Expert Retirement and Financial Advisor Mark Kinney Says Stocks and Mutual Funds Have Varying Risks and Profits
Seasoned retirement and financial strategist, Mark Kinney, discusses the advantages and disadvantages investing in individual stocks and mutual funds.
Lee, Massachusetts—July 14, 2016—Founding partner of Toole, Kinney & Company, Inc., Mark Kinney, CFP®, published a new article entitled, “Stocks vs. Mutual Funds?” In the article, he encourages readers to understand the different investment strategies that stocks and mutual funds require so that they can make more informed financial decisions before committing capital.
Mark writes, “Distributing risk across a variety of markets and industries is one of the great strengths of mutual fund investing. By utilizing a fund, an investor can immediately diversify their investment exposure regardless of dollar amount. Additionally, mutual funds can be considered a form of passive investment. Rather than being saddled with the burden of monitoring each individual security in your portfolio, you’re able to transfer that responsibility to the fund manager… in exchange for a small fee of course. That being said, mutual funds are ideal for beginning investors looking to get their feet wet or for those who would like to take a more ‘hands-off’ approach to investing.”
The entire article can be found HERE. https://www.kinneywealth.com/stocks-vs-mutual-funds/
About Mark Kinney
Mark D. Kinney, CFP®, has been advising clients for close to 30 years on how to maximize their retirement income in a sustainable, repeatable, and verifiable manner, while minimizing risk exposure to the daily turbulent financial markets. His keen insights into conservative and income generating investment options have been invaluable to those approaching or currently in retirement. In addition to his decades of experience and financial know-how, he held Series 7 and 63 FINRA Securities registrations for over 25 years, holds several insurance licenses, and has held the Certified Financial Planner ™ (CFP®) designation in good standing for 20 years.
After successful careers with a number of reputable financial institutions, Kinney established Toole, Kinney, & Co., Inc., in 1999. Kinney has been cited on such national news outlets and financial publications as CNN.com, Fox Business, NBC, Wall Street Select, and The Miami Herald. He remains active in several area charities, has participated in several marathons, including the Boston Marathon in 2013 and 2014, enjoys all activities outdoors, and currently lives in Stockbridge, Massachusetts.