Scroll down to see a list of Internet sites that will provide an education about Retirement Planning.
Retirement accounts do not allow the owner to short stocks. As many experts say that we are in a secular bear market as we enter 2005 it is worth knowing about bear funds. These are mutual funds that are bought, not shorted, but they go up as the market goes down. Hence they can be added to retirement accounts to bring a return when the market drops. Some of the funds are leveraged so that they rise more than the market falls. Amongst the most popular bear funds are those by ProFunds, Rydex, and Potomac, http://www.profunds.com, http://www.rydexfunds.com/ and http://www.potomacfunds.com.
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http://www.invest1to1.com/ has articles that cover the basics, succession planning for small businesses, 401(k) rollovers, retirement plans for the self employed and estate planning.
Under the Planning section http://www.kiplinger.com/ has numerous articles on retirement planning.
“A Tour Through Retirement Plans” is available at http://www.investopedia.com.
http://www.elitetrader.com/ explains why the 401(K) is the retirement vehicle of choice for traders in its Trader Tax Center in its Training section.
http://www.retirement-4-u.com/ specializes in articles on, guess what, yes that’s right. But many of them are not on investment. They include articles on interviewing tips for the older job seeker, reverse mortgages, and several other topics.
http://www.pathtoinvesting.org/ has some short articles on retirement planning, tax strategies and the like.
There are many other sites that can assist with retirement planning including the sites of most brokers, financial planners, and money managers. To mention a few - http://www.americanexpress.com, http://www.bc.edu/centers/crr/, http://beginnersinvest.about.com, http://www.buyandhold.com, http://www.cornerstoneri.com, http://www.domini.com, http://www.fidelity.com, http://www.finpipe.com, http://www.finportfolio.com, http://www.firsthandfunds.com, http://www.fool.com, http://www.fremontfunds.com, http://www.tiaa-crefinstitute.org.
Morningstar’s http://www.mpower.com/ may be available for free through an employer but, if not, its Retirement Planner is available at http://moneycentral.msn.com.
http://www.stockcharts.com/ has ProFunds and Rydex carpets in its Market Carpet section, together with an explanation of market carpets.
http://www.rydexfunds.com/ has four funds that are of particular interest to stock market investors. They are the benchmark funds Nova – RYNVX – a bull fund, Ursa – RYURX – a bear fund, and OTC – RYOCX – a bull fund and Arktos – RYAIX – a bear fund. Experts, such as Bernie Schaeffer of Schaeffers Research at http://www.schaeffersresearch.com, use them frequently to assess the condition of the market. The bull to bear ratio of Nova/Ursa is used as an indicator for the overall market and OTC/Arktos is used to assess the technology sector. An increase in the assets in the bull funds indicates optimism, whereas an increase in assets in the bear funds indicates pessimism. Like most indicators extreme levels are contrary indicators. So when the bull to bear Nova/Ursa ratio reaches an extreme high we may expect the market to drop.
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