Say if you had about 232,000 what would you invest in?
2007-02-25 09:08:34 · 8 answers · asked by Sigurros 5 in Business & Finance ➔ Investing
If you don't have a lot of time to pay attention and be involved in your investments, mutual funds are a pretty good choice, but you have to pay small percentage because there is someone who is managing the investments in the fund for you and the other holders.
If you have the time to be actively involved and to monitor your investments, I would get an on-line brokerage account and invest in stocks.
Either way, good luck.
2007-02-25 09:29:33 · answer #1 · answered by Patrick 5 · 1⤊ 1⤋
Some are good, some are bad. Some are good for a while and then slip and some are worse than average then improve.
Most performance depends on the class of fund you invest in.
You have funds that search for growth, or value, or foreign stocks, or sector stocks like Internet stocks etc. etc. There are thousands of funds to choose between - pay attention to their expenses expressed as a percentage - and their stock turnover percentage as well. You don't want to pay higher expenses than necessary or buy into a fund where the managers are buying and selling stocks continuously.
The best place to start is an index fund because it isn't actively managed. It has a "pre-set format" which is the components of the index.
The costs are low and the performance goes with the overall market performance. Check out these two sites to decide what to buy and what to avoid!
2007-02-25 09:26:54 · answer #2 · answered by rarguile 6 · 2⤊ 1⤋
Yes, low cost, no-load mutual funds are a good investment for busy investors. Ignore short term performance and focus on:
1) Low cost basis. Anything above 1% is rather high. Most index funds fall around or below 0.2%
2) Fund manager's experience
2007-02-25 09:51:25 · answer #3 · answered by Tim S 5 · 1⤊ 0⤋
Not all are, but most of the big recognizable names run decent funds. I'd stay with an index fund such as and S&P 500 fund with the bulk of the money, maybe take a punt with a few thousand in something wild for the thrill of it.
An alternative is to buy these ETF's and closed end funds ... SPY, RSP, and BEP. I personally like RSP and BEP.
2007-02-25 10:25:02 · answer #4 · answered by zxdfmlp 3 · 0⤊ 0⤋
Of course dude.
Mutual fund is a good investment..it for long term..
Check this site probably can help you to invest http://www.eaindex.com/CMGK2058
I will invest at this place!!
2007-02-25 10:00:41 · answer #5 · answered by Anonymous · 0⤊ 1⤋
I'd invest in stocks or real estate.
2007-02-25 09:22:38 · answer #6 · answered by zander1331 3 · 0⤊ 1⤋
No because, the retutn on them percentage wise is not big at all, but the only positive is that there are not restricyions on when you can take out your money.
2007-02-25 09:11:51 · answer #7 · answered by Orlando Knight 3 · 0⤊ 5⤋
yes
2007-02-25 09:16:04 · answer #8 · answered by Anonymous · 0⤊ 2⤋