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re: Anyone like to help me out with a mutual fund?

Posted on 12/12/12 at 5:14 pm to
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 12/12/12 at 5:14 pm to
A lot of people like Vanguard because of their low fees. Besides them, I like American Funds. They have lower than average fees and have proven funds.

What's your timeline for investing? Less than 5 years? 5-10? 10+?
Are you willing to take on more risk for a potentially higher return?
What's your reason for investing in mutual funds?
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 12/12/12 at 5:21 pm to
quote:

What's your timeline for investing? Less than 5 years? 5-10? 10+?


Long term, so 10 plus. I'm just 24

quote:

Are you willing to take on more risk for a potentially higher return?


Sine I'm young, yes.

quote:

What's your reason for investing in mutual funds?



I straight don't know what to do with my small amount in the roth I've set up. Do they act just like stocks in that you buy and sell them?
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