Localfund.com - All about Fund and Investment
*Home>>>Mutual Fund

What is the best mutual fund i can buy now?


What is the best mutual fund i can buy now?

In the long term the best MFs are the index trackers and they also have the lowest charges.
Most so called actively managed funds have such high charges as to amount to highway robbery. They are for gamblers, not investors.

Not knowing your age, time frame, amount you have currently, amount you plan to save in the future, your risk tolerance or many other factors, I think a general mutual fund that just about everyone should hold, would be the Vanguard Total Stock Market Index, ticker symbol 'VTSMX'. Its currently trading around $34/share, has a 4-star rating from MorningStar and its year-to-date return is 14%. Pretty good.

It holds roughly 1,300 companies stock and is managed by tracking the Morgan Stanley US Broad based index. With each share you own, you get diversification, instantly into the entire market. Some of the larger companies you might be familiar with that are held in this fund are Citibank, Bank of America, Exxon-Mobil, General Electric, Johnson & Johnson and Microsoft to name a few.

INAPPROPRIATE DETAILS

hi
In india there are hundreds of schemes giving exceptional returns. The mutual fufnd which you should buy depends totally on your profile i.e your age, income, amount u want to invest, returns u desire etc...etc
i m myself an mutual fund advisor and advice people on mutual fund investment. you can write to me your profile at
' gmifinance@gmail.com ' for furthur detail.

Tags
  Online Investment   Online Business   Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money
Related information
  • Should I sell my Mutual Fund MBSPX?

    A quick history shows the stock reached a peak about 2004 and has been flat or declining since. The fee's alone are quite high, and since is underperforming the market I'd get out now....

  • Who is the best mutual fund dealer?

    I don't know if you can classify a single best mutual fund company because they all have different investment objectives and features that allow them to compete with other fund families. So...

  • What is the best mutual fund in the Philippines?

    SUN LIFE FINANCIAL ...

  • What exactly is a mutual fund? Simple terms please?

    Many people pooling their money to leverage into investments that exclude the small bidders. Visit P-fund, a great way to invest. www prospera-fund dot com They are invested with several trade...

  • How does a bond mutual fund make more than 4% per year? I thought bonds were only about 4%?

    A couple of ways comes to mind (I did work for bond mutual fund at one time). Some of the bonds purchased were less than par and because bonds accrete to par at maturity, it must mean the yield ...

  • What Is The Best Mutual Fund.......?

    As a general rule, people that "chase" the highest performing or "best" Mutual Funds get burned. As a "newbie" I know that's hard to understand. Think of this;...

  • How can ibecome a mutual fund agent?

    Do you mean you want to sell mutual funds to clients or sell to brokers? For selling to clients you need to be in a position where you have that one-to-one contact most of these individuals are bro...

  • Whats a low risk mutual fund that would be good to use for retirement?

    This depends a lot on your age. When you're young, you can put up with a lot more volatility to get it to grow fast enough to outpace inflation and give you a nice nest egg when you retire. ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster