Selecting and Managing Your Mutual Funds
Now that you’ve mapped out the fund types that match your goals and your desired allocation of those funds, it’s time to pick the individual funds that will go into your portfolio.
What to Look For in a Mutual Fund
Having made the case for mutual funds, it is important to state that not all funds are alike. In fact, they’re not even close. Picking the right group of funds is critical if you are to meet your investment goals. Your asset allocation plan is the important first step, but selecting specific funds to support your goals is an even bigger challenge. Here are some of the important things to consider and analyze when evaluating funds for your portfolio.
Arming Yourself with Information