i am new to MF i want some guidelines to help me to invest
2006-10-09 05:15:33 · 7 answers · asked by ARUN KUMAR 1 in Business & Finance ➔ Investing
Guidelines: 1. Decide on your goals. 2. Determine how much you want to initially begin investing with and will you contribute more in the future. 3. how long do you plan to invest for? 4. what's your risk tolerance. 5. do you want to go at it alone or with a fiancial advisor at your side....
start by asking yourself these questions. then go on yahoo finance and research some funds that might interest you.
2006-10-09 06:01:40 · answer #1 · answered by henry9tx8 2 · 0⤊ 0⤋
Unlike shares, you donot need to open a account for investing in mutual funds. You can contact any financial institution and fill in the application form of the company you want to invest in.
The following link will help you in deciding which funds to invest in
http://www.valueresearchonline.com
2006-10-09 05:22:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hello, I would be happy to help you answer this question.
Okay, the first thing you're going to want to do is figure out what type of investor you are. Can you afford to take risks? Do you want to take risks? Are you looking for a long term, relatively safe investment?
Once you have figured this out, find a brokerage account that suits your needs. My favorite online brokerage account is Sharebuilder. http://sharebuilder.com
Graciously
The Investing Sensei
http://www.investingsensei.blogspot.com
If you have any other questions, comments, or concerns you can contact me at:
My Site: http://investingsensei.blogspot.com
Email: investingsensei@yahoo.com
2006-10-11 17:32:17 · answer #3 · answered by Johnny B 2 · 0⤊ 0⤋
Hi, i suggest a great site with plenty of Issues related to your investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-10-09 14:08:54 · answer #4 · answered by stock.geek 2 · 0⤊ 0⤋
here is one component of bear in mind relating to the Roth IRA account. there isn't any tax on it the place as there is on your 401k. This turns into important while pondering your asset mixture. earnings producing investments are taxed on the completed tax fee as would be your 401k. hence it is clever to take a place a minimum of a few of your 401k in earnings producing sources--bonds, LPs, REITs. The earnings from each and every of those is taxed on the completed tax fee besides. Now because of the fact the Roth IRA isn't taxed, it is likewise clever to place those forms of sources into the Roth IRA additionally. and additionally fairness investments. What you neglected to show are investments outdoors of those 2 autos. in case you have some, they could be investments which would be taxed on the capital beneficial factors fee--fairness investments. certainly, until eventually you're interior the maximum tax bracket it is clever to have slightly of your fairness investments outdoors of a 401k. by doing so the completed tax invoice would be decreased, particularly while you're a protracted term investor. in case you have the least hankering to take a place a number of your money in gold and silver those actual could be interior of a Roth IRA. the two are taxed as collectibles otherwise. yet another component of evaluate in regard to the 401k is that in the time of years to come the tax fee could certainly be bigger, possibly lots bigger, than it at present is. because you quite have not any decision of putting non-mutual fund investments interior of a 401k aside from possibly business enterprise inventory, it quite does make experience to take a place Roth IRA money in business enterprise shares quite than mutual money. yet be careful. it is extremely tempting for many to invest with their Roth IRA account particularly short term procuring and advertising which otherwise could be taxed on the completed tax fee. which would be a competent thank you to shrink that value of the Roth account. Be in basic terms slightly careful. make investments interior the likes of MCD, WMT, JNJ, BDX, KO, and so forth. or maybe ETP with its 8% dividend or PAA with its 7.5% dividend. and don't make investments it in fewer than 5 diverse companies.
2016-10-16 00:14:05 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Just call the fund you are interested in and they will send an application.
2006-10-09 05:17:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋
The first step is to open a brokerage account.
2006-10-09 10:08:42 · answer #7 · answered by Anonymous · 0⤊ 1⤋