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I want to invest in mutual fund?


I've been reading alot about it but I'm not sure how to start especially since I'm from Singapore but work overseas. I mean its great that there are loads of books on them & easy research online but none guide us thru the process how to get it done,unless of course I've not been researchin on the right things or read the stuffs. So any expert out there pls help me with this.

Some of the mutual funds open accounts online.

Selecting just one can be a challenge. There are sites like Morningstar.com that specialize in information on mutual funds. I like the BusinessWeek scoreboard for mutual funds.

Take a look at the last one. It has a highly rated global fund. It has had a good return for quite a while. It is figured as a low risk and low turn-over (some funds make money by "churning", trading stocks a lot, it increases the fees they charge and sometimes costs you more in taxes). You could do worse.

Talk to a stock broker or to a representative of your bank. Most banks have officers that can help you with financial planning.

Nothing to read or research. Open & fund an account with an online(not sure schwab.com avail in your country) or bricks & mortar broker. Once that is done can buy any mutual fund you want. Can also go straight to some fund families like Vanguard, Fidelity, and whatever fund families are in Singapore & set up an account and buy. Key is just to start. Nothing to know as long as going to invest as opposed to speculating. Index Funds the key until you have built up knowledge.

Go for Mutual funds or Index funds. You may also explore ETF's if you have a lumpsum amount to invest as their costs are low. As per my research Vanguard has the lowest costs/expenses. So use their funds screener to find what is right for you. Take advantage of a ROTH IRA as your balanced fund container.

If you are young, then you can risk putting in more in stocks and less in bonds and CD's. Put 25% of your money in a balanced fund and rest in high risk/high gain funds. Also you may want to have some speciality stocks like energy, real estate,precious metals etc. Again you have to go with your intuition, ability to take risk etc. You may also hire a financial advisor but then they may charge anything from 2% as fees.

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