Short term mutual funds

quote:

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and wanted to put it in a mutual fund for about a year to see if i can get some gains out of it.

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generally not a good idea. Anything can happen in a year's time, and all the experts in the world won't be able to tell you what is going to happen, although many will try including some on this board.

If you're ok with the fact that you could end up with a 20-40% loss in a year's time, then go for it. But if you're not comfortable with that, then you need to either A)not do it OR B)extend your time frame.

If you're really just wanting to "gamble" with the money, then just pick a stock or two and go with it. And despite what others say, all research points to "stock picking" as a gamble. It's like red or black on the roulette wheel. We have a very highly efficient market in this country, and what that means is the price of a stock is exactly correct at every respective moment. If the price is correct at the moment, who's to say that it will go up or down? Obviously, if you have inside information, then that changes the game.

Cheap Stocks I've seen a good number of people buying recently..

GGC
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