2006-08-25 10:39:50 · 8 answers · asked by Pepper 2 in Business & Finance ➔ Investing
look at this:
http://www.bernanke.cn/what-is-a-mutual-fund.html
good Luck
2006-08-25 16:21:46 · answer #1 · answered by stock_trade_expert 3 · 0⤊ 1⤋
Twenty / Twenty ! I would put the $ 20,000 on the ground, pour 20 gallons of gasoline on it, set it on fire, and try to pee on it to save whatever amount you can, rather than buy into a managed mutual fund. You got a better chance of ending up with some money ! If you can't pick 3 or 4 good common stocks on your own to invest in, go down to your bank and get a couple of CD's
and start doing some homework. You could even listen to Cramer on TV, he is no dumbass ! I've had great luck with HD, CAT is looking forward to a good year, tire problems now over.
Also there are Exchange Traded Funds, ask a good discount broker, Scottrade, Sharebuilder.
2006-08-25 10:58:20 · answer #2 · answered by The Advocate 4 · 0⤊ 0⤋
For investing $20,000, yes. Goldman Sachs has an excellent asset allocation line of mutual funds called Equity Growth Strategy,Growth Strategy, Growth and Income Strategy, and Balanced Strategy. Depending on your risk tolerence, you should go Equity Growth(most aggressive) down to Balanced (most conservative). You get the same treatment with these funds as someone with $100,000,000 (that's not a typo). Great returns and low volatility. Good luck.
2006-08-25 11:10:25 · answer #3 · answered by frederickcardenas 1 · 0⤊ 0⤋
If you want to invest in stocks, I think ETFs are a better option for you than open end mutual funds. You can do a lot of research on www.etfconnect.com to compare the many available ETFs out there.
2006-08-25 15:07:41 · answer #4 · answered by perdidobums 5 · 0⤊ 0⤋
Despite their volatility, trading penny stocks can be extremely lucrative. Here are three ways that you can profit from investing in penny stocks https://tr.im/MNxxT
The good news about penny stocks is that you can buy a good amount of shares without going broke. It’s thus easier to get a good stake in a company for less than you would pay for stock of a larger organization. To find a company that you feel confident investing in, make sure to do your research. Don’t just choose a company because you saw an article about it, or because your friend is investing in it.
2016-02-15 23:33:44 · answer #5 · answered by ? 3 · 0⤊ 0⤋
For such a small amount I suggest ETFs (Exchange Traded Funds)
Top 5 Answerer in this category.
2006-08-26 09:27:49 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes. Check out Vanguard or another no-load fund company. Stay away from anyone who wants to manage your money or charge you a sales load.
2006-08-26 13:07:17 · answer #7 · answered by personal_finance_101 3 · 0⤊ 0⤋
read tips on investing and more on this site
2006-08-25 10:56:14 · answer #8 · answered by Anonymous · 0⤊ 0⤋