Posts Tagged ‘dad’

If my parent decides to open a mutual fund and then he dies,then how is the funds passed over?

I am 16 and my dad wants to open a mutual fund for the family,but what happens if he dies or something. How and who is the funds carried to. Do we need a will?A lawyer will be too much money. Will hais children have access to the funds?


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4 comments - What do you think?  Posted by admin - April 30, 2010 at 2:51 pm

Categories: Mutual Funds   Tags: , , ,

what exactly is a hedge fund and is it better than index funds?

my dad has a couple mil, but says hedge fund is a horrible idea because of high commissions, and he says that ironically index funds actually outperform these hedges

can someone translate that into english and explain the difference, which one is better, and if my dad is right?


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3 comments - What do you think?  Posted by admin - April 18, 2010 at 10:18 am

Categories: Small Cap Mutual Funds   Tags: , , , , ,