I'm planning out my 2007 contributions. I'm going to put in 4k right away in the beginning of the year, just not sure what to invest in.
Right now I have a little over 4k in an international real estate fund (started in 2006).
2006-10-31 07:59:42 · 5 answers · asked by do it movin' 1 in Business & Finance ➔ Investing
SPY (SP 500) and QQQQ (NASDAQ 100) are too good long term choices. Both are technically ETFs. Over the long term, the majority of traditional mutual fund managers can't beat the SP 500, yet charge a larger rate and are susceptible to high fees plus hidden taxes (you pay taxes when others in the group sell, but you don't see this in the paperwork).
2006-10-31 10:13:29 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
Look into etf's the expense ratios are much lower than mutual funds and can be bought in shares. These help out if you plan on tracking an index like the S&P 500 but there are tons out there that track foreign countries also. these beat out index funds due to expense reasons!
2006-10-31 09:32:17 · answer #2 · answered by Nate 2 · 0⤊ 0⤋
no to high yield bonds with recession possible. Yes to the 1st suggestion made - low expense index funds. Might want $1000 in a gold fund, though, if have none now.
2006-10-31 11:20:45 · answer #3 · answered by vegas_iwish 5 · 0⤊ 0⤋
If it was me, I'd find a couple of index funds with low expense ratios. Maybe one that tracked the Dow or the S&P 500, for example.
2006-10-31 08:04:15 · answer #4 · answered by Ralfcoder 7 · 0⤊ 0⤋
You should definately diversify. By being in International REIT you have missed the recent market rally. Look at ticker symbol RMH for a great high-yield bond fund. It paid $2.80 in dividends last year (14%). Nice moderate growth vehicle.
But don't put everything in this. DIVERSIFY!!!
2006-10-31 08:09:59 · answer #5 · answered by holbrpa 2 · 0⤊ 0⤋