Retirement Investment Strategy
Investment Plan
401K- 10% of current annual salary ($5662)
Roth IRA- 11.67% of current annual salary ($6607.55)
Mutual Funds 1. ProFunds Biotechnology UltraSector Svc- I chose Profunds Biotechnology first of all because it’s in the health category and it has a five star morning star rating. . The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as one and one-half times (1.5x) the daily return of the Dow Jones U.S. BiotechnologySM Index. The health sector is growing and BIPSX has had 120.48% increase in stock price in the last five years. It is a no load fund. “The lead manager Hratch Najarian has been an associate portfolio manager with ProFund Advisors since 2004. Previously, he worked as a portfolio analyst for ProFund Advisors from 2003 to 2004, junior analyst from 2002 to 2003 and institutional client services representative from 2000 to 2002.” He is highly experienced. The fund has been up more years than it has been down. Some of its top holdings are; Amgen Inc., Gilead Sciences, Inc., Biogen Idec Inc and Celgene Corporation. Its P/E ratio (20.58) is higher than the average category P/E ratio (16.72). 2. MassMutual Select Growth Opportunities N- I chose this because it is a large growth fund and has a 5 star morning star rating. The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of U.S. companies. Its top holdings include Apple Inc., Visa Inc. and Google Inc. Its average P/E ratio (19.10%) is greater than its category average P/E ratio. It has been up 8 Years and down for just 2 years. “Frank M. Sands, Jr, CFA the lead manager has been Chief Investment Officer and Chief Executive Officer at Sands Capital Management since 2008. Mr. Sands, Jr. has previously held the positions of President, Director of Research and Senior Portfolio Manager with Sands Capital Management since joining Sands Capital Management in June 2000. Before joining Sands Capital Management, he was a Research Analyst, Portfolio Manager, and Principal at Fayez Sarofim & Co. from August 1994 to June 2000. Frank M. Sands, Jr. has earned the right to use the Chartered Financial Analyst designation.” The close price went from $8.00 per share to $8.52 in five months. 3. Fidelity Advisor Leveraged Co Stk I (FLVIX) – I chose FLVIX because it is a mid-cap blend fund and I wanted diversity. It has a 4 star morning star rating. Its top holdings include; LyondellBasell Industries NV Or, Service Corporation Internation and Comcast Corporation. It has been up for 9 years and down
12 June 2014 The Cell Cycle Interphase In this stage, the cell is preparing for the M Phase (Mitosis). The cell is continuously making RNA, producing protein, and growing. Interphase is broken into 4 parts: G0, G1, S, and G2. In G0, the cell leaves the cycle to stop its division. This period may be permanent, temporary or never happen at all. In G1, the cells grow and make RNA and protein. This phase is the midway between mitosis and the beginning of DNA replication. During G1, certain…
to student loan information, important loan messages, budgeting software, and financial literacy training. Visit Loanlook for more information.anlook is a Web-based tool provided by Ashford University to students at no cost to help manage all of a student’s loans through a single portal. Loanlook gives students easy access to student loan information, important loan messages, budgeting software, and financial literacy training. Visit Loanlook for more information.anlook is a Web-based tool provided…
What is Financial Literacy and why does it matter? It is widely believed that lack of financial literacy in our society was a major factor in the recent financial crisis. Financial literacy in today’s world is almost as important as learning to read and write and one could argue that a student’s credit history is far more important to his or her future than grade point average. Yet most students come to college ill-prepared to manage their money. What is financial literacy? Financial literacy is the…
later? “Financial literacy is low; fewer than one-third of young adults possess basic knowledge of interest rates, inflation and risk diversification” (Lusardi 358). I am not sure of another skill that is more necessary, more important to lives of adults than the fundamental understanding of basic finance as it relates to an individual’s personal balance sheet. Understanding that if the number in the expense column is larger than the number in the income column is a recipe for financial ruin.…
inclusivity and a better standard of living for the masses. Traditionally, financial inclusions is described as “ the delivery of financial services at affordable costs to vast sections of disadvantaged and low income groups “ Whereas this paper explores inclusion as a broader concept of financial planning and saving which makes it important to keep in mind that financial inclusion does not restrict itself to credit : it includes financial knowledge, about banks and banking channels; and the advantages…
3 Practice Important of Setting He had never been jealous of him for a second, now he knew that there was never any rivalry between them. He was not the same quality as him. couldn't state that he the other leading around the Most americans have tested in Financial Literacy Programs and have gotten low scores determined on what they remember and how they applied their knowledge. Sam L. Baker a professor at Loyola Law School has described that teens handling investments will never understand nor will they be able to keep up with such a quick pace…
Foundations for Financial Success Volume 1, Issue 1, March 3, 2011 TABLE CONTENTS OF What is financial literacy and why is it important? Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. More specifically, it refers to the set of skills and knowledge that allow an individual to make informed and effective decisions through their understanding of finances. Financial literacy involves a number of different…
Literacy Inequality Literacy disparity In the world there are huge disparities in literacy rates from country to country. Some states such as Mali are in a situation where under 30% of their citizens could read and write in 2008. This is compared to places like Canada where we have near 100% literacy amongst our people. “Literacy arouses hopes, not only in society as a whole but also in the individual who is striving for fulfilment, happiness and personal benefit by learning how to read…
richest cities in the world at the time. Kiyosaki, R. (2008). Increasing your financial IQ.pg 17, 19, 28, 177: Grand Central Publishing In pages 17-28 the author talks about how many people hope the government will solve their financial problems, then he goes into the five financial IQ’s which are making your money, protecting your money, budgeting your money, leveraging your money, and improving your financial IQ. On page 28 he explains the cash flow quadrant which is the four different types…
1113-25 10/1/14 What Literacy Means to Society Literacy is a term that describes an individual's ability to not only read and write, but also represents the ability to communicate and articulate thoughts and ideas effectively. By effectively doing so, the human race is able to thrive, live the "American Dream", and perpetuate a better life for its offspring. The concept of literacy means so much more than simply decoding the written word. In the most basic of forms, literacy is the lifeblood of…
