Give the gift of investing—open an account with as little as $25 and establish an Automatic Investment Plan Wheaton, Ill.—Dec. 15, 2021 Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced the extension of its $25 matching gift promotion. The program, which offers a $25 matching gift when investors create or increase an Automatic Investment [...]
Robert S. Bacarella, Monetta's founder, president, and portfolio manager, shared his thoughts with Kylie Ora Lobell for her recent MoneyGeek piece on financial basics for kids. The article, titled "Money Foundations for Kids: Compound Interest," explains why parents should talk to their children about financial health. It delves into the ways parents can encourage financial literacy, with a special [...]
Monetta encourages investors to start with a diversified fund and “Don’t be afraid to invest!” Wheaton, Ill. Nov. 8, 2021—Monetta Financial Services, Inc., adviser to the Monetta family of mutual funds, announced a $25 matching-gift promotion when investors create or increase an Automatic Investment Plan (AIP) promotion for as little as $25 per month. “Starting with a diversified fund [...]
By Robert S. Bacarella| October 27, 2021 The classic movie “Ghostbusters” can teach us some valuable investment lessons. The movie is about locating, capturing and entrapping various types of ghosts that were terrorizing New York City. The Ghostbusters were successful because they had the tools, followed basic rules and were flexible enough to adjust to unexpected paranormal activity or [...]
October 1, 2021 This quarter our Featured Article discusses the estimated billions in unclaimed assets and how you can avoid losing unclaimed money or property: "States hold billions in unclaimed assets: Is some of that yours?" This quarter’s Successful Entrepreneur is Steve Ells, founder of Chipotle. The first Chipotle opened in 1993 in an abandoned ice cream store! This [...]
Journey Beyond Wealth's Chris McCall included Monetta's newsletter, games, and other educational materials in his list of “5 great resources to help your children learn about money and how to make smart financial decisions,” posted in Sept. 2021. . McCall titled his article “The Second Most Important Thing You Can Teach Your Children or Grandchildren” and asks some [...]
July 1, 2021 This quarter our Featured Article, “'Congress...We have a problem.' Debt is out of control!” examines the government's budget and how it handles its rising debt issue. This quarter’s Successful Entrepreneur is Rose Blumkin, also known as Mrs. B, a Belarusian immigrant who ran a used clothing store with her husband before borrowing $500 to open the largest [...]
By Robert S. Bacarella| June 29, 2021 When the “check engine light” in your car flashes on, you know you have a problem that needs to be addressed. In many instances the light may not indicate a serious problem, but you have to determine what’s behind the warning or face potential catastrophe. That’s the case for the stock market [...]
Monetta Core Growth Fund renamed Monetta Young Investor Growth Fund (MYIFX) WHEATON, IL.—April 29, 2021. Monetta Financial Services, Inc. (“Monetta”) announced today two changes to the Monetta Core Growth Fund (MYIFX). On April 30, the fund’s name will become the Monetta Young Investor Growth Fund and its minimum initial investment will lower from $100 to $25 with an automatic investment [...]
April 1, 2021 This quarter our Featured Article, “Bitcoin…Is It Rat Poison or the Best Idea since Sliced Bread?” looks at two critical things that are crucial in understanding bitcoin. This quarter’s Successful Entrepreneur is Sophia Amoruso, a wanderer and drifter in her youth that went from working at a fast-food restaurant to building a $100 million dollar clothing company, Nasty [...]