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What is the difference between a mutual fund and an IRA?

Don't buy mutual funds for the long run. They're not good investments. The problem is the fees that are involved. A mutual fund is a pool of money from a number of investors which is then...

Can you add money towards an already existing mutual fund or drip?

You can add additional funds to an existing mutual fund. Just call the company and ask for deposit slips. Usually these are sent to you with your statements. Good luck.

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Stock Options to back up a mutual fund?

I think what you're asking is how can I use options to hedge my mutual funds. One of the most popular ways is to buy protective puts. That way if you have a large holding in mutual funds...

Have you ever here about swiss mutual fund 1948?

They do really exist. Their offices are in The Commonwealth of Dominica, offshore. They have a web site where you can learn about them. ...

Where to get the workbook/study material for AMFI Mutual Fund Certification?

I completed my AMFI module in May 2007 I got book by applying for it with a DD for Rs. 400 get the details from this webpage ...

What is NAV?how it is calculated & mutual fund works?I have purchased...?

nav = net asset value. this is simply the total market of all the securities (hopefully all security values are quoted on a recognized exchange) in the mutual fund divided by the number of units in...

If the US stock market drops hard will my International mutual fund loose value?

International funds are good diversifier over time, but in the short term they seem to correlate strongly with the U.S. market. Take a look at the 2000 - 2002 period: int'l funds were not a s...

After clear the exam of AMFI advisors module, can anyone sell the mutual fund product of any company?

Yes u can sell but u dont get any commission for that. So first you need to visit individual MF company such as SBI Mutual Fund, Reliance Mutual Fund and then you need to fill up a form along with ...

In layman's terms, what is a Mutual Fund?

In laymen's terms: For you or me to buy individual stocks costs too much in expenses and we can't diversify enough. So you and I and some of our friends get together and pool our mon...

I need help cashing out a joint mutual fund.?

If it is a joint account, both signatures will be required on the back of the check. The account belongs to both of you jointly. If you get the joint own to sign over a power of attorney to you t...

Pls. tell me how to chk application status of reliance nautral resources mutual fund.?

clik on- http;//www.amfiindia.com

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What does extremely high capital gains tell you about a mutual fund.?

Ha ha. It is enjoyable to hear someone complaining because he is making money. Most people complain when they are not. It is one of the drawbacks of investing in mutual funds that they are r...

What time of day do the update my Mutual Fund for Etrade?

6:30 EST

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Where is a good place to open an IRA & mutual fund account?

Look, before you do anything foolish with the money, get yourself an education in investing. You're going to have no idea if the advice people give you is any good unless you understand how mo...

Do you want to sponsor an excellent monthly mutual fund journal by giving your advertisement?

Sounds like a typical advanced fee scam ...

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Can I move from Growth to dividend option for Taxsaving mutual fund?

Most of the mutual funds do not allow shifts under lock in period.But you can get direct information from the adminstrator.Some companies may allow.

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Can I have an IRA with two different mutual fund companies?

Yes, it's allowable. Your maximum contribution is the same $4,000 ceiling regardless of whether you are using one company or twenty. However, some companies do charge a service fee if your a...

How do I contact someone about a Washington Mutual Fund?

Washington Mutual is a fund in the American Funds Family. They can be contacted at 800-421-0180.

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Where's the best place to look up mutual fund symbols?

CNN has a nice website. Check it out.

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If I took a Distribution in Cash from a Mutual Fund, do I have to subtract that amount from my Cost Basis.?

No, if you got a capital gains or dividend distribution and took it out, your cost basis hasn't changed. If you left it in, you'd ADD it to your cost basis. In either case, it's ta...

Is it better to keep all money in a mutual fund, or move some to a college savings fund (529)?

depends on needs 529 plan is only for college and higher education otherwise there is taxes and penalties if you want more options for this money for your kid go with the mutual fund also no...

My question is about SBI MAGNUM TAX GAIN MUTUAL FUND SCHEME 1993?

SBI MUTUAL FUNDS MAGNUM TAX GAIN SCHEME IS AN ELSS SCHEME (EQUITY LINKED SAVINGS SCHEME). IT IS NOT A CAPITAL GUARANTEE SCHEME. INVESTMENTS IN THIS SCHEME WOULD BE SUJECT TO LOCK-IN OF 3 YEAR...

Is there a law that mandates you draw on your mutual fund at age 75?

Not mutual funds, but IRAs and 401ks must be drawn down by a certain percent each year once you turn 70 and a half. The government wants to collect all those taxes you deferred.

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What advantage does LIC's Market Plus "without life cover" have over a mutual fund?

LIC market plus is a ULIP. ULIP is not an intelligent investment as there is lot of initial charge in form of premium allocation charge & These are also not good in term less then 10 year. It i...

Where to contact CEO Mr Michael Mansfield of Swiss Mutual Fund (1948) S.A.? In New York?

Doesn't look like one but it requires a 2 mil for individual accounts to open. Then again with swiss banks I think this is a typical amount to invest.

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Can I roll over my traditional IRA in my bank to a mutual fund company?

You can. But why would you? For more and more people that would NOT be the right thing to do! (and those who tell you otherwise, just don't know yet!) First off, you could move your ...

I am 58 yrs old. closed annuity and am reinvesting in a mutual fund with another co. will i avoid tax burden?

You must complete the rollover by the 60th day following the day on which you receive the distribution. An exception to this rule is if the annuity was from a qualified retirement plan (other t...

How difficult is it to get a job in Singapore in the mutual fund industry?

I have two buddies working in Singapore, and they both only speak English. One is a teacher, the other insurance sales. They both like it and plan on staying there. I know that if you are lookin...

Do I have to pay capital gains and dividend tax on a Mutual Fund I plan to keep for 5 years?

Yes Each year when your mutual fund earns dividends or capital gains, you receive your share and it is reported to the IRS on a 1099DIV. You receive a copy of the 1099DIV. You report the inf...

What is the difference between a Dividend and Growth for a Mutual fund, and which is better?

Dividend is interest earned on your money. growth is just that growth. I don't know what the points mean

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