With fewer assets, funds that were previously shut are now clamoring for your business.
From Kiplinger’s Personal Finance:
Investors are once again investing, and that means they’ve rediscovered stock funds. After pulling some $285 billion out of stock funds from November 2007 through March 2009, they added $42 billion from April through June. This kind of behavior isn’t surprising.
A donor-advised fund offers tax advantages. But a family foundation lets you call all the shots.
From Kiplinger’s Personal Finance:
Irving Kempner, the son of Holocaust survivors liberated by the U.S. Army, shows gratitude for his good fortune by giving to the American Jewish Committee, the U.S. Holocaust Memorial Museum and other charitable causes. When Kempner, a 59-year-old retired corporate executive (he was a vice-president of Gillette and chief executive of LoJack, the car-security company), makes grants, he does so through the Kempner Family Foundation.
Diversify your portfolio with these funds that don’t move in tandem with the stock market.
From Kiplinger.com:
Diversification got a black eye during the 2007-09 bear market. About the only things that made money during the downturn were Treasury bonds and cash (money-market funds, CDs and the like). Just about every other kind of investment was demolished.
This is the portfolio of Thomas M. Anderson. He is a journalist who is passionate about telling great business stories. He is an associate editor at Kiplinger's Personal Finance. He specializes in writing about retirement planning and investing.
This is the portfolio of Thomas M. Anderson. He is a journalist who is passionate about telling great business stories. He is an associate editor at Kiplinger's Personal Finance. He specializes in writing about retirement planning and investing.