Mutual funds Anyone got some tips maybe some good funds info on terminology maybe?

Question

Anyone have some info?

I'm a first time investor looking to dabble a bit with 1 grand in mutual funds.

Answer 1

I believe ARTIX has a $1000. minimum initial purchase...check with E-trade.
It's an " international" fund, up about 21% last year...
Oh! The other " good funds info" you may be looking for is MSN's intro site:
http://moneycentral.msn.com/beginnerguide.asp?page=introduction
Another "answer" mentioned getting into stocks....but a stepping stone to that could be ETF's ...they trade more like stocks but spreads your money a little ( limits risk)....you don't want your first investing experience to be a bust !!
It's been a while since I checked that msn site, I hope it explains things better than I did.

Answer 2

Dabbling with 1 grand in a mutual funds will not get you anywhere. You should start dabbling in some nice stocks, when you see a good size gain you sell for the price you want. With your profits, you start the process all over again.This is something you cant do with a mutual fund.

Answer 3

Look for no-load funds, which the majority of them are, and research at Morningstar, like the guy above said.

Answer 4

it incredibly is one element to undergo in techniques relating to the Roth IRA account. there is in no way any tax on it the place as there is on your 401k. This turns into substantial whilst pondering your asset combination. income producing investments are taxed on the completed tax value as would be your 401k. hence it incredibly is clever to invest a minimum of a few of your 401k in income producing materials--bonds, LPs, REITs. The income from each of those is taxed on the completed tax value besides. Now because of the fact the Roth IRA is in no way taxed, it is likewise clever to place those kinds of materials into the Roth IRA additionally. and additionally fairness investments. What you neglected to point out are investments outdoors of those 2 autos. in case you have some, they might desire to be investments that would desire to be taxed on the capital helpful factors value--fairness investments. definitely, until you're interior the utmost tax bracket it incredibly is clever to have area of your fairness investments outdoors of a 401k. with the aid of doing so the full tax invoice would be decreased, particularly once you're a protracted term investor. in case you have the least hankering to invest a number of you cash in gold and silver those definitely might desire to be interior a Roth IRA. the two are taxed as collectibles otherwise. yet another element to think approximately in regard to the 401k is that for the time of years yet to come the tax value might definitely be greater, perhaps lots greater, than it presently is. for the reason which you incredibly have not have been given any selection of putting non-mutual fund investments interior a 401k different than for perhaps company inventory, it truthfully does make experience to invest Roth IRA income company shares fairly than mutual funds. yet be careful. it is totally tempting for many to invest with their Roth IRA account particularly short term procuring and promoting which otherwise may well be taxed on the completed tax value. that would desire to be a competent thank you to shrink that fee of the Roth account. Be basically a sprint careful. make investments interior the likes of MCD, WMT, JNJ, BDX, KO, and so on. or maybe ETP with its 8% dividend or PAA with its 7.5% dividend. and don't make investments it in fewer than 5 distinctive companies.

Answer 5

http://www.morningstar.com they have great reviews of mutual funds.