|
|
| *Home>>>Invest Fund |
How can i decid which mutual funds to invest in with $5,000 dollars? |
I don't know anything about mutual funds and I need to invest because I really need the money. How can i decide? Don't buy mutual funds. They might grant some diversity, but they have higher costs. The mutual fund managers have to get paid and the employees get paid, that cuts into your earnings, also, they pay ppl to recommend their fund (they have to bc of the cuts their earnings take by paying the managers and employees) which further cuts into your earnings. Basically, buying a mutual fund is adding a middleman you don't need. You can diversify on your own, you just need to do a little more research. It's easier than ever to learn about a company using websites like Yahoo! Finance or MSN Money. Go direct with stocks, if you do a little homework it'll give you better returns in the long run. Mutual Funds are a LONG term investment meaning you will not get rich overnight if you need the money in a few months I would recommend an online bank like ingdirect.com or hsbc.com. If you need the money I suggest you to get a second job and buy a few Solar Panels. |
| Tags |
| Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund HYIP High Yield |
| Related information |
China: TDF and CHN 24% and 9% return over 3 years but CHN is now hot returning 42% this year. India: IIF and IFN 42% annual return over 3 years. Brazil: LAQ 57% Brazil holdings. Currently... The absolute smartest thing is to invest the money in a well diversified portfolio of stocks and bonds...probably easiest through mutual funds...with a good portfolio you can reasonably expect arou... Tax saving funds are good option. ...why do you want to in mutual fund when stock share is falling, kept your money in the bank, mutual fund will fall , following the stock market ...If you invest in an index fund, you'll do better than almost half of the other investors out there. But if you're smart and willing to do a lot of research, you can make double the money ... The main problem with having someone else make decisions for your is that there is no guarantee that they will make good decisions. If they screw up it is no loss to them. It is a loss to you. In... knowledge is the first thing you should have. in general, real estate and stock market can offer you huge potential return, but with mutual funds, you can lower the risk by diversifying it accross ... Here are some sites that can help you ... |
Categories--Copyright/IP Policy--Contact Webmaster |