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- 1. Caveat OFW – Scammers at the Gates, Part 1
- 2. The Tale of the Oilman and How Herds Trash Reason
- 3. Why We Should Beware of “Proprietary Strategy”
- 4. The Four Telling Signs of Lack of Investment Literacy
- 5. The US Anti-Outsourcing Bill and Its Possible Impact on OFWs
- 6. The Good Luck Charm That I Know
- 7. When Humans Bend Credit Rules, Ghosts Appear and Darkness Looms
- 8. Is Franchising the Road to Entrepreneurial Success
- 9. Are You Ready to Invest in Mutual Funds
- 10. The Three “Musts” of an OFW Bank
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Monthly Archives: June 2011
Having established the reasons why we need to learn something about mutual funds and having laid down a simple definition in the last post, it looks incumbent upon us now to explain the bare bones or basics of what it is.
This post will therefore be like a simple tutorial. We will try to elaborate on the concept, see how mutual funds make money for the investor, dwell on the advantages and the disadvantages thereof, briefly touch the types of mutual funds and then finally make a quick summing up. We try to keep this as simple as possible.
For this post, we take an initial dip into the realm of something they call mutual funds. Just an initial dip, I should emphasize – something brief enough for a blog post like this. And hopefully, substantial enough to whet our appetites for a future possible all-out plunge on the pool of this potentially exciting subject.
“If you fail, then learn your lesson and try again. And again. And again until you succeed.”
That is our penultimate line in the last post entitled “ Is Franchising the Road to Entrepreneurial Success”. This post now therefore hopes to pick up where we left off, and elaborate on such line.
Well, although practically everybody has experienced failure at one time or another, the fact is that we earthlings still can’t help feeling bad or shaking out that terrible feeling of failure once it happens. In computer parlance, we are “hardwired” to feel bad when we get thwarted with our desired outcomes.
This post is not meant to dwell much about success or failure in other endeavors. There is a deluge of literature about success and how to handle failure in life and we certainly do not want to add to such oversupply.