Questions You Should Ask About Your Investments from the Security and Exchange Commission (SEC). They offer questions relating to: general investments, mutual funds, investment advisers, performance of your investments. Questions such as:
What are the total fees to purchase, maintain, and sell this investment? Are there ways that I can reduce or avoid some of the fees that I’ll pay, such as purchasing the investment directly? After all the fees are paid, how much does this investment have to increase in value before I break even?
How liquid is this investment? How easy would it be to sell if I needed my money right away?
Pretty basic stuff but it provides some questions that you should be able to answer. If you can’t then continue on your path to increase your financial literacy. We hope I site can help with that. In addition we link (on the left) to some good sites including fool.com and Marketplace that are useful in educating yourself.