2007-01-05 13:25:51 · 5 answers · asked by Dirty Harry 2 in Business & Finance ➔ Investing
This is going to sound crazy, but I am very much a sane man:
Try the Vice Fund (VICEX). They invest in companies that sell tobacco, firearms, alcohol, gaming, and gambling. It's a pretty good fund with a great performace history and a very well-managed fund.
I think you will be pleased with it: In good times, we drink. In bad times, we drink more so you really can't lose. And think how hot Vegas and gambling has become. Everyone has either been or is going to Vegas. Don't fight the tape on this one, go buy some.
2007-01-05 13:32:23 · answer #1 · answered by Anonymous · 1⤊ 2⤋
Charles Schwab has a good one that is currently paying 5.66%. It is a short term Bond Fund with acceptable risk. The only catch is that on this particular one you have to invest $50,000.00 or more.
They have other Market funds types paying around 4.9% with very little money invested
This week their CDs were 5.2% 3 months, and 5.2% 2 years.
Schwab is the best if you self-direct your funds, which they teach you how.
Good Luck! Don't buy an Aunuity, its a hidden fee rip-off scheme....
2007-01-05 21:49:55 · answer #2 · answered by jwhfaye 4 · 1⤊ 0⤋
All the fund families have them...look for " blended" or "balanced" in the names then go to yahoo/finance put the name /symbol in the quote box and look at a "snapshot" of the funds....you're looking for something that's about 50% bonds...
Fidelity has a whole line called Freedom Funds...with different bond percentages depending on your age or risk lvel you're looking for.
2007-01-05 23:51:58 · answer #3 · answered by jebediabartlett 6 · 0⤊ 0⤋
do a search of mutual funds on morningstar take into account how much money is required to invest at first and the yearly fees. 4-5 star fuinds are what you are looking for.
2007-01-05 21:51:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It depends on what your level of comfort is, your age and if the money needs to be used anytime soon. The cost of investing is quite important do check out the fees involved. Vanguard.com is a good place to start.
2007-01-05 21:44:34 · answer #5 · answered by Jerry 2 · 0⤊ 0⤋