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Learn... Plan for Retirement... Save... Millions!

Steps to Build Plan
  Step 1 - Define goal
  Step 2 - Gather data
  Step 3 - Get educated
  Step 4 - Assess situation
  Step 5 - Develop plan
  Step 6 - Make changes
  Step 7 - Get help
Tools
  Retirement Calculator (Html)
  Life Expectancy Calculator (Html)
  Retirement planner (MSNMoney calculator)
  Retirement planner (MSNBC calculator)
  CNNMoney's Asset Allocation Wizard
Investment Plans
  Employer Plans
  Pensions
  401(k)
  403(b)
  Roth 401(k)/403(b)
  457(b)
  Keogh
  Simple IRA
  SARSEP-IRA
  SEP-IRA
  Federal Plans
  Military Retirement
  CSRS/FERS Plans
  TSP
  Other Investments
  Personal IRA
  Annuities
  Stocks
  Bonds
  Mutual Funds
Mutual funds

A mutual fund is simply a way for people to invest together, through an investment company that allows investors, large and small, to pool their money for increased buying power. This company then invests in a large group of different stocks, bonds, or other assets, and they call this their portfolio of which you own a share by investing. With all of these resources, they can purchase these funds more efficiently and cost effectively. Generally, the larger the fund, the greater its cost advantage in making purchases and sales for the mutual fund. The advantage to you is that the portfolio is professionally managed by people who invest for a living, and hopefully make better choices, both when to buy and when to sell, than you or I would do on our own.

As with any investment, there are ups and downs with mutual funds. Most notably, their performance isn't guaranteed and you could lose money. What is important to know about mutual funds is their rewards and risks, the various categories of funds, and the fees involved in mutual funds.

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