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What is a good mutual funds to invest in for a large long term income? |
What is a good mutual funds to invest in for a large long term income? Open an account with Fidelity Investment. There are a lot of choices. You can read about them. I would diversify and invest in mutual fund with Morning Star rating 4 to 5 stars. I like Dow index fund since this fund on average in the past 30 years has been making over 10%. Put some in income fund and bond fund. Fidelity has a few good income funds. Check it out. There are many. You will have to do your homework to find the best ones for you. Read this good tutorial on MF selection .. Hire a good investment advisor. This is something you should not be trying to learn about or do yourself. Large long term income? Not sure what you're talking about. If you have a large sum to invest for a long period, invest in a front load fund and take advantage of the breakpoints(more $ less up front fee in tiers). If you wanna make some real money try the reverse funnel system. Its a $3,000 investment but you make $1,000 per sale, but the system takes care of everything and you never have to talk to anyone to make a sale. Google the reverse funnel system and you will see its the real deal, I made a blog post about this: I like my Vanguard total stock market index fund... |
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It depends where you live, I live in texas and know of a program that the YWCA offers: The YWCA believes that we can create a community where all women and children have a safe place to live. Many... I agree that this seems to fall under "double taxation", but you are not paying taxes on you initial (taxed) investment, ONLY on interest and dividends that you received FROM the investme... If this is the only income from MF units held for three years at least, and if it is below Rs. 1 lac., no return need be filed and no tax is payable. If this is coupled with other income and exc... you have to pay tax on 90 rupees if your tax laws are the same as the US but it is a long term gain and the tax rate should be lower. ...If by a few thousand you mean $3000, then realistically you should not expect to make any more then the long term average return of the stock market which is about 10%. This means $300 per year, n... You can figure this out yourself. It's called a spending plan (or budget) and you really need to have one. First list your income (including child support only IF it's coming in regul... It might, but you'd only pay the higher percent on whatever was over the limit for the bracket. And if the gain is long-term (you had it over a year) then it would be taxed at a lower rate th... Michael, I had the same question with respect to form 1040, and the answer is beyond Schedule D. The IRS downloadable forms now download the form separately from the instructions. You are correct... |
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