Advice for Men

I call on men everywhere to stop rewarding bad female behavior. You know what I mean–immature, mentally ill and downright evil. Do everyone a favor and boycott women who habitually display these traits, no matter how hot they are.

Dangling Carrot

Most of us get sucked into these hurricanes for the same reason. They dangle that carrot. Sometimes they give us a nibble. Sometimes they give us the whole thing. Smart guys take the carrot and run. Really smart guys ignore the carrot, altogether.

Those of us with less than a modicum of sexual intelligence stick around for a meal. We wait for them to grow up:

  • to consider other people’s feelings before indulging their own
  • to learn how to give and receive equal portions of love
  • to develop that old fashioned trait known as character

Meanwhile, our assets are plundered. We’re under the delusion that it’s an investment. But it’s not. It’s casting our pearl necklaces onto the throats of swine.

“Oink!”

I divide these pigs into three categories:

  • Immature
  • Mentally Ill
  • Evil

There is often overlap between these categories.

My use of the word “pig” may seem harsh. But these women are truly glutinous with our resources. Besides, men are often called pigs; and I see no good reason to spare women that moniker when they work so hard to deserve it.

By “resources”, I don’t mean money, only. I mean, also, time, energy and, yes, sperm! Every now and then, one of the last slips by the goalie and, voila, we’ve fathered a child with the girl of our nightmares.

More often than not, these women are not equipped to be good mothers. Thus, we have to work twice as hard to make sure our spawn doesn’t grow up to worship Satan; or worse, join the Tea Party.

We all know these types. They are celebrated, even admired, in pulp fiction and its cousin, reality TV.

Immature

The immature will charm the pants off of us with their little girl personae. We remind them of their fathers, in good ways and in bad. Instead of requiring us to treat them as equals, as mature women might, they encourage us to take control of their lives.

By the way, I’m not talking here about young women. There’s nothing wrong with being young and immature.

I’m talking about adolescent women over 30; lost little girls who haven’t a clue unless a man gives them one. We’re always there for them in a crisis. And they have a lot of them. When we are in crisis mode, however, they are often too busy to be bothered. They come to us for advice, which we love giving. Finally, we think, a woman who values our wisdom! They pick our brains, endlessly, for help with their tumultuous friendships, families and careers until we have no more time and energy to put out our own fires. Our lives become about theirs.

Mentally Ill

The same thing happens with the mentally ill. I’m talking here about addicts and depressives who refuse to get help. They can suck up our means faster than they can suck down a cosmo and a line. And that’s pretty fast!

They become a drug for us, as well. When they’re up, they want to party all the time. And that means hot, kinky sex; sometimes, even, threesomes and foursomes with their drunken friends. We become intoxicated by their free spirit; until we realize that it’s not free, at all. Their compulsions have them by the throat. By participating in their madness, we inadvertently tighten the grip.

Invariably, there are parties to which we are not invited. Our party girls may come to us, then, with tearful confessions. And we may forgive them. But, from then on, every time they don’t answer the phone, we envision them with their legs over another guy’s shoulders. Sex is a sedative for these types. When they apologize for their promiscuity by saying, “It didn’t mean anything to me,” they’re telling the truth.

The last three paragraphs describe mentally ill hotties at their best. When they crash and burn, as all addicts and depressives do, we may be summoned for suicide watch. They call us in the middle of the night because they can’t get to sleep and they don’t want to go on living. When we arrive at their stinky abodes at ungodly hours, they may intone the addict’s solemn oath: “I will never again do [drug of choice], as long as I live, so help me God!” When we suggest that they get help, they insist that they can do it on their own. They may, in fact, muscle through these dark periods, replacing their drugs of choice with substitutes, like food, TV or us.

Recovering addicts will tell you that their insanity didn’t cease because they stopped getting high. Sobriety came as a result of a spiritual awakening, which came as a byproduct of working with other recovering addicts. Most will tell you that they could not do it on their own.

