Types of Mutual Funds

There are basically three broad categories of mutual funds: those whose goal is to provide immediate income, those oriented toward long-term growth or capital appreciation, and those offering both. The individual fund's objective will be stated at the beginning of its prospectus.
 
 

Definition of Money Market Accounts and Mutual Funds

Money market accounts (MMAs) are bank savings accounts that generally pay a higher rate of return than regular savings accounts. They're insured by the Federal Deposit Insurance Corporation (FDIC) for up to $100,000 ($200,000 for joint accounts) per financial institution. In exchange for the higher interest rate, you have somewhat limited access to your money with this type of account.
 
 

Mutual Funds 101

A mutual fund is a single portfolio of stocks, bonds, and/or cash that is managed by an investment company on behalf of many investors. Every mutual fund has a manager, also known as an investment adviser, who directs the fund's investments according to the fund's objective.
 
 

Types of Money Market Accounts and Mutual Funds

There are two general types of money market funds: taxable and tax-free. In a taxable money fund, any income that you earn is subject to federal, state and local taxation. Income from a tax-free fund is exempt from federal taxes, and may also be exempt from state and local taxation as well.
 
 

Metals, Resources & Collectibles

Natural resources (of which precious metals are necessarily a part) include such items as food staples, oil, and water (and for investment considerations the companies and facilities that produce and distribute them). These commodities generally tend to perform well as investments regardless of whether economic conditions are strong or weak. Because of the consumable nature of such items, they'll always be in high demand.
 
 

Selecting a Gold Firm

Gold bullion should primarily be viewed as a portfolio hedge and insurance against various economic and financial uncertainties first, before being regarded as a profit-generating investment. Finding a highly professional gold firm - one that doesn't have its own agenda - can greatly help you to determine the gold products that are best for your portfolio.
 
 

Numismatics: Is it for you?

Numismatics is the study and collection money, coins and medals. For our particular purposes today, we're going to focus on the area of old and rare coins. Coin collecting has evolved well beyond the simple accumulation of old and interesting currency. Numismatics has become a popular pursuit among well-to-do investors, similar to collecting fine oil paintings, antiques and gemstones.
 
 

Gold and Silver as Mediums of Exchange

In most circumstances (including an economic breakdown) gold owners would sell their gold for the currency in use at the time through a gold exchange service, and then use that currency at the store or other marketplace to buy whatever they need. However, some economists hold the view that in a total financial collapse with no reliable currency available, citizens would resort to hand-to-hand barter transactions wherein gold would be used directly as the medium of exchange.
 
 

Gold Bullion: Coins

Generally, gold bullion coins present a very stable market for investors. They can be bought and sold virtually anywhere in the world. However, contrary to the common sight of people lusting after bars of gold on the silver screen, most real-world investors buy 1-ounce bullion coins.
 
 

Beware of Gold Scams

The best scams, by their very nature, are likely to seem to be good ideas, great opportunities, and pushed by exceedingly polished and professional-looking and sounding individuals.
 
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