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What can i invest in? i was told i should go with a managed fund? |
sydney australia managed funds invest in stocks that try to beat the market, as opposed to indexed funds which ARE the market. the administative costs are considerably higher on managed funds and sometimes there are loads(upfront fees or fees when you sell) you should invest money in real estate in Nevada State. It is buyers market: you have many houses to choose from and can negotiate price very well. It is time to buy now!!! Real estate is done put a fork in it. Trust me the house bubble has popped. If you want to get into a fund look for grown and income or international growth. Small Cap funds are good too but generally any mutual fund will give you around 8-9% a year. American funds are pretty good but please look around for yourself. |
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