The Top Mutual Funds Over Five Years – Tech Takeover

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   You Can Judge a Fund by Its Volatility Unlike returns, fund volatility can be persistent. Actively managed funds with high levels of volatility (as measured by the variance in returns) are likely to stay highly volatile. Actively managed funds with low volatility are likely…

 

IRAs and an Opportunity for Tax Arbitrage

The new tax law provides a few incentives for taking advantage of Roth IRAs and similar types of retirement accounts. It also preserves the contribution limits in effect prior to this year for both tax-deferred and aftertax accounts. Roth IRA conversions, however, can no longer be undone. I bring this up now because you currently…

 

Top AAII Blog Posts of 2017

Here are the most-read AAII Blog posts for 2017:   When to Sell and Nail Down Your Profits—While You Still Have Them When you go through a complete market cycle, your real objective is to nail down as much of the profits you’ve built as possible. Proven sell rules to follow so you can keep…

 

What Every Investor Should Know About Mutual Funds

In mutual fund investing there are no immutable laws to guide us, as we have in physics. But then again, it’s not professional wrestling either. Some of what follows distills the collective experience of mutual fund investing; some of it has empirical evidence pointing its way. But most is simply common sense that investors often…

 

10 Questions to Ask About a Fund Manager

Performance statistics are probably the single most scrutinized feature of any mutual fund. These figures are, of course, important indicators of how well a portfolio manager has performed in the past. As such, they can serve as useful flags of a possibly good manager or a possibly bad manager. But the question facing any prospective…

 

What Every Investor Should Know About Mutual Funds

In mutual fund investing there are no immutable laws to guide us, as we have in physics. But then again, it’s not professional wrestling either. Some of what follows distills the collective experience of mutual fund investing; some of it has empirical evidence pointing its way. But most is simply common sense that investors often…

 

What Every Investor Should Know About Mutual Funds

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Tracking the S&P 500 With Mutual Funds and ETFs There are more than 40 mutual funds and exchange-traded funds (ETFs) widely available to investors that explicitly list the S&P 500 in their name. These funds track the large-cap index or follow a strategy based…

 

What Every Investor Should Know About Mutual Funds

In mutual fund investing there are no immutable laws to guide us, as we have in physics. But then again, it’s not professional wrestling either. Some of what follows distills the collective experience of mutual fund investing; some of it has empirical evidence pointing its way. But most are simply common sense axioms that investors…

 

My Notes From the CFA Institute’s Annual Conference

I spent the first half of this week at the CFA Institute’s Conference in Philadelphia. The conference is targeted toward CFA charterholders and covers a very wide range of topics. It’s also an international conference, with the third biggest delegation of attendees, behind the U.S. and Canada, coming all the way from South Africa. I’ve…