short and to the point,
read as follows: What should I look
for in a fund? I recently rolled over a
401(k) into an IRA and right now sitting
in a money market account (Im peeved
at my advisor about that). Im looking
for some good aggressive growth funds. One
more thing: The IRA is about 6K. Should
I put it in one mutual fund, or a couple,
or a hundred? Thanks, Kelly.
:::
Read Full Investment Article |
Jesse
Livermore And His Legacy (2 Parts)
Henry
To, CFA - Jesse Livermore Article |
Jesse
Livermore was a great trader and speculator..
always willing to learn, study and open
to new ideas. He was also an eccentric man,
unparalleled in his dedication to always
gaining an advantage over all other traders
and investors. So why Livermore? Is it because
of the glamour of discussing such a man?
No. Why not Gann? Or Buffet? Was there some
type of secret recipe for his
successes in both the stock and the commodities
market?
:::
Read Full Jesse Livermore Article &
Jesse Livermore Part 2 |
Wrestling
With the Establishment
Al
Jacobs Investing + Personal Finance Article |
Have
you done any business with a large multinational
company recently? And if so, during the
transaction did you have that feeling of
confidence which comes only in the presence
of grandiosity, as eloquently expressed
in the slogan adopted by a mammoth northern
California savings & loan association
some years ago? "Big . . . Safe . .
. Friendly."
:::
Read Full Investing Article |
25
Signs That Show You Know How to Handle Money
Al
Jacobs Investing + Personal Finance Article |
The
ability to master your money is not something
that just happens. It takes time, training,
and temperament.. Whatever the average citizen
knows about saving and investing did not
come from the classroom. This is understandable,
of course, if only because the typical classroom
teacher is equally mystified by the world
of money. Nonetheless, there are those among
us who have figured out how it all works,
and what it takes to prosper
:::
Read Full Investing Article |
The
Dow Theory Article (2 Parts)
Henry
To, CFA - Investing in Stock Article |
It
is interesting and amazing to note that
not until Charles Dow started compiling
the Dow Jones Industrial and Dow Jones Rail
Index and started writing about the stock
market a little over a hundred years ago,
stock speculation was regarded merely as
a game for the rich or as gambling for the
brave. Sure, there were the tape readers,
but the majority of the public regarded
Wall Street as a source of excitement -
the entertainment provided freely (unless
you were on the wrong side) by figures such
as Cornelius Vanderbilt, Jay Gould, and
the infamous Daniel Drew.
:::
Read Full Dow Theory Article & Part
2 |