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Mutual Funds/Expert Profile
Expertise
I can answer detailed questions regarding mutual fund investing, retirement planning, education planning and related financial planning/investment issues. I have a B.S. degree in Financial Planning & Counseling. I am also a Certified Financial Planner practitioner and have performed fee only investment management and financial planning services for the past 11 years.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Kenneth | 11/07/11 | 10 | 10 | 10 | Thanks for the follow-up reply! |
| Kenneth | 11/07/11 | 10 | 10 | 10 | Thanks for the reply and answer! |
| Russell | 10/24/11 | 10 | 10 | 10 | Thank you for the prompt and clear ..... |
| pan | 08/20/11 | 10 | 10 | 10 | Hi John, I am very grateful that ..... |
| Miss Wilson | 07/20/11 | 10 | 10 | 10 | Very polite and knowledgeable person! Thank you ..... |
Recent Answers from John D Smith, CFP
2011-12-01 expense ratio:
Hi. Expenses ratios arent technically subtracted from your account. Instead, the performance you achieve from a fund is net of the internal expenses used to operate the management of the fund. So, if a
2011-11-05 Annual Returns:
Hi. The annual return calculation is a somewhat complicated one that can be determined using a financial calculator, however, the following manual calculation in this instance will also work: 1.053*1
2011-10-20 tax implications of transfer of mutual funds to surviving spouse:
Hi. Under US tax law there are no income tax consequences when you transfer in kind investment from one person to another. When the transfer occurs between married persons there is a step up in cost basis
2011-10-19 calculating interest:
Hi Fritz, Unfortunately your calulation is not entirely accurate. The reason being is that the average balance is not $78000. The accurate performance calculation needs to take into account the cash
2011-07-08 Mutual Funds:
Hi. No load means there is no sales commission charged for purchasing or buying the shares. Depending on where you buy and sell through there may be a trading fee, however, there is no commission paid
Answers by Expert:
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