Choosing A Fund

For years I have been saying you must have a fund that is outperforming the S&P500 Index. Well, I've changed my mind. Now I think your fund should be outperforming the NASDAQ Composite Index. So far this year, March 30, the S&P is up 1.3% and the NASDAQ Composite is up 9.5 %.

Have you checked your mutual funds for their performance so far this year? I don't know how important your money is to you, but it is important enough for me to check out my funds at the end of each month. I live off that income. Some day you may be doing the same so now is the time to start tracking those returns.

For almost the last 20 years I have bought nothing but no-load mutual funds. There is absolutely no correlation that a fund performs better if you pay commissions. The only one who profits here is the broker, not you. In fact with an 8 1/2% front-end load you actually start 9 1/4% in the hole. Many no-load funds can be purchased at discount brokers for no commission at all. The call these NTF funds - No Transaction Fees. This is a great bargain that every investor should take advantage of.

One of the things I have been preaching for years and I have not changed my mind about this is the funds you own should be the best performers available. My definition of best performer is that you should only buy a no-load fund that has the greatest increase in NAV (Net Asset Value) for the past 6 or 12 months. Your broker is definitely not going to tell you about these. You can find them yourself .

Look in Mutual Fund Section of Investor's Business Daily newspaper. Usually about once a week they publish a list of 25 mutual funds with their performance record for the past 6 or 12 months. If you are going use this indicator then buy the top one, two or three and only check them out once each month to see that they remain on the list. If your fund drops below 15th or 20th or completely out of the list you will then sell it and buy the fund that is at the top.

If you have a computer you may check out www.smartmoney.com as they list the top 25 performing funds. I would not buy one unless it has been on the market for at least a year. You may use the same sell strategy as the IBD above.

In real estate the smart strategy is to buy right. In the stock market the smart strategy is to sell right. If you follow this plan during a bull market you will make 2 or 3 times the increase of the S&P or NASDAQ Composite.

If you are willing to look at your mutual funds once each month for about 10 minutes you will be able to outperform 99% of the returns of financial planners, brokers or bankers. Is it worth it to choose your own funds? You have to answer that.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

tidy up service Glenview ..

In The News:

Essential phone settings to enable before losing your device, including Find My network, location services and security features for iPhone and Android.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Cybersecurity research shows weak passwords remain a major threat, with simple patterns and number sequences putting millions of accounts at risk.

New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.

FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.

New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.

OpenTable now uses AI to track your dining habits and share insights with restaurants. Learn what data they collect and how to protect your privacy.

Google's discontinued Nest thermostats still secretly upload home data to company servers despite losing smart features, raising serious privacy concerns.

New Android malware NGate steals NFC payment codes in real-time, allowing criminals to withdraw cash from ATMs without your card. Learn protection tips.

DoorDash confirms data breach exposing customer names, emails, addresses after social engineering attack. Learn how to protect yourself from scams.

Concerned about Google's AI scanning your Gmail? Learn how to disable Gemini features that access your emails, Drive files and Chat messages for privacy.

Google warns Android users about dangerous fake VPN apps hiding malware that steals passwords, banking details and personal data from phones and tablets.

Apple's digital passport feature lets iPhone users breeze through TSA checkpoints this holiday season using Digital ID technology at 250+ airports.

A new phishing scam targets family photos with fake "Cloud Storage Full" alerts. Criminals steal credit card information through fake sites. Learn protection tips.

South Korean scientists create ultra-thin fabric muscles that turn clothes into robotic assistants, lifting 33 pounds while weighing under half an ounce.

Archer Aviation has acquired Hawthorne Airport for $126M to launch an LA air taxi network ahead of the 2028 Olympics, featuring AI-powered eVTOL operations and next-gen aviation tech.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Fake AI apps disguised as "ChatGPT" and "DALL·E" are flooding app stores with dangerous malware that steals data and monitors users without detection.

Fake buyers demand specific vehicle reports from unknown sites to steal credit card information from car sellers, but warning signs can help identify these scams before paying.

Android users can now manage apps across multiple devices more easily with Google Play Store's updated remote uninstall button in the latest update.

NASA's Perseverance rover discovers shiny metallic rock on Mars that could be a meteorite from an ancient asteroid, containing high levels of iron and nickel.

Holiday scams spike during Black Friday and Cyber Monday as criminals exploit your leaked personal data. Learn how to protect yourself from fake stores and phishing.

Commerce Department proposes TP-Link router ban over Chinese security risks. Learn how this potential prohibition could affect your home network and devices.

Hyundai AutoEver America suffered a data breach affecting 2,000 current and former employees, exposing names, Social Security numbers and driver's license information.

Washington court rules automated license plate reader images are public records, even when stored by vendors like Flock Safety, setting precedent for transparency.

Choosing A Fund

Stocks & Mutual Fund