Have you ever tried to pick funds in your 401(K), IRA, or other retirement accounts and become completely overwhelmed? If you have, do not worry, you are not alone. Picking the fund that is right for you amongst all of the choices that are available can definitely cause some stress and confusion. With that being said, saving for retirement is very important and most Americans are way behind on their retirement savings. To help I compiled a Word document listing of the 10 items to look at before investing in a particular mutual fund.
Remember this should be used a guide, as there are other things to look at when considering investing in a particular fund. Another great source that I have found to help with investing terminology is investopedia.com.
As always if you need assistance in choosing your retirement accounts, please seek out an investment professional. To help, I have blogged before about the questions you need to ask your investment professional to see if you feel comfortable investing with them.
As always you can find the list of 10 things to look for in a mutual fund along with our other financial resources in our free financial resources page.