As for the clinically depressed, they, too, are often averse to asking for help. They are as stubborn as dogs and cats are about not wanting to swallow their medicine. “I don’t need a shrink,” they may say. “I just need [a better job; a better boyfriend; a vacation; or anything else that’s just over the rainbow]!”

Fellas, it’s not worth it! No matter how fun-loving these types are when they’re up, or how vulnerable they are when they’re down, the end result for us will always be heartbreak. Not to mention the strain on our livelihoods, including our own self-esteem and well-being.

Evil

The most insidious of these loser chicks are the evil ones. By evil, I mean sociopaths, with a sense of entitlement like the Grand Canyon and a conscience like a scorpion at the basin. They have no problem with lying, cheating, stealing and, sometimes, killing to claim our booty.

You may think I’m exaggerating about killing. I once went on a date with a woman who let me know that, whenever her boyfriends got out of line, she got her mobster uncle to “take care” of them. I laughed; she didn’t. She was deadly serious.

Fake Rabbit

Why do these women succeed in siphoning our nut? Because we let them. A beautiful woman hints that we might have a chance at having sex with her, and we’re off!–like greyhounds chasing a fake rabbit.

There is a simple test to determine whether or not the rabbit is real. However, it requires diligence on our part in valuing behavior over appearance.

What’s the first rule of gambling? Never bet more than you can afford to lose. Right? Okay… bad girls, like race tracks, rely on men not living by that rule. Before offering any woman more than a trifle of your time, energy, money or semen, ask yourself this question: What has she done to support my mission?

Mission Control

What is your mission? Simply put, it’s the activity or cause about which you are most passionate. It may be, but probably isn’t, your job. More likely, it’s what fuels your ability to endure a soul-deadening job.

Music, science, philosophy, politics, sports, travel–you name it. Hours pass unnoticed when we’re engaged in our mission. According to the great relationship teacher, Dr. Paul, it’s half of what makes us men.

The other half, of course, is our desire for women. But I would argue that our mission must take priority over our search for women; because a man without a mission is a diamond ring without a diamond. He may be able to attract women with the promise of a diamond. But he won’t be able to keep them interested for very long.

Bad girls, believe it or not, are not interested in these types of diamonds. They are too self-absorbed to recognize, let alone appreciate, any man’s defining qualities. Good women will not only recognize our diamond’s worth, they will also increase its value.

Test

We must keep our wits about us, when interacting with hot women. They are used to having their way with us. And so we must put them to the test, to differentiate the good from the bad. And we do that by remaining mindful of their intentions as we interact with them.

Remember, the question you should always have in the back of your mind is: What is she doing (or, has she done) to support my mission? At the start of a relationship, this usually takes the form of questions about the driving forces in your life.

If she’s a good woman (meaning, good for you) and she’s into you, then she will try to find out more about you than your source of income. She may inquire about your job, and she may very well not have gold digging motives in mind. But she will also ask about your hobbies, or recent vacations, or about what you wanted to be when you were a kid, or about your opinion on a current event. In short, she will show interest in (and approval for) you as a person.

On the contrary, if she demands that you buy her a drink, and then answers your questions while looking around the room, but doesn’t ask you a darn thing, then, no matter how hot or famous she is, she’s a bad girl (at least as far as you’re concerned). That’s not to say that good women won’t turn around, after showing that they believe in you, and play hard-to-get. But under no circumstances should you ever put up with, or continue to pursue, a woman who acts like a shrew without first cheering your mission!

Call To Action

And that brings me back to the boycott. You’re not doing anyone any favors by giving these delinquents access to your valuables; at least, not in the long run. They may be better off in the short run; the way that sweaty addicts are better off when you give them a fix. But how much better off are they, and society as a whole, when addicts are forced to mend their ways?

There are a few men out there for whom this isn’t even an issue. They see through wily females, as any adult might see through a child’s lies. But most of us acquire this kind of X-ray vision only after many misadventures.

