Has anybody done a mutual fund for the past few years and how do you feel about it?

Answer 1

Mutual funds are an excellent way for you to have savings grow....you can get into them quite heavily and change funds ( or portions) frequently, or you can pick something a little above average and just have it move up for you over time.
Most people that get "into" the ins and outs of the funds end up moving into trading a few stocks...but you don't have to.
I think "wikipedia" has quite a long write-up about the different kinds of funds..if you want a little more info...go there and type in: collective investment ( when you scroll down they're called " mutual funds"
P.S. Also... you CAN lose money in any kind of investment...you have to stay awake...and be ready to move if your fund is too narrowly invested ( see "diversification" in that article)....
Generally ,I have had great sucess in say the last seven years or so.....if you get to the point where you're actually checking out funds, look at: EUROX...CFIMX...FRESX...FEMKX...FAIRX..FLATX
Hope you can use the info...good luck

Answer 2

Why variable annuities? Their prices are very severe and you money is taxed on the finished tax fee. I have some mutual fund that I have had for type of 10 years. the money does strengthen exponentially at the same time as it grows. It has no longer been starting to be too a lot at present. the only I have at present held the longest because 2002 it up a finished of purely 38%, dividends reinvested. A closed end fund that I have held because 1992 is up purely 40 2% dividends reinvested. the only i purchased lately--2006--is up about 18%. yet I have some different modern purchases which at the prompt are not doing properly in any respect. they're down heavily. Mutual money are certainly designed for the lengthy haul and in case you had requested this question about 2 years in the past you would have gained a lot more suitable encouraging solutions than you would gained on the prompt. in my opinion the perfect use of mutual money is presented in paying for mutual money that make investments in parts that someone with out particular understanding ought to no longer okay make investments in through oneself which include perhaps small cap stocks, micro cap stocks, and particular overseas markets which include China, India, and so on. i'm no longer a lot in want of boom money, value money, Blue Chip money, and so on. the substantial difficulty with those kinds are that mainly they have a lot money to make investments that they couldn't do an exceedingly good pastime of making an investment it for you. it is against the law purely about the position countless the Blue Chip money make investments their money. AIG, C, and GE gained an exceedingly great component of their funding money. Now that money is lengthy gone.

Answer 3

Mutual funds are great!!! Instant diversification!!! As state before make sure to avoid high expenses. And also you need to pick the right kind of share whether it be A,B or C. A you pay a front end load with minimal fees, B you pay a back end and C is a normally a 401k mf where you have high fees but no loads, A's are usually the way to go.

Answer 4

Did the mutual fund thing in the 90's. I was really unhappy with the results and I feel I wasted my money. Just buy yourself some good stocks that pay a nice little dividend. In the end, you will be much happier.

This is a nice place to start.
http://www.sharebuilder.com/

Answer 5

I like my mutual funds. Be careful it is easy to pick one with high expenses. I have mutual funds in Fidelity, Vanguard, and Janus.

Answer 6

good. define your goal (percent gain) and pick the fund(s) and forget them for a long time (months) and check back later (min 6 months or a year) Your goal can be set against S&P, large cap, small call, sector(s), bond, commodities (oil, gold, pork belly...) and the min is to measure against S&P..