I received a negative long term gain distribution from a mutual fund and it reduced the cash in my cash account. Is this right? If I had no cash in my account what would happen? I also received a positive long term gain distribution from the same investment, although of a smaller [...]
Posts Tagged ‘Account’
Negative (loss) Long Term Gain Distribution reduces brokerage cash account?
Posted by admin on May 15th, 2011
Posted in Mutual Funds News 
Tags: Account, Brokerage, cash, distribution, gain, Long, loss, negative, reduces, Term 
1 Comment »What are the benefits of a traditional IRA vs. an individual Mutual Fund Account?
Posted by admin on May 15th, 2011
I am not eligible to contribute to a Roth IRA,
What incentive do I have to invest after tax money into an IRA (where the withdrawl age is 59 1/2 yrs old)? Wouldn’t it be better to just invest in mutual funds where I can withdrawl the money at any time?
- Thanks
Posted in Mutual Funds News Tags: Account, Benefits, Fund, Individual, Mutual, Traditional 2 Comments »What’s the difference between mutual funds and a brokerage account?
Posted by admin on May 12th, 2011
thank you all for the informative and helpful responses!
Posted in Mutual Funds News Tags: Account, Between, Brokerage, Difference, Funds, Mutual, What'S 3 Comments »How do Merrill Lynch brokers get paid if your account holds mutual funds?
Posted by admin on May 11th, 2011
Do they get a cut of the front load or deferred load on the fund? I thought the fund company got that money.
Posted in Mutual Funds News Tags: Account, Brokers, Funds, holds, Lynch, Merrill, Mutual, Paid 3 Comments »What’s the best type of savings account?
Posted by admin on May 7th, 2011
Ok, my fiance and I are trying to save some money to buy a house. I am totally clueless as to what is the best way to save. I’ve heard maybe a money market account, or mutual funds… I’m not really sure what this stuff is. Does anyone have any good advice on what accounts [...]
Do I need to be an Executor to close a checking account?
Posted by admin on May 3rd, 2011
My father passed away recentlya and did not have “an estate”…no house, cd’s, mutual funds etc. All he had was a checking account with a very low balance. The bank will not allow me to close the account because dad didn’t have an executor or a will. All I had was a [...]
Referring to mutual funds, what is an account builder/ automatic account builder?
Posted by admin on May 2nd, 2011
Posted in Mutual Funds News Tags: Account, Automatic, Builder, Funds, Mutual, Referring 2 Comments »Can I leave $1 in my Roth IRA account to avoid a closing fee? Can I jack the man?
Posted by admin on May 1st, 2011
Basically, I have a Roth IRA with a financial services company, Raymond James. I am moving out of their mutual funds and taking it to a lower-cost self-directed service because I’m simply better at picking positions than their mutual fund manages. I was leveraged in some stocks that have tumbled and am still [...]
I want to start some type of an account for my five year old son to have when he gets older. What kind is best
Posted by admin on April 30th, 2011
Should I invest in a mutual fund or should I buy bonds or just a plain old savings account? I would like for him to have a good amount of money for him by the time he turns 18. I would invest at least $50-$100 or more monthly.
How much do you need to open an account?
Posted by admin on April 20th, 2011
How much do you need to open an investment account for stocks, mutual funds, bonds, and etc. Thanks.
I just opened my Vanguard ROTH IRA, why does my account say I have $0 in balance?
Posted by admin on April 20th, 2011
I just moved my $3000 from my local bank to Vanguard.
1) Do I have to wait on Monday?
2)When do I begin investing?
3) I am 18 year old, gearing toward retirement age, however, I picked Vanguard mutual fund because I am not ready to invest in a particular fund yet. Will I receive assistance on [...]
What is the best kind of account to save money?
Posted by admin on April 20th, 2011
I dont know much about money market mutual funds but I heard they were great to save money, cd accounts are supposed to be good as well as regular savings account. I dont want to invest in stock or anything (since I know nothing about stocks) so I want to know what type of accounts/investments [...]
What is better to save money in a high interest account like ING or invest in a Mutual Fund?
Posted by admin on April 19th, 2011
Is saving money every month of 400$ better than too invest that same amount into a mutual fund? what would have the higher return?
Will my mutual fund account be liquidated if it falls below the minimum investment?
Posted by admin on April 13th, 2011
I’m looking at Vanguard funds. In the prospectus under “low balance accounts” it says that if a fund account falls below the minimum investment for any reason including market fluctuation, they reserve the right to liquidate it. Does this happen often in practice? Will they close my account if it falls (or if I withdraw [...]
Posted in Mutual Funds News Tags: Account, below, falls, Fund, Investment, liquidated, minimum, Mutual 3 Comments »What do you think about moving out “cash balance” money from company Pension account to an IRA rollover?
Posted by admin on April 10th, 2011
I’m 51 years old, recently retired and has $159K in cash balance account that our pension plan credits with 5% interest credit/year.
I’m assuming on an average year, the stock/mutual funds/ETFs will probably generate between 5% and 10%/year. This $159K present value will give me about $2,358/month for life at age 65.
Will it better to [...]