Popular Posts

Sunday, December 24, 2006

How To Check Up On Your Mutual Fund & 401(k)

To make sure your mutual fund manager has your best interests in mind, you can now check on the size of the fees, the corporate culture and the caliber of the fund trustees. For $135 a year, www.MorningStar.Com will research your funds and give then stewardship grades from A to F. The grades will you how well the fund manages your money with supporting commentary. You can also check your 401(k)funds too. If yoour company's investment provider receives low scores, you can show the results to your human resources rep and ask for a change. Poor money management costs you money.