I am looking for a good mutual fund to move some of my retirement fund into. Any ideas?

Question

I am looking for a good mutual fund to move some of my retirement fund into. Any ideas?

Answer 1

Very difficult question without knowing your objectives and risk tolerance as The old guy rightly points out.

I got involved with one in Canada a good while ago that has done good numbers for a very long time. Not everyones cup of tea but might be worth a look. It is a small privately held company and we got onto it through a guy we know. Send him an email if you want the whole story. trevandjan at gmail.com

Good luck, Jackson.

Answer 2

Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other responsible person to provide specific investment information in this type of media

There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs).  One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience.  Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website

http://moneycentral.msn.com/home.asp  it has an entire section on mutual funds and Exchange Traded Funds.  Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

Another mutual fund site you can visit is Morningstar which is a rating service for fund companies http://www.morningstar.com/

You could also contact the funds companies for more information.  I have found that Vanguard & Fidelity can meet your needs for mutual funds.  The service and information they provide is all free and you will find it helpful.