I can answer most questions about mutual funds.
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M.B.A. in Finance & Investments from the Zicklin School of Business at Baruch College and a B.A. in Finance & Economics from the City University of New York - Baccalaureate Program.
Hi Lee, Exchanges within an IRA are not taxable events. If you are taking money out of a traditional IRA, there would be tax and possibly a penalty. Exchanges within a taxable account are taxable events
Hi Kenneth, First, there are no commissions on mutual funds. They are called sales charges (front end or back end). It would still be the same reply. The break even sales price is the price which
Hi Kenneth, 1. All you would need to do is take your sales proceeds (value of the position) and subtract your cost basis (purchases) and when you answer is zero, it is at the break even. 2. The annual
Hi Kenneth, Most people who invest in index funds would not take this approach. They would likely either invest in an S&P 500 Index Fund as well as small cap index fund or just go with a total equity
Dan, The assets of an ETF would be determined by supply and demand as well as pricing of its holdings. Retail investors buy and sell ETFs in the secondary market while institutional investors buy and