Mike Kennedy - Articles

Compare Mutual Funds With These Key Statistics

Comparing mutual funds is fairly simple when you have a good understanding of the key statistics and know how to employ them effectively. Use the key statistics presented in this article to select the best mutual funds for your portfolio. Read

By: Mike Kennedy | 16/04/2008 | Investing

Terminal Wealth Dispersion, Life Expectancy and Individual Retirement Accounts

The need to hedge the risks of the uncertainties represented by terminal wealth dispersion and variable life expectancies place an onerous burden on individuals who no longer benefit from the pooling of these risks in traditional pension plans. Individuals who must save for retirement in one of the various forms of individual retirement accounts must set a very high goal to form an effective hedge against these two risks. This results in over-saving and a high level of forgone consumption. Read

By: Mike Kennedy | 11/04/2008 | Investing

Your Investment Universe Defines the Limits of Your Portfolio's Diversification

An investment universe is the set of asset classes from which an investor selects assets to construct a portfolio. The broader the investment universe, the greater the degree of diversification achievable and the lower the total risk of the portfolio. Read

By: Mike Kennedy | 24/03/2008 | Investing

Investment Diversification With Mutual Funds

Mutual funds provide individuals with the means of constructing well-diversified investment portfolios and thus enjoying the same benefits of diversification that wealthy individuals and institutional investors have long enjoyed. Diversification sets the stage for individual investors to craft a portfolio of mutual funds that can maximize returns for the level of risk that is consistent with their risk profiles. Read

By: Mike Kennedy | 02/02/2008 | Investing