Mutual fund questions, please help, this apply to knowledable people...?

I havent started any retirement plan... my work matches 1percent of the money that you contribute. I wanted to invest in to mutual funds only, instead of opening a 401k. How do i get started on this situation. Im 26 years old and i would love to invest my money on the right spot. If by any chance, is there anyway that i could seel my mutual fund anytime i want...and how can i open an account without charging me a arm and a leg... thnx for the time...

If you are 26 years old, you have a LONG WAY to go in life, and age is an advantage for you now. Rather than directly into mutual funds, go for something with a 5 star rating like Birla SunLife.

Start with a SIP of 500-1000 Rupees a month, which will not only insure you, but also make up a HUGE fund base in, lets say, another 15-20 years.

Apart from that, your money is invested by them in the mutual fund and equity market, and they would be giving you a return of 15-20% per annum, which will add up to your existing amount. Its a win-win situation whichever way you look at it..good luck.

You say your work gives you an employer match. That means they must have a 401(k) plan or similar. You should first invest in that. Almost all 401(k) plans have mutual fund investment options within them. Why don't you want the 401(k) - it is in your interest.

You need to do some basic research. Start with a publication like Money magazine.

A 401k is just a type of account. You can put any sort of vehicle into that account including stocks, bonds, mutual funds and ETFs.