I still, sometimes, get swept away by a woman’s physical beauty. When this happens, I use a simple affirmation, something that Forrest Gump might have said, to keep my head above water: Pretty is, as pretty does!

Financial Advice for College Graduates

It is always a good idea to invest in education. A college diploma opens up a lot of opportunities, but you have to know how to take advantage of them. Since you have spent most of your life in a safe environment (family, school), the real world may shock you. From now on you are responsible for all your actions and every mistake will cost you. It is important to learn how to be financially responsible, because the loans that you take when you are young will haunt you forever!

Save now, party later!

After graduation it’s time to get a job! Few have the luck of finding a job in their field that pays well in the first year. Chances are that you will work for some time on a low or medium paid job. But since you have been broke through college, the paycheck will seem like a fountain of wealth and you will be tempted to spend the money on unnecessary expenses. Although having a beer from time to time with your friends is OK, spending your entire monthly salary is not! You should try to save as little as you can.

Stay away from debt!

Unfortunately, very few finish college without any debt. College loans are the main cause graduates are in debt. Keeping debt under control is a must! Use a part of your paycheck to clear you debt little by little.

Credit card debt is a never-ending cycle and you should only borrow if you really need to buy something. Piling up interest rates just so that you can have nice things is not recommended.

Of course borrowing money is not all bad! Loans which you invest into something profitable are good because they return the investment and a profit! Don’t take loans to spend on fancy things. Instead, borrow and invest!

You need life insurance

Spending your own money is perfectly normal and it doesn’t hurt anyone. However, death is expensive and painful for your remaining family. A life insurance policy will give coverage for funeral costs and expenses. The death benefit will help your remaining family members to live a better life. It is recommended to buy life insurance when you are young, because you get cheaper premiums and higher coverage.

Graduation is a wonderful thing and the freedom you experience is something you should treasure. However, with freedom comes responsibilities and if you do not take your role of an adult seriously and make financial mistake, you can ruin your life before it even starts!

Best Stock Investment Strategy For Beginners

The best stock investment strategy for beginners focuses on stock funds as the best stock investment to keep it simple, and emphasizes investment strategy over stock picking. You don’t need to pick the best stock or even the best stock funds to do well if you have an investment strategy that keeps you out of trouble. Here’s how to keep it simple and make money, with less risk.

Funds that invest in stocks are often called equity funds and they come in two popular varieties: mutual funds and exchange traded funds (ETFs). You can best get started on your own in one of two different ways: by opening a mutual fund account with a major no-load fund company, or by opening a brokerage account with a discount broker. Either way, you can put the best stock investment strategy for beginners that I know of to work for you.

Earmark this account as your stock investment account. All of your money will be either in stocks (equity funds) or in cash in the form of a money market fund that is safe and pays interest in the form of dividends. The key to our best investment strategy is that you are never 100% invested in equity funds or stocks, and never 100% invested on the safe side. Instead, you pick your target allocation and stick with it. I’ll give you an example.

You don’t want to be too aggressive, so you pick 50% as your target allocation to stocks. This means that no matter what happens in the market, you will keep half of your money in equity funds and half in the safety of a money market fund earning interest. This is your investment strategy, and it takes the need to make micro decisions out of the picture. You have a plan and you intend to stick with it to avoid major mistakes and the major losses that can result from emotional decisions.

Now let’s take a look at how this simple investment strategy works to keep you out of trouble. Bad news hits the market and stocks go into a nose dive. What do you do? Since your equity funds will fall as well, if you fall below your 50% target you move money from your safe money market fund into equity funds. In other words, you buy stocks when they are getting cheaper. On the other hand, if stocks go to extremes on the up side, what do you do?

If your equity funds represent 60% or more of the total, you cut back to 50%. In other words, you take some money off of the table. How often should you move money back and forth? This best investment strategy is meant to be simple and not time consuming. When your asset allocation gets to 60-40 or 40-60, it’s definitely time to move money. If you want to be more active, use 55-45 or 45-55 as your guidelines.

