We all know feeling when that crippling medical bill has to be paid. Most of us try not to think about it. We ignore that pain and put off making an expensive appointment to see a specialist we hope it will all just go away. There are some practical things we can do to improve our chances of not having to face huge medical bills. Here are a few suggestions.

1. Identify areas of your health, which worry you:

Many people are afraid of heart problems. Perhaps there is a history of heart disease in family. If this is case, use Internet or your local health service to get information on preventative action. This may involve a significant change in lifestyle and, believe it or not, it might involve a real reduction in your spending, since it most probably you would be advice to use less your car and exercising more, to have a healthier life style and nutritional habits. You could also feel better just because you have taken that first step to protecting your health.

2. Preventive checkouts. Some investments in regular checkouts and tests could save you lots. Most of common illnesses just don't start suddenly. Symptoms appear slowly. Some people choose to ignore them because they are too busy or they want to think they will get better by themselves. At initial stages of an illness possibilities to treat it totally, faster and most efficiently are bigger, treatments are less expensive and more importantly you are preventing yourself from getting a serious disease that treated on time can be totally cured.

3. Exercise more. The benefits of practising regularly any kind of physical activity are numerous. It not just improves your physical appearance and boosts your confidence, but it reduces your stress levels, improves functions of all your systems including cardiovascular, muscular and immune. It strengthens your joins avoiding illnesses such as arthritis and rheumatism. Exercising even helps you to think better and clearer, since it improves blood circulation in brain.

The issue was that some mutual fund companies allowed certain hedge funds to engage in after-hours trading, sometimes incorrectly referred to as market timing. Unfortunately, some companies have used confusion about term "market timing" to further their own cause. How?

They have used this issue to pretty much ban all forms of trading their funds, and some companies are imposing hefty short-term redemption fees—penalties for all intents and purposes—in name of avoiding impropriety. But real idea behind it all is: Buy our fund and never sell it!

These companies advocate a stubborn Buy & Hold philosophy despite devastating effects that approach had on investors’ portfolios during recent bear market. Performance is immaterial to them—they want your money in their fund whether it's going up or down.

With all of negative press over months you'd think that mutual fund companies would have cleaned up their act and started giving more consideration to individual investor. Not so.

This was brought home to me when a fund manager of an $800 million mutual fund called me to see what my plans were in respect to holding our positions with his fund (about $2 million).

I explained my trend tracking methodology and he got very angry when he heard I would protect my clients' accumulated profits by selling his fund if it were to drop 7% off its highs.