What Mutual Fund Would You Suggest Is The Best Bet To Invest In These Days, Anyone Have An Idea?
there are 7,000 mutual funds offerings that a person can invest in, problem is, how does one know which fund is best to invest in. they all seem to look good. anyone out there been through this and can give me some good advice? Thanks!!
I like BPTRX, but anything in that family is great. They may be down more than S&P this year, but in up years they make a killing. I’d recommend OAKBX, because it rocks this market, but it’s closed. Keep your eye on it though because those things open up.
I like index funds that track the various indexes. The Vanguard S&P 500 fund is a good one with low expenses. If you are saving for retirement, and have many years to invest, these ups and downs should not concern you. You are purchasing more shares when the market is low, so when the market rebounds you will do well even if it only makes it to its previous high.
Index funds. First assess your risk tolerance, This site has links to quizzes:http://www.saveyournestegg.com/diy.html
And this WSJ article is excellent – explains how to set up a low-cost, well diversified portfolio. http://www.amexsux.com/cgi-bin/yabb/YaBB…
Keep it cash, or t-bills. The economy is not doing so well for anyone. Junior gold – maybe.
I would go with (C). Its always the safest bet.
Cash.
None