Tag Archives: investing

How to Invest in a Closed-End Fund

There are two types of mutual funds — open-end funds and closed-end funds. Imagine they’re twins who share the same DNA but go through life doing things very differently. Both of these funds sell shares to investors and use the…

How to Choose an Exchange-Traded Fund (ETF)

Exchange-traded funds, commonly called ETFs, are index funds (mutual funds that track various stock market indexes) that trade like stocks. As such, they have all of the benefits of plain old index funds with some added punch. The fees for…

How to Buy or Invest in a Mutual Fund

Picking the right mutual funds is a lot like selecting the right kinds of stocks to purchase. Among the similar strategic rules of thumb: watch the fees, diversify your holdings to mitigate your risk and don’t chase performance — think…

How to Invest in a Certificate of Deposit (CD)

Certificates of deposit (CDs) make financial sense for people of all ages who want a low-risk investment to park cash they don’t plan to use immediately. Maybe you want to use your cash to buy a car or make a…

How to Make the Most of Your 401(k) Plan

Here are some tips to maximize your retirement savings: Consider a Roth 401(k) In a Roth 401(k), similar to a Roth IRA, you invest money that’s already been taxed. Then, when you retire and withdraw funds that money is not…

How to Choose a Financial Planner

Financial planners advise clients on how best to save, invest, and grow their money. They can help you tackle a specific financial goal—such as readying yourself to buy a house—or give you a macro view of your money and the…