This stock investment strategy makes the buy and sell decisions for you so you can relax. Consider the bear market of 2008 when the market fell by over 50% by March of 2009. Stocks then went up about 70% over the next 12 months. Did most investors make money? Quite the contrary. They made poor decisions because they got scared and lacked a sound investment strategy. With this simple plan, you would be doing just fine in 2010. Plus, there would be no reason to fear a market reversal, because you have an investment strategy.

It’s easy to move money back and forth between mutual funds, but be a bit careful. Don’t do it any more often then is necessary. Second, to keep the tax issue simple do this in an account that is tax deferred or tax qualified… like an IRA or 401k. You can roll your existing IRA into an IRA with a no-load mutual fund company. Then your buy and sell transactions are not reportable for income tax purposes.

Do not go into the stock investing game as a beginner trying to pick the best stock investment. You’ll never do it. Instead, go with a few equity funds, and include international equity funds as well. Then concentrate on the best stock investment strategy and sleep well at night.

A retired financial planner, James Leitz has an MBA (finance) and 35 years of investing experience. For 20 years he advised individual investors, working directly with them helping them to reach their financial goals.

Stock Investment Strategies

In the stock market, the best stock investment strategies are usually the ones that have been proven reliable over a period of time and the longer the better. Sadly, in the investment industry, there are numerous vendors that recommend investment strategies based on everything from planetary alignment to harmonic price patterns making the decision on which approach to use incredibly difficult not to mention frustrating for many investors. Combine that with countless TV shows, newsletters, and “professional” advice, it can be next to impossible to find a strategy to help you achieve your investment goals. Fortunately, there are a few key investment approaches that have withstood the test of time and most of the great investors throughout history have used on of these approaches to some degree or another and, now, so can you.

Decades ago, Benjamin Graham, wrote his book, “Security Analysis”, based on his experience with seeking out companies that were considered bargain stocks based on his analysis of a company’s intrinsic value which later became known as value investing. Value investing is predicated on finding companies that have a strong competitive advantage within their marketplace and a greater asset value than their current capitalization of their company. By taking total account of the outstanding shares of a company and then comparing it to the value of their listed assets minus their liabilities, then analyzing their competitive advantage in the market where they compete, Graham could find companies that were undervalued and promised a good return when taking into account their future prospects.

Graham not only succeeded in becoming an outstanding investor but he taught the method to a new generation of investors including Warren Buffett and Marty Whitman. Both Buffett and Whitman went on to manage billions of dollars of investment capital while achieving outsized returns far outpacing the stock market average using Graham’s approach, value investing. The success of Graham and his students – Buffett and Whitman – have gone on to inspire countless mutual fund managers and Wall Street professionals to follow value investing having proven itself one of the best investment strategies.

Growth investing is based on finding stocks that are offering a new product or service coupled with a competitive advantage in companies that are considered up-and-coming leaders in the stock market. These stocks quickly rise from start-ups with a small capitalization to growing rapidly which is reflected in their strong revenue growth, rising sales growth, and increasing quarter over quarter earnings. Examples of strong growth stocks in their day and age are companies like Home Depot, Walmart, Dell Computer, and Starbucks who started small while perfecting their business models and then once they established their footprint in their marketplace, took off like gangbusters with spectacular growth returning multiples of thousands of percent of return on money invested.

Trend-following is another investment strategy where a the study of fundamentals takes a back seat over price action itself and its direction. Trend-following has been made famous by hedge fund managers like Richard Dennis who was made famous for his Turtle Trading Project where he took a diverse group of people with different backgrounds and no trading experience, training them in the trend-following method, where they went on to become successful traders in their own right. Dennis became world-famous for his method of trend-following after story has it that he came to Wall Street with less than $200 and went on to roll that into over a $200 million fortune.

Many trend traders were also recognized and made famous after being featured in Jack Schwager’s book, “The Market Wizards”, widely regarded as his seminal work in the field of trading after having interviewed the best traders in the world to learn their approach to the market, including trend traders, Ed Seykota and Larry Hiite.

