Can anyone recommend a good mutual fund to invest in right now? Atleast one that is doing real well for you.?

Two good balanced funds with low expenses are the Fidelity Four in One Index, symbol FFNOX and the Vanguard Life Strategy Growth, symbol VASGX. Do not invest in the latest hot fund!!

Check out the following book: The Only Guide to a Winning Investment Strategy You'll Ever Need by Larry E. Swedroe. This will give you solid advice on how to handle your investment.

These are good funds in my personal view, too. Report It

Hello, I'm sure you can find mutual funds that are doing well, but it has always been suggested to me to go with an index fund that traces the S&P500. You can get such a fund at vanguard and other places with a minimal investment. I'm no expert, but I sunk a fixed amount of money into it over a few years, and my money grew at a respectable rate. Of course you can go with more agressive or more conservative approaches depending on your age and how much money you want to invenst.

I like Index funds because they give you instant diversification. Look up Dodge & Cox Index fund or Royce Index funds.