In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

Should you dump your mutual fund?

By Elizabeth Ody

Financial risk from Bigstock

Just because you've lost a bundle isn't reason enough to pull the plug

Judging when to hold a fund and when to fold can be devilishly tough business at any time. But it's especially difficult now that almost all investing markets have imploded.

For that reason, nine times out of 10 your best course of action is to do nothing. If your mutual funds are part of a comprehensive plan for your money and you had confidence in their investment approach when you selected them, then you should probably sit tight and trust the decisions you made in less emotional times.

But a down market does have a way of illuminating a fund's weaknesses, which in good times can go unnoticed. If a fund's shortcomings are starting to come into focus, it might be time to sell your shares, harvest any tax losses and move on to better ideas. Here are a couple of reasons to consider giving flagging funds the heave-ho.

Too risky. The current bear market may be forcing you to rethink the basic issues of time horizon and risk tolerance -- key factors that determine how you spread your assets. You shouldn't overturn your asset allocation unless you've thought seriously about the consequences. But if you're losing sleep worrying that you're at risk for large additional losses, you should sell some of your stock funds.

Which ones? Start with the riskiest. Maybe emerging-markets funds, which on average lost 60 percent of their value in 2008, aren't for you after all. Besides, any diversified overseas stock funds you hold probably have some exposure to developing markets.

Lousy performance. How do you measure incompetence or even mediocrity when nearly all the results across the investment landscape are miserable? Put your fund's performance in context by sizing it up against its peers. You can do this free on Morningstar.com by entering your fund's symbol and then clicking on "Total Returns." Returns over three-, five- and 10-year periods are useful but can easily be distorted by one unusually bad or unusually good year. Reviewing individual calendar-year returns is a better way of assessing a fund's performance.

The best funds beat their peers -- and their benchmarks -- year after year, in good times and in bad. But you might want to cut some slack to funds that lag their peers in good years but do better than average in down years. Similarly, racier funds get a pass for losing more than average during bear markets, as long as they deliver superior performance in up markets.

Many mutual fund managers have dropped the ball during the downturn. The problem is, there's an ocean of gray between those who got it a little wrong and those who got it unpardonably wrong.


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When bad judgment becomes chronic, the call to sell is clear.

Go to the fund company's Web site and download all the manager commentaries and portfolio data you can find for the past two years. As you comb through all that soporific verbiage and data, try to get a sense of whether the fund manager was taking the risks of the financial crisis seriously and whether he or she made any foolhardy bets.

Did the manager build up an oversize stake in energy stocks or financials by June 2008? That would look pretty incriminating. (Some fund managers fess up to their foibles in shareholder reports and other missives, but we consider such forthrightness to be a plus.) Be sure to compare a fund's sector allocations with those of a relevant benchmark, such as Standard & Poor's 500-stock index or the Russell 2000 index.)

If you're still on the fence about a fund, look for one simple number to tip the scales: your fund's expense ratio. After all, what you pay for your investments is one of the few things you have control over. An annual expense ratio of 0.52 percent, unusually low for an actively managed fund, certainly helped to sway our opinion in favor of keeping Dodge & Cox Stock in the Kiplinger 25, despite a series of bad stock picks that cast doubt on its management's judgment.

Not surprisingly, some funds with the lowest expense ratios have beaten most of their peers during the bear market.

Geared up to pull the plug? Don't hit the "sell" button until you've come up with a plan for the cash you'll be redeeming. As New York financial planner John Deyeso says, "One of the single largest mistakes investors make is they sell, leave the proceeds in money-market accounts, and the money just sits there."

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Elizabeth Ody wrote this as an associate editor at Kiplinger's Personal Finance magazine.

All contents copyright 2013 Kiplinger's Personal Finance Distributed by Tribune Media Services. All rights reserved.