All of these best stock investment strategies can be used in combination of each other or have variations used to achieve investment success but it’s also critical that you adopt an investment strategy that suits your temperament and personal investment goals. While the strategies themselves work when applied properly, if you haven’t mastered the fundamentals as well as critical success factors such as effective entries, trade management, profit taking, position sizing, risk control, and more as well as the inner discipline to follow your trading plan, then even a winning system can product negative results if used by someone who is unable to summon the inner resources to apply the strategy in a discipline step-by-step manner.

Stock Market Tips And Investing

If you think that the Indian stock market is not meant for small players, you are wrong. As per a survey, the investors section not only include big corporates and wealthy individuals who invest in bulk but also small time investors encompassing homemakers, students, small time businessmen, and the list goes on. No matter whether you are investing big or small, what matters is the success aspect. If you play safe, your investment on Indian stocks will certainly yield you good returns; the vice versa can happen too. Here are a few stock market tips following which you can get some good returns from Indian stocks:

  • Stay updated with the ebb and flow of the Indian stock market; news portals or online brokerage firms will well serve your purpose. Your purchasing and selling decisions rest on the latest news; so, keep your eyes and ears open
  • Do not be influenced by rumors and do not blindly follow the stock market tips published at many an online platform
  • Do not be carried away by emotions. Investing in Indian stocks will mean either gaining or losing. Do control your emotions in both cases otherwise you will get diverted from your strategy and take the wrong turn
  • To choose Indian stocks that are potential, use investing tools such as fundamental analysis and stock technical analysis. Using the former, you will know beforehand about the rising and falling value of shares while using the latter, you can know whether the Indian stock market will be bearish or bullish. Research and use of investing tools will certainly help you choose lucrative
  • Do not be driven by the notion that stocks low in value will skyrocket very quickly; the vice versa can happen too; so, consider all pros and cons
  • Observe everything related to the Indian stock market so that you do not miss on anything.

Having a diversified investment portfolio is the order of the day in recent times. This way investors not only manage their risks but also see their money multiply faster than they have expected. Two other investment options worth mentioning are the commodity market and mutual funds of India.

The NMCE (National Multi Commodity Exchange) is the first state-of-the-art demutualised multi-commodity commodity exchange in India set up by public institutions. It was set up in response to a Press Note issued by the Government of India during May 1999. In the commodity market related to this exchange, you can trade in cash crops, food grains, plantations, spices, oil seeds, metals, bullion and more.

When it comes to investing in mutual funds, do consider investing through the systematic investment plan (SIP) options. If you have a good income and worried about tax paying, you may consider investing on tax-planning funds besides multi-cap and other mutual funds. There is a wealth of options available; do read mutual fund news regularly so that you take informed decisions.

Stock Investing Tips

There is a reason why trading can be so frustrating and this is because of the financial and economic nature of the world that we live in today. No matter how much groundwork you do on a daily basis, in the end of the day, because of risk and volatility, the market does not guarantee us a living, which means that there is no acuity that the stock we want will be available at the kinds of prices that we want them to be.

Sometimes, stock investing is a game where all you are doing is furiously clicking your mouse and picking up the phone to enter a trade, and all you can see before you is the market slipping before your fingers and the trade passing you by. Do not worry, this happens to everyone and anyone, even the most experienced of traders and you cannot avoid the reality of the situation. You can only hope to attain balance that the market will reward those who stick it out. Most of it is about understanding the analysis and being in tune with the market.

You use what information and talent you have to scan the market and fine tune the financial aspects to the point where you are 99% sure that the stock market is in the unique position to pay out. But what happens after hours of research is that you see the prices dip or rise beyond your expectation and what seems like real trading opportunities will be a rampant oasis. This can be annoying, but it can be a serious problem if we let things go on and we settle for the alternative. We need to be able to understand that there are some market situations which will deem technical analysis useless, or even simple fundamental analysis will not hold water within its situation.

