To manage wealth appropriately, sometimes it may be necessary to have a single team dedicated to just your wealth management. This may be scary but it is actually a real practice to have what is called a family office, which can often be found in a family office network, to manage your wealth. This means that you should have at least 1 million dollars to manage, and is a way to have a team that you trust to manage your wealth. There are many family office conferences where you can learn more. U.S. Postal Service Change of Address Joseph J Tramontana is from Hamilton New Jersey and served as a Business Administrator. He is well regarded as an excellent Finance Officer. millionaireblueprintconsumerreview Are you looking for "gold dealers"? Check out buy-gold The passionate experts in this field are ready to answer all of your requests.

Why Hot Mutual Funds Won’t Stay That Way

1:23 PM  Pisstol Aer   Labels: , ,


“Any investor who's read the fine print of his or her mutual fund prospectus is familiar with the phrase "past performance is no guarantee of future results," or something to that effect. Of course, very few investors ever actually read the fine print, but a recent report from the ratings agency Standard & Poor's makes a strong case they ought to.”
“The "Persistence Scorecard" is published twice a year by S&P Dow Jones Indices. It tracks the consistency of the top performing, actively managed U.S. mutual funds. Index and sector funds are not included in the sample.” Several findings in particular stand out from the most recent edition of the scorecard, released last month. The details should be enough to convince even the most loyal and diehard investors that it's time to give up actively managed mutual funds and make the switch to passive, market-matching index funds:
  • Less than four percent of the 687 funds studied from March 2012 through March 2014 managed to stay in the top quartile of performers. Only 18.66 percent of 1,372 funds studied for the same time period stayed in the top half.
  • Out of 715 funds studied from March 2010 through March 2014, only 0.28 percent stayed in the top quartile of performers. Only 4.47 percent out of 1,431 funds studied for the same time period stayed in the top half.
“In other words, even when actively managed funds perform extremely well, they’re not likely to sustain that performance for an extended period of time.” Directly quoted from John Grgurich, The Fiscal Times.  Read more at: http://www.thefiscaltimes.com/Articles/2014/08/19/Why-Your-Hot-Mutual-Fund-Probably-Won-t-Stay-Way
Share on :
Why Hot Mutual Funds Won’t Stay That Way
Why Hot Mutual Funds Won’t Stay That Way
Reviewed by Pisstol Aer
Published :
Rating : 4.5