Invest in Fidelity, Vanguard, T.J Rowe.... or something can you do all three? Is there anything that prevents you after you purchase or is it a good idea to do that?
2007-02-23 12:41:01 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
can you get a mutual fund from each company?
2007-02-23 12:41:33 · update #1
Yes you can buy funds from any fund provider. Keep in mind there are 4 types of Mutual Funds. 1. Loaded funds. 2. No Load funds with a transaction fee 3. No load funds no transaction fee, usually the fund will require you to hold the assets in the fund for a set time frame 4. Mutual funds you purchase, for example T Rowe Price are no load funds they never charge a fee to purchase thier own fund, but some funds require you to hold the assets in the fund for a set time frame. Uusally it's 3 to 6 months depending on the fund.
2007-02-23 13:01:46 · answer #1 · answered by Thomas Z 2 · 0⤊ 0⤋
Yes, you can have funds from every company. But it would make everything more complicated. Each of the three you listed have a large selection of diversified no-load funds to choose from. Find ones with a good long term manager and return history. Most funds don't beat the S&P index (Vanguard has a good S&P index fund) A very few do. choose wisely.
2007-02-23 14:02:53 · answer #2 · answered by shiftsuper175607 4 · 0⤊ 0⤋
sure you can as long as you have the minimum amount to purchase them but I like no load funds (they do not charge a fee for buying or selling them) better.
2007-02-23 13:02:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