What mutual funds should I invest in?

Sure, this questions has a million answers. I've read a ton of recommendations, and yet I'm tempted to read even more!

I'm 21, looking to open a Roth IRA. Ideally I would max it out every year, and put anything else I can save into my 401k. I think eventually I would wind up putting more in 401k, but I want to use whatever I have in my IRA as a down payment on my first home sometime in the next 5-10 years.

Right now I'm looking into opening an account with T. Rowe Price, but I just don't know what mutual funds are right for me! I'm not sure how YOU'RE supposed to know, but maybe you can let me know what you chose and why?

I'm just looking for some honest, intelligent comments and/or advice. Any input is more than welcome! =)

only stick with index funds from either vanguard, fidelity, or t rowe price...these are the best three by far...so good for you with the t rowe pick. becasue of your young age, go with one of the stock mutual funds...preferably something that mimics the sp 500 which averages 10 percent a year

First I would suggest opening an account with a company that may be able to give you some direction. Go to a discount brokerge firm Schwab or TD ameritrade. They both offer a list of 20-40 focus funds that they recommend. If you go to T. Rowe they most likely will just give you T. Rowe funds. I could speak on this for a long time but I think a discount firm might be the right 1st step. You can also do the research on your own. Yahoo Fiance... or better yet try morningstar.com

Look for funds with:

1. Low expenses
2. Low turnover
3. Value based philosopy
4. Four or Five start ratings for Morningstar
5. Strong corporate governance
6. Managers invest in the funds

Having said that here are a couple that fit these criteria:

DODFX
DODGX
DODSX
TBGVX
FAIRX

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　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield

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