I have 2000$ that I want to put to good use, can put this in a mutual fund

April 11, 2008

Posted by knor208

( 1 rating )

Remember therre ae as almost as many funds as there ae stocks. You cav go to some sites that offer free risk assessments since there are conservative funds, aggressive funds, growth and incomme funds etc. You also need to have some understanding of your time horizen ie when will you need the money to use. Also most of the funds you can pen and arange for monthly automatic monthly deposits from a checking, savings accounts. No matter whcih way you go I would choose a fund that has benn in exsistencefor at least five years.
Another popular investment is ETF which are exchange traded funds which trade like stocks but groups of companies. The good thing about them is they are more liquid than mutual funds and the fees are much much less.
Hope this helps

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March 09, 2008

Posted by invsense

( 0 ratings )

If you are investing in the US Markets and are looking for a mutual fund I can make a recommendation. With the recent market drop and continued uncertainty, I suggest highly that you invest in a fun that plays the broad market just as an index fund. At this time, do not buy single stocks, you want to play the market rebounding which will happen, the unknown is when.

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