If you’re one of some 60 million Americans, your employer likely offers a mutual fund sampler in your 401(k) plan and leaves you to forage for the tastiest selection — one that’ll presumably please your financial palate for years to come.
If a 401(k) plan were just a box of chocolates, you could get a pin and start jabbing away at those bonbons until you found your absolute best choice.
If it were only that easy.… But now BetterInvesting is about to provide you with a pin, metaphorically speaking, in the form of a free, four-part webinar series on mutual fund investing beginning April 18. And digesting it won’t even pack on the calories!
The sessions are held on Thursdays from 8:30 to 9:30 p.m., EDT.
Getting Started: An Introduction to Mutual Funds: April 18
Join Kamie Zaracki, CEO of BetterInvesting, and Doug Gerlach, editor of The Mutual Fund Informer, as they introduce you to mutual fund basics. This session will cover the fundamental concepts of mutual fund investing, whether it’s for your retirement account or other mutual fund investment. You’ll learn what a mutual fund is, advantages and disadvantages of mutual fund ownership, the types of mutual funds available, how they work and a sample portfolio. The foundation will be laid for the subsequent sessions in the series.
Making Money With Mutual Funds: April 25
Dennis Genord, director of education and chapter relations of BetterInvesting, introduces you to BetterInvesting’s approach to mutual fund selection. Whether you’re investing in mutual funds on your own or in a company-sponsored retirement plan, stock mutual funds are the drivers of growth in a fund portfolio. This class takes you step by step through BetterInvesting’s mutual fund selection process using BetterInvesting’s online mutual fund selection tools. Dennis will demonstrate how to identify stock mutual funds that will meet your investment portfolio objectives and make you money.
Exchange Traded Funds (ETFs) — The Hottest New Investment: May 2
Allen Holdsworth, president of the BetterInvesting Volunteer Advisory Board and a retired broker/financial planner, introduces you to the world of exchange-traded funds (ETFs). Allen will describe what ETFs are, how they work and how they can be used by individuals as well as investment clubs. You’ll learn about the different types of ETFs and the pros and cons of these investments.
Bond Funds in Your Retirement Accounts: May 9
Christi Powell, a director of the Heart of Oklahoma Chapter and Certified Financial Planner, will show you how to evaluate bond funds and use them in your retirement accounts. What’s available in mutual funds, closed-end funds and exchange-traded funds to use? What are the risks of bond funds and how should you deal with them? How do they fit in your overall cash flow and financial planning?
BetterInvesting is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was born out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at http://www.betterinvesting.org/investing/landing/openhouse/blog/index.html or call toll free (877) 275-6242.