Summary: Mutual Funds (with Mark Biller) – Howard Dayton and Steve Moore welcome Mark Biller of Sound Mind Investing to discuss mutual funds and why they are so attractive to investors. Then they turn to questions from listeners (800-525-7000 or moneywise@compass1.org): "What are the pros and cons of fixed income annuities?" "I'm 77 years and have bailed out of the stock market - now where do I put my cash ?" "We have no retirement savings other than our farm - how do we start putting money aside?" (Mark recommended checking out a report on the SMI homepage, 'Counting Down to a Secure Retirement") "Please explain the difference between a traditional IRA and a Roth IRA." "Is it unwise to invest more than the employer match into a company retirement plan?" Mentioned on today's program were Howard's books, 'Free and Clear' and 'Money And Marriage God's Way' (also available on audio CD). Be sure to check out the Compass website for a complete listing of helpful resources and radio archives. Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!
