Im a 21yr old female what are the best mutual funds for me to invest in?

Im just learning of stuff like this feel free to explain any other financial institutions that will make me money LOL!!! (no Scams) real life info!!! I can Use as far as finances Im still a baby all I really have a good understanding of is STUDENT LOANS LOL!!!

It all depends on your risk tollerance and how much money you have to invest but definitley a no-load mutual fund.

Index funds are a great way to start. They really diversify your money and perform quite well.

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A good International Fund, Check Chas. Schwab in your area

A fund specializing in technology

AEuropean fund

Hold onto your hat and enjoy the ride. You have a long time and will do very well!

lot of mutual funds underperform (return a smaller percent of investment than the average gains on the stock market). Many advisors (as you find in banks that sell mutual funds) follow a formula and add very little thought when advising you.

Mutual funds are described in books that review them every year and you can find these in the business section of book stores.
With the relatively decreasing dollar it is not certain that a broad investment strategy is good one.

get a personal financial advisor (they work for a fee and you need a minimum amount to invest).

you may want to get together with a number of people and collect a large amount of money, like $100,000. Call it an investment club. Then see if you can get a reputable financial advisor to help your group invest and also maintain your group's portfolio. The advisor will charge 2 to 3 percent of each transaction.

Get the advisor on someones recomendation. The advisors work for Lawyers, bankers, doctors and others. Ask you doctor, lawyer and banker for help. "Do you know a good financial advisor?"

Get references on that advisor before going with her/his services.
Make sure the advisor is experienced.
Consider interviewing a number of advisors before finally deciding.