5 Extreme Makeovers: See how MONEY Magazine used smart mutual-fund strategies to fix the portfolios of five families – each with different problems and goals.
The Budds
Eric and Juanita Budd never thought much about savings and were nervous investors. Now they want to retire in 15 years...here's a mutual fund strategy that can help them get there. ( more)
The Zallas
Art and Susan Zalla have been good savers, but have too many high-cost, high-risk investments. Redirecting savings into bonds and index funds can help ensure they're be able to afford college for daughters Farrah and Alexza. ( more)
The Ericksons
Michael and Jamie Erickson have a portfolio that's all over the place. (42 mutual funds in all! ) Simplifying things will make their portfolio easier to maintain and reduce risk. ( more)
The Handel/Laports
Nelson Handel and Elicia Laport spent a lot of money building a family. Now they've got a valuable home but not a lot of cash. This financial plan can help turn the tide. ( more)
The Peters
Mike and Sue Peters were enjoying a comfortable retirement...then came the Nasdaq crash. A financial planner lays out a course for positioning their portfolio to last a lifetime. ( more)
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| Photography: (from top) Matthew Mahon, Dirk Anchutz, Jeff Sciortino, Catharine Ledner and John Loomis |
These lessons of the new science of neuroeconomics can make you a better investor. ( more)
Your portfolio depends on getting the right answer...here are four key questions to ask. ( more)
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There's a mutual fund for every style of investing. Tell the fund screener your risk tolerance, your timeline and your goals, and it will help you find the fund that fits your needs. ( GO)
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