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The ABCs of Mutual Fund Fees

If you own any mutual funds you may have noticed that some funds have an innocuous letter such as an A, B, or C appended to the end of their name while certain other funds sport names that are free of such suffixes. If you purchase fund shares directly from the fund itself rather than through a salesperson, you neatly sidestep any commissions that might otherwise apply.

Tags: Mutual Funds
The Myth of Buying Life Insurance Young

A number of dubious marketing efforts swirl around cash value life insurance (CVLI) which includes most any type of life insurance that doubles as an investment. I previously addressed the fact that CVLI is often marketed as being permanent in nature despite the fact that the insurance component associated with most CVLI policies tends to decline or even vanish over time and that many people have no need for permanent insurance in the first place.

Tags: life insurance (CVLI)
The Myth of Permanent Life Insurance

A number of dubious marketing claims swirl around cash value life insurance (CVLI) which includes most any type of life insurance that doubles as an investment. One particularly specious claim is that CVLI is somehow permanent in nature versus term insurance which is temporary. This claim is insidious on a couple of counts.

Tags: life insurance (CVLI)