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What Is a Mutual Fund?

The best thing about a good retirement plan like the one offered to employees of Johns Hopkins University is that we have a large number of ways in which we can invest our retirement money. But...

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What Is an ETF?

In a previous post, I discussed what a mutual fund is. Today’s post describes another financial instrument, the ETF. ETF stands for Exchange Traded Fund. An ETF is very much like an index mutual fund,...

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Dollar Cost Averaging

It sounds almost too obvious. Investment advisers tell you to buy low and sell high. So what’s the trick? The principle is that you should buy investments at a low price. When those investments rise in...

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