Mutual Funds have holdings. You want to find out what they hold and place values on what they hold if you want some control over what you are buying. If you think that the holdings are overvalued, then get out or don't buy. Mutual Funds hold many stocks, so you want to figure out if the average of the holdings is gonna bring you a profit either now or at some future time while you are invested. If they don't do that, why invest at all?
2007-02-18 08:04:55
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answer #2
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answered by Anonymous
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There are literally thousands of them.
Do some research. Check their returns, year to date, one year return, 3 year return, etc.
Do some reading, like Money Magazine, Yahoo Finance, and many other financial websites.
There are a lot of Exchange traded funds (ETF's) out there that you can buy directly through Scottrade or Ameritrade or any of the other on-line brokers. Or, you can buy direct from Fidelity, Vanguard, Oppenheimer, etc.
I was in the grocery store yesterday and one of the magazines on the shelf (I think it was Money) had the top 20 rated funds on the cover this month.
2007-02-18 07:24:29
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answer #3
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answered by Faye H 6
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