With the recent significant falls in the dow, is now an ok time to go forth with new investments. Is this a trend that will likely continue? Or is this something that was likely just a market correction of some type, and we are still on a good path. The new investments to which i refered are some mutual funds based in the us, some are based on companies outside of the us. Any opinions on the best, high return, slightly elevated risk, mutual fund?
2007-01-30 01:39:48 · 4 answers · asked by icyblue1986 3 in Business & Finance ➔ Investing
You've got to start thinking " long-term"...the recent drops in the Dow are nothing , just everyday " actions/volatility"
Sooner or later there will be more serious corrections, but you can't let that faze you...in the long run, well run funds and major companies overcome even 10% corrections in a years time.
If you put the bulk of your investments in a "balanced" fund with a reputable company ( Fidelity, Vanguard,T.Rowe, etc) you'll do fine year over year....if you want a little more risk for bigger returns invest 20%-30% in REIT's ( CT, IGR, RWT,EPR) or real estate focused mutual funds ( FRESX) or get some international investments with ETF's (EWZ, FXI, EZA,EWC) or "global" mutual funds ( VHGEX, FEMKX,EUROX), the last avenue of surviving fluctuations is big companies that pay nice dividends... PCU( Southern Copper) pays 10% annually whether the markets are up or down !!
It is always " a good time to invest"...but always with caution and a plan. Your money will not grow under the mattress or at the bank. Best of luck. I hope there's an idea or a thought somewhere in there you can use!
2007-01-30 03:08:49 · answer #1 · answered by jebediabartlett 6 · 0⤊ 0⤋
The dow will have a major correction this year, as it's stocks are trading to high on the Price to earnings basis
The economy is slowing, and this will effect the dow.
But That is my opinion.
Best place for 10% of your money, usually very risky, but I think it is the best bet this year.....Starting at end of February, Buy a precious metals mutual fund,,,use only 10% of your investment money
2007-01-30 11:47:22 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋
There have not been significant falls in the Dow. There are always stocks to buy & some to sell short as every possible are, country, commodity, business, etc is covered. ADX PEO EWA PGJ EFA all fine. Last 3 intrnationally exposed.
2007-01-30 10:42:53 · answer #3 · answered by vegas_iwish 5 · 0⤊ 0⤋
It's a very good time to invest, know the stocks and track their preformance. good luck.
2007-01-30 09:47:25 · answer #4 · answered by silkieladyinthecity 3 · 0⤊ 1⤋