]> http://www.loani.org/taxonomy/term/336/0 Auto generated by aggregator2 autotaxonomy en http://www.loani.org/node/14980 <p>Financial Newbiefilter: Should I sell this mutual fund I bought when I didn't know what I was doing? I've recently gotten my finances into a semblance of order. The one festering boil left on my finances is a managed mutual fund I bought five years ago (as of May) when I had a certificate of deposit come due and got strong-armed by a fund salesman masquerading as a financial planner at my banks. I'd like to get the money out of this dog of a fund and into an index fund of some kind, but the tax implications are making my head hurt. I've had the fund for five years. In that case a sale would be taxed as a long-term capital gain, correct? Is there any way to further reduce my tax liability if I'm immediately reinvesting the proceeds from the sale in a different fund?</p> Finance finance help mutualfund taxes Thu, 02 Aug 2007 05:37:15 +0000 http://www.loani.org/my_money_hurts <p>Financial Newbiefilter: Should I sell this mutual fund I bought when I didn't know what I was doing? I've recently gotten my finances into a semblance of order. The one festering boil left on my finances is a managed mutual fund I bought five years ago (as of May) when I had a certificate of deposit come due and got strong-armed by a fund salesman masquerading as a financial planner at my banks. I'd like to get the money out of this dog of a fund and into an index fund of some kind, but the tax implications are making my head hurt. I've had the fund for five years. In that case a sale would be taxed as a long-term capital gain, correct? Is there any way to further reduce my tax liability if I'm immediately reinvesting the proceeds from the sale in a different fund?</p> Finance finance help mutualfund taxes Thu, 02 Aug 2007 05:37:15 +0000 http://www.loani.org/you_take_the_high_load_ill_take_the_low_load <p>My 401k retirement plan through the company I work for is managed by Fidelity Investments. I have read recently that a "high-load" mutual fund will often return poorer yields than a "low-load" or "no-load" mutual fund. How do I find out if my plan is high-load, low-load, or no-load?</p> Finance 401k finance investment money mutualfund Tue, 15 May 2007 18:38:49 +0000 http://www.loani.org/investment_options_for_the_young_and_the_restless <p>A friend needs to find a good place to park some money that will ultimately be used for house down-payment purposes. Help me come up with a few good investment options. My friend has around $100k sitting in a low-yield savings account. It pains me to see the cash left there when better options are legion. Key points: the money will be invested for around 1-3 years. I think one or two good mutual funds would be a reasonable choice, but am not really an investor myself so I don't have specific funds or fund families to which I can point my friend. Other options are welcome, of course, provided they are relatively conservative and are low-maintenance (i.e. they do not require active monthly monitoring; keep in mind that my friend is relatively young and is not an experienced investor).</p> Finance cash finance financial investing investment money mutualfund Fri, 26 Jan 2007 19:03:37 +0000