A serious trader will know what to do, when to do it and with what tools. If something appears ineffective, especially in stock investing, you need to switch to something else, and it is this adaptability and refinement that separates the powerhouses of stock trading to those who are just in it for the small profit or even, horror of horrors, to break even. We should never pretend that anything we have will reveal the secrets of the market, it is always down to trial and error, gaining experience and having an intimate relationship with the market.

Then and only then can you marginalise the risk to such a degree that your day out at the market will be fruitful most of the time. Losses are part and parcel of trading, that is the whole point of the stock market and stock investing. Take it in your stride and most of all do not give up early in the game. If all traders had that attitude, the stock market would have crashed a long time ago and trading would be a nonexistent entity floating around in the dreams of investors and speculators all over the financial world.

Best Stock Market Tips

There is no disputing the fact that the stock market is a great creator of wealth and a great form of investment into the bargain. Over the years, the resilience of the market has proved that it is a viable and relatively reliable form of investment. This is because, while the market may have its ups and downs, it always recovers and continues to grow in leaps and bounds. In fact, it is hard to imagine big business without a thriving and vibrant market. There is a place for the big investor, the small investor and the medium scale investor. This is why people who want to invest in stocks need stock market tips.

For a start, the process of buying and selling stocks is not rocket science. It can be learned and understood by anybody who has the basic intelligence and the ability to apply that intelligence to matters of investment. Therefore, among other tips, people need to understand how the market in stocks really works. Understanding the market is the first step in benefiting from it.

First, it has to be pointed out that the stock market is predictable. It has a definite cycle and this cycle is always true to form. A boom is followed by a recession and a recession is followed by a boom. In close to a hundred years, this cycle has always remained the same. Therefore, when prices are low and pessimistic people are selling off their holdings, this is the right time to buy stocks. This is because the price will eventually rise again. When it does, those who were smart enough to buy stocks at low prices will smile all the way to be bank.

Another important clue is that certain stocks rise and fall at certain periods of the year. This may not always work with clock work precision but observant people will definitely notice a pattern. In this context, one example will suffice: Prices of oil company stocks rise during the writer months and fall during the summer months. A smart individual with this effective piece of knowledge will definitely use it to his or her advantage.

Another important tip is that the crowd may not always be right. Warren Buffett does not ever go with the crowd in making his decisions on which stock to buy or sell. The major thing is to apply economic indicators and other relevant information to buy or sell stocks. Again, it has to be said that the experts may not always know it all. Any smart person can become an expert on the behavior of stocks by constant practice and close observation.

One of the most effective market moves is the diversification of stock holdings. This serves to minimize risk and consolidate the investor’s portfolio. By investing in different industries, the investor’s holdings will have a form of hedge which will make the person almost loss-proof. These are best stock market tips for discerning investors.

Stock Trading Tips

You’ve probably realized that trading online is not nearly as easy as you thought it was. You’ve probably lost a lot of trades and even lost a lot of money with bad trades. The truth is that learning to trade is a pretty steep learning curve – one that often throws off 90% of those why try. With persistence however, you will start to “get it” and learn the ropes. I thought I’d share 3 of my most valuable stock trading tips with you to help you make more winning trades faster.

Out of all the stock trading tips that I’ve been given over the ears, bone helped me on a more practical level than these. Use them and use them well.

1. Volume

Always look at the volume of trading for any particular stock. Volume is an indication of how interested traders are in the stock. It’s also an indication of the flow of money. If people are buying and selling a stock, then it means money is flowing and you can get a piece of the action. With no volume, the stock is dead and your investment will be stagnant. You need that movement to make money trading.

2. Buying and Selling Stocks

Obviously the most important part of any trade since buying at a low price and selling at a high price is the basis of making money trading. The real catch is this: Always buy on weakness and sell on strength. When you buy on weakness, you are buying a bargain. You are buying an undervalued commodity. When the market sentiment returns and the perceived value returns you can sell it on strength and thus make a profit.

