23 yrs old – I'm looking to invest in mutual funds - any tips? - tips mutual funds
I had a look at the Fund ING Direct, but I'm sure if there is a good choice or not, or if there is any better than ING Direct.
At this point I can not invest a lot of $ $ $ in a fund, at least I can save $ 200 per month. - Ideas?
Monday, January 18, 2010
Tips Mutual Funds 23 Yrs Old – I’m Looking To Invest In Mutual Funds - Any Tips?
6 comments:
The investment funds are available for some bad, and for a growing number of people.
For me, I would not have to invest in mutual funds if it is not a 401K.
In general, the funds are not good (if they are investing in training), and many people should not invest in mutual funds, if necessary (as if s "acting in a requirement in a 401K).
Here's why.
First, there are mutual funds to make money from the average person.
Second, mutual funds seem as "happy" just to do better than the S & P, as is often the counter. A monkey, the monkey usually outpick most mutual funds. About 60% of investment funds can thus not beat the market. (CNBC reported this week # The last one was 72%) is very sad!
Third, the fund management have included in the cost. Most of these MGMT Prices range from 0.5% to 2% per year.
Fourth, there is not most mutual funds do a lot of money but lose more in order to "" that manys money. In this way it is with them and continue to collect their fees.
Fifth, there are mutual funds in liquid form, as one might think. When you fill in mutual funds and George W. Bush spoke in the morning and call your agent to sell, because the market is now the reservoir, the agent is looking forward to receiving your order, but that does not run until the end of the day and determine the negative effects already in the background.
Sixth, many mutual funds fees "if you / buy, sell their fund within a specified period, which means you must keep your money in the fund 90 days to 2 years before she is free of charge (please try to read the fine print, a get deprivation). These prices can be estimated at 3% or less at their expense.
Seventh, mutual funds have on the market. So if the market fails or down, as it between May and now the funds are not yet on the market and take these losses. With a little practice, you can order the money to avoid some of these losses (which needs the practice.)
CorwinDecember he? Need more?
Branches of the Eighth, mutual funds must be diversified to a great extent and thus, whether heat and cold, probably in the areas of warm and cold areas. But as an investor, you can only in the desired fields, such as metals, or housing and energy, buying, etc., or now, securities dealers, retail and secure!
Ninth, mutual funds are so large they can only invest in certain companies. A fund with a small $ 10 billion in assets. 1% of this money is 100 million euros. How many companies are so great investment of 100 million U.S. dollars is not the whole society? You want to only large companies like Time-Warner will be limited, Microsoft, Home Depot, Cisco, eBay, which has set aside over the years? I think not.
A better way would be to buy ETFs (exchange traded funds) or holders. This exchange, like stocks, so they have a high liquidity and high prices to such funds. Additionally, you can buy / sell as you wish. They represent sectors or indexes, so they think gives you the diversification of the sector / Industry / index, but with much less effort!
See Amex.com (American Stock Exchange), or ishares.com, holders.com for more information.
Then, open a Roth IRA. If one with mutual funds and ETFs into a Roth IRA grow tax-free. This is an important step to save the money.
We need to invest in themselves. If not, then see sure (using mutual funds link below) for more information. But aware of the shortcomings (and as you can see, there are many).
Let me know if you need more advice.
Good luck!
Information on investment funds
http://beginnersinvest.about.com/cs/mutu ...
$ 200 per month is a good start!
Choose the no-load funds with low maintenance costs. Everything that is more than 1% too high.
The situation before recommending a growth fund is a good suggestion.
Choose a fund family of funds with a variety of offers. This will grow useful for you and your participation, and find that you need to reallocate their investments.
I recommend the band edge because of the variety of offerings and low cost. https: / / flagship.vanguard.com / VGApp / H / F / ...
I am not familiar with the offer of funds from ING Direct, I can not comment.
Morningstar, you can compare costs and investment funds from various styles. http://www.morningstar.com/Cover/Funds.h ...
Not based I'm no expert, but my experience of MF the best way to invest, look for alternatives.
I use sharebuilder.com.
I read an article about six months ago and have followed the example http://moneycentral.msn.com/content/Inve ...
Until now I was her turn over 7%, which is very good.
I would not load or low load funds. At his age, growth and aggressive growth funds would be good to go. Centry America, T. Rowe Price, icons and avant-garde are good companies. If you register it in automatic monthly contributions without inititial some companies, the minimum investment.
I invested with FIDYX in '93 and since I'm pregnant
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