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Hank Coleman
Hank is a freelance writer, entrepreneur, and professional in the government sector. He is also a personal finance writer who is currently studying for his Certified Financial Planning (CFP) credentials. He has a Bachelor's Degree in Business Administration and a Master's in Finance.

What are Closed-End vs Open-End Mutual Funds? Compare 4 Key Differences in Investing

By Hank Coleman

mutual funds certificateMutual funds gained popularity among the investing public in the 1980s and 1990s. They began as a way for large institutional investors to pool their money for a common purpose, and spread the risk of losses, inside a mutually owned fund, hence the name mutual fund. Now, mutual funds are a staple of most everyday Americans’ nest eggs and is considered a good way to diversify your retirement plan.

What you may not be aware of is that there are in fact various types of mutual funds. The two main ones are open-end and closed-end. Understanding the differences between them can help you broaden and strengthen your investment portfolio asset allocation based on your investment risk tolerance.

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When to Sell Stocks – 6 Questions to Ask Before Selling Your Shares

By Hank Coleman

Wall St. Sign in New York City You bought some stock on a whim a few years go. Maybe it was doing great for a while, or maybe it has been yo-yoing. Maybe you are so sick of looking at the stock that you think it is time to sell.

Before you pull the trigger on that sell order, there are a few things you should consider. Run down the 6 items on this checklist to see if you really should sell those shares of stock, or if you should consider holding onto them for a little while longer.

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Share Buyback And Repurchase Programs: The Benefits And Negatives

By Hank Coleman

New York Stock ExchangeNow that the economy is continuing its recovery, share buyback programs are quickly becoming all the rage once again with companies and investors. When a company has excess cash at the end of the day, there are only a few things that it can do with it. They can save it for a rainy day, invest in new property and equipment for the business, acquire another company, retire debt, issue a one-time special dividend to shareholders, or buy back shares of their stock on the open market. A “stock buyback program,” which can also be known as a “share repurchase program,” is when a company buys its shares back from current shareholders through the open stock market. Buyback programs can be seen as a signal that a company believes its shares are undervalued and is often viewed as an efficient way to put money back into its shareholders’ pockets.

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What Is A Bond Mutual Fund?

By Hank Coleman

What is a bond mutual fund?Most people now understand what a mutual fund is. Mutual funds combine shareholders’ money in a common pool to buy shares of stock in publicly traded companies. Mutual fund investing has become the cornerstone of most people’s investment portfolio and individual retirement accounts. In fact, over $10.9 billion is invested in mutual funds according to research conducted by the Investment Company Institute.

A bond mutual fund is exactly what the name implies. A bond mutual fund is designed for someone who wants to be primarily investing in bonds and other debt securities instead of stocks.

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One-Time Special Dividends: Are They a Bad Sign?

By Hank Coleman

Beware of companies issuing special dividendsMany companies in the S&P 500 index are flush with cash as they economy starts to make a comeback and retail customers return to stores. In fact, the S&P 500 companies have over $800 billion in cash and cash equivalents on their books, and the number continues to grow as companies focus on cost-cutting measures, free cash flow, and protecting themselves from more market turmoil. There is so much cash on the balance sheets of companies that many financial analysts think that investors may see a resurgence of special one-time dividends. But, investors should beware of companies issuing these special dividends. While they may sound great in theory, they may not be the greatest thing for investors.

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Should You Start Taking Your Social Security Benefits At Age 62 or Full Retirement Age?

By Hank Coleman

Social Security benefitsRetirees are eligible to accept Social Security withdrawals as early as age 62 instead of having to wait until the full retirement age of 67, but you will receive a reduced benefit every month. So, should you accept the reduced befit that goes along with an early retirement? There are a lot of factors that have to be considered in your own personal decision to take the Social Security payments early or delay them if possible.

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Understanding The Difference Between Cash Value and Replacement Cost of Insurance

By Hank Coleman

replacement cost vs cash value insuranceAs you’ll see in any insurance guide, there are many choices when it comes to choosing the best insurance policy and the features associated with those policies. When you are insuring something like property or real estate, one of the biggest decisions that you have to make is whether you want the insurance company to reimburse you for your potential loss based on its current cash value (Cash Value Insurance) or the amount it would cost to replace the asset (Replacement Cost Insurance). The replacement cost option may be more expensive, but sometimes it can be well worth the added expense.

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