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10 Commandments of Mutual Fund Investing
Oleh:
Musar, Richard C.
;
Thomas, Robert R.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 188 no. 2 (Aug. 1999)
,
page 20-26.
Topik:
mutual funds
;
commandments
;
mutual fund investing
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.9
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
To pick the winning horse in thoroughbred racing involves research into the record of the horse, trainer and jockey as well as into how the horse performs under different weather and track conditions. Even then, there is no guarantee of choosing a winner. When a CPA firm that offers financial planning takes on the task of helping clients identify specific stock mutual funds that meet their stated goals and objectives, careful research also is required - and a surer outcome hoped for. Instead of trying to pick the winner in a field of 12 horses, CPA s have to advise clients which of the more than 5,000 domestic equity funds will parallel the results of today's high - flying stock market. Bonds (and by extension bond funds) are clearly rated by Moody's or Standard & Poors, but equity mutual funds (like horses) involve more of a gamble. CPA s need to know how to handicap the race, evaluating stock funds to find the winners and weed out the losers. Fortunately, there are some proven methods CPA s can make use of to recognize high performers. By heeding the commandments that follow, CPA s can better judge which of the myriad funds available today will best meet a client's investment needs.
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