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Learning about funds. (Ask B.E.).


Q I'm a beginner investor, and I'm 25 years old. My current salary is in the $38,000 to $45,000 range, and I want to start investing as soon as possible. Where would a single female in these [economic] conditions find out how to purchase a mutual fund?

--E. Brundidge Atlanta

A Anyone interested in learning about the basics of mutual fund investing can find a wealth of information on the Internet. Almost all of the brokerage companies (Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
, etc.) and online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 companies (CSFB CSFB Credit Suisse First Boston
CSFB Cyclically Shifted Filter Bank
 Direct, BuyandHold.com, etc.)have information on purchasing mutual funds as well as offer mutual fund investment strategies.

To understand how to invest before you buy, take the time to visit several Websites. Begin at Mutual Funds Central (www.mutualfundscen tral.com/funddata/). The site is a great resource for research, mutual fund news, and mutual fund data that will help you become more comfortable with investing. You will find an area for mutual fund basics and a list of top mutual fund sites for beginning and savvy investors. Also, check out http://mutual funds.about.com/mbody.htm. Information on the many different types of mutual funds, glossaries, etc., are highlighted--in language that's easy to understand. Maxfunds (www.maxfunds.com/) deserves credit for its MAXuniversity which discusses the overall basics of investing and then delivers solid, easy-to-read lessons on how to invest in mutual funds.

Savvy mutual fund investors will find plenty of sites to tickle See Tcl/Tk and tickle packet.

(text, tool) Tickle - A text editor, file translator and TCL interpreter for the Macintosh.

Version 5.0v1. The text editor breaks the 32K limit (like MPW).
 their fancies on the list found at Mutual Fund Central, including www.fundsin teractive.com, www.morningstar.com, and www.fundalarm.com --M.S.S.

Mail your money management questions to Ask B.E., BLACK ENTERPRISE, 130 Fifth Ave., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10011, or send an e-mail to scottm@blackenterprise.com.
COPYRIGHT 2002 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:letters
Publication:Black Enterprise
Date:Feb 1, 2002
Words:297
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