What bank give the most interest rate in mutual fund that is near 10%?

Question

I want to invest my money in something but don't know where is the best offer for mutual fund. I'm already looking into those other investment and still deciding where should some of my money should go where.

Answer 1

you will not find anything that is a "safe" investment that is going to pay you 10%.

i would get a CD if i were you, mutual funds suck, most have fees and such when you buy and sell them

Answer 2

history shows that in the long-term, equity (i.e. stock) investments earn roughly 12% per year.  but that's the past, which is no sure indicator of the future.  so if you want to earn 10% returns, and want to invest in mutual funds, you probably want to first make sure that you're a long-term investor, and then invest in an index fund that has the lowest management fees.  

Contact T Rowe Price, or Vanguard and ask the phone rep about low-fee Standard and Poor's 500 index funds.  make sure to buy the class A shares, otherwise you may get a large fee taken out the second your account is opened.  

Check Morningstar.com for info on mutual funds.  they should have a link to index funds as well.  you can choose from a huge variety of indexes, sectors, industries, etc.  but morningstar is THE source for info on mutual funds.

you may also want to check on variable annuities, which are safer than mutual fund invsetments, but will get you a slightly lower return.  they are regualted by the various state insurance regulatory bodies, and so the risk of losing your investment is minimal.  

you may also want to check on some corporate bond funds, which are considered to be more risky, but check historical returns.   diversification helps teh fund manager reduce risk, and junk bonds can deliver some nice returns..

Answer 3

First:  Never use a bank or insurance company for investment products.  They tend to be very expensive and the "advice"tends to be mediocre. The worst and most expensive products are variable annuties.

Read;

Mutual Funds For Dummy's

Set up an "asset allocation" that works for you. Consider these companies for Mutual Funds;

T. Rowe Price

Dodge & Cox

Vanguard

remember: The right "asset allocation" is more important than picking the best funds!