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What would be a good mutual fund to start investing my money. I'm 24 years old, and want to start saving. |
I've never invested in stocks or mutual funds before. I've put my money in savings bonds, but understand that inflation will soon catch up with me. What would be a good place to start investing my money? I own and recommend the following mutual funds without hesitation to anyone, for any situation and length of time. These are the first funds in which I invested, and I've owned them all for 3.5 to 4 years. I have ranked them from highest to lowest 3 year return. For people beginning in mutual funds, I recommend Vanguard's STAR Fund. It's about 60% stocks and 40% bonds. It's very diversified, it has a low minimum initial deposit, the expense ratio is low (i.e. you get to keep the money you make), and it has a history of excellent performance. let joint swiss mutal fund .It give 300% of 15 mounth. stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock stock is lower risk then bond, if a company close to bankrupt all bond money gone frist, then stock!! be carefull buddy dont trust stock Well you mention inflation and savings bonds. So first thing is to check out I Bonds @ treasurydirect.com . They offer inflation protection, no tax on interest income until you take the money out, you can hold them for 30 years. |
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sure you can. There are litterally hundreds you can buy. They are called closed end mutual funds and exchange traded index funds. Enclose is a link to a source that will show you all of those th... dont you have a calculator ...You can invest. Cheques should be drawn from NRE/FCNR/NRO A/C maintained with bank allwoed to deal in forex. Documents required to be submitted by NRIs alongwith the Application Form: In case... Guidelines: 1. Decide on your goals. 2. Determine how much you want to initially begin investing with and will you contribute more in the future. 3. how long do you plan to invest for? 4. what&... I've heard nothing but good things about Vanguard. ...First of all, apply for a PAN CARD. It is mandatory from 01 January 2007 for MF's and demat accounts....After the receipt of PAN CARD, you can buy mutual fund directly from the fund houses or ... You can open a share builder account. I can't tell you which stocks to buy, that would make me your broker. You can also learn to trade options, which can also make you alot of money in a s... I agree with Stephen J about mutual funds. For investing ideas I think the best way to get started is to invest in what the best traders are buying. This is the idea behind the site, ... |
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