3. Moving Averages

Moving averages is a great indication of the direction a stock is moving in. Looking at moving averages for long term investments is common practice since the longer the period, the more reliable the moving average. For short term trading it is equally valid and by looking at moving averages over different time frames you can clearly see the direction a stock is likely to move in. Moving average crossovers is still one of the best ways to see buy and sell opportunities.

These 3 stock trading tips are also interconnected. The all affect each other. If there’s good volume, then you will also see a corresponding change in the moving averages. Volume will also indicate major selling or buying spurts for a particular stock which in turn will be reflected in the moving averages. Before you make your next trade, take some time to look at these 3 factors and always keep in mind that we trade according to the perceived value of a stock. Just these 3 factors can greatly increase your success with virtually any trade you make.

Mutual Funds Advice That You Need to Put Into Consideration

While investment in stocks, bonds and other types of securities seems to be the in thing today, there is need to seek for advice before putting your money into any of these investments. The oldest advice that has always been given is, not to put all your eggs in one basket. This tells you that, you need to diversify in the type of investment you choose to put your money into. Mutual funds provide you with such diversity because, they come in many categories and sub-categories.

Before buying any type of mutual fund, it is advisable to look at the ratings of the investments. Ratings in this case, refers to the performance that the investments have exhibited over years compared to other types. The Morning Star Rating is what is commonly used, but you are advised to look at other systems as well. The differences in the ratings will give you an idea of how well the investments are likely to perform in the future.

The other thing to look at is the performance which is closely linked to the rating. Do not be misled by the performance that covers the past few years. For the best report and reflection, have a comparison for as many years as you can. This will normally be given in figures and percentages. As you look at the performance of the funds themselves, be sure to also check the performance of the investors as well.

This calls for you to compare the returns of the mutual funds versus the returns of the investor in that investment. This is reflected in the investors decision to buy or sell the stocks depending on the performance of the investments. Other details that will direct you in your decision to invest or not are the ownership details and annual turnover rates. Big corporations are likely to have well-doing investments as compared to small ones.

Mutual Funds Advice

Investing in mutual funds is an activity that calls for mental alertness as well as the ability to make informed choices. For reliable results in the investment world, it is a wise thing to look for advice from other people who have been in the mutual funds industry for long. Learn from their strengths, weaknesses and opportunities as well. Mutual funds are a smart investment, but the results are only pleasing to the eye if you are keen enough to check out a few essential tips. To begin with, never invest in some securities whose definition you can not comprehensively understand.

In other words, first understand what they are, how they work and what their long and short-term investment goals are. Many people have gone ahead and invested in mutual funds with limited knowledge concerning the securities. For example, to think that they do not carry a high risk because they bring together many investors is a wrong notion to begin at. Be informed that, just like other investment securities, they carry their own share of risk and it is not always a guarantee that they will perform well.

To be successful in investing, begin by defining your own investment goals. This will help you not to swerve from the main goal to fit into the goals of the mutual funds. Your goals should be measurable and realistic, not forgetting that they should be time-bound. For example, if you are investing for the sake of retirement, be informed that there are some types of funds that will never help you realize such a goal, the reason being that, they are growth and not income oriented. Others charge high commissions such that, at the end of the investment period, you will find that you have paid out more in terms of charges and commissions, more than you have gained through returns on the investment.

Once you are sure that you understand what mutual funds are and what they are not, it is time to find out what other people have to say about them. This is best done through carrying out reviews, online or through the word of mouth. If you are not comfortable with online reviews, take a trip to your local library and get information from the books available. To make your research more worthwhile, talk to people around you. You never know, they may have an experience with them and may just have something to let you know. One other reliable source of information about mutual funds is the newspapers. These will give you current and always updated information, showing you what it is happening in the market at any given time. One more important thing, if you decide to buy your shares online, be very careful about the website or company you choose to invest with. Not every company is genuine about their dealings.