Okay, I'm new to investing in funds.
I know a bit here or there, but I'm still learning. I don't know enough to trust myself jumping into anything yet.
What I'm looking for is long-term stuff, like something for retirement. I'm 22 now so I guess it's a great time to start.
What is the top parameters I should look for when browsing mutual funds? Like when browsing MorningStar I see NAV and Expense Ratios (I know what they are) but how do I know what is more important? Also, once I know what is important, how do I know if it's good. I figured you probably want a low expense ratio, but what would you consider "low"?
I guess I just wanna know what to look for in numbers.
2007-01-10
12:15:16
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5 answers
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asked by
ThatDude
2