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I have a mutual fund (Smith Barney) & I'm new at all this.Is this a pretty good one to at least start with? |
I have a mutual fund (Smith Barney) & I'm new at all this.Is this a pretty good one to at least start with? Most of the mutual funds from big names firms are overpriced and underperform. Check out the performance and fees from the fund you bought with its peers. You could use the fund comparison tool at Vanguard.com or one of many discount brokers. I bet you find that Smith Barney takes a big chunk of your investment as fees and commissions and underperforms as well. You have a mutual fund WITH Smith Barney. They are a very reputable firm. You should do your homework before you invest the next time. Smith Barney is a company with many, many different mutual funds. What you need to do is talk to an advisor at Smith Barney concerning the types of mutual funds they have - the best for you depends on lots of factors about your own life, like your age and whether and how long you plan to work. |
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A share is a single unit of stock. Owning one share is like owning one very small peice of a company. A mutual fund is a collections of many shares picked by a group of people who are basicly say... It depends on the type of bond fund that it is. In the U S if the bond fund invests in municipal bonds, the dividend is tax free from federal taxes and possibly from state taxes as well. You will ... It is a bit too much to expect annualised returns of more than 40% from any given asset. I do not think any MF can deliver 40% annually year in and year out. Even the best of funds tanked in the ... Try Fund Manager Professional Edition. ... TOP 10 MUTUAL FUND IN MARKET 1)RELIANCE CAPITAL 2)PRUDENTIAL ICICI 3)SBI FUNDS MGMT... over the last three years there are a couple over 3.5 Oppenheimer Senior Floating Rate A LW XOSAX.lw Oppenheimer Senior Floating Rate A XOSAX Highland Floating Rate Advantage Z XLAZX ... before you buy compare all of the mutual funds listed to PBW its the powershares ETF of the same flavor as what you want. Pay particular attention to the expenses wether or not its a loaded fund an... to learn about mutual funds and the stock market go to investopedia.com or the motelyfool.com. they will tell you everything you need to know ... |
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