Question:

Help met to invest in Mutual Fund (MF) ?

by  |  earlier

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Kindly help me to invest my money in to the Mutual Fund account. Kindly select one for me to invest

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5 ANSWERS


  1. don't listen to any suggestion made by anyone on here.  to be able to offer any advice on this, we would need to know a lot about you.


  2. Do your asset allocation plan 1st.  Then you can pick the funds for your plan.  There are many excellent funds out there.  A simple one, would be a target retirement fund.  Vanguard, Fidelity and/or TRowe Price have them.  

    But if you wanted individual funds, go:  

    60% VTSMX Vanguard Total Market Index,

    20% VGTSX Vanguard Total International Stock Index

    20% VBIIX Vanguard Intermediate Term Bond Index

  3. How much risk are you willing to take?  What is your time horizon? How much do you want to invest?  Are taxes an issue for you?

  4. Kiplinger  is a good place to research mutual funds.  Click the Link below. look at their link "best of the new funds"

  5. Starting out you probably should buy an index fund like the S&P 500.

    One like that will give you the best diversification and lowest costs.

    Then as you learn about investing and grow your portfolio you can do more particular things or take a little more risk.

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