What is a good mutual fund to invest in?

Question

I am looking to invest in a mutual fund. Do you now any mutual funds with consistent high yields?

Answer 1

Check out Vanguard.com they are by far the lowest in charging fees for mutual funds and are very well known. They will also be able to answer all your mutual fund questions.

Stay away from any load funds and also for a beginner just stick with a simple index fund that is passively managed and just follows an index as opposed to an actively managed fund that will be more expensive.

Answer 2

for open end mutual funds Vanguard GNMA fund has a consistent yield around the mid 5% mark. For higher yields, I go to closed end funds. Preferred stock funds (one example from the Nuveen family, is JQC, preferred and convertable fund 2 yields 8%) have been good to me. No guarantees for the future however, do you own research.

Answer 3

I would not recommend any mutual funds. The majority of mutual funds charge too high fees. I would recommend that you look at ETF (exchange traded funds which achieve the same goals with generally lower fees).

If you are looking for YIELD, i.e. current income from your investment I would recommend the Ishares Dow Jones REIT Index ETF, the symbol is IYR and it trades on the AMEX. It consistently pays greater than 9 percent in dividends per year. The dividends DO NOT qualify for the preferential dividend tax rate and are taxable as ordinary income.

The current price of IYR is approximately $85.24 per share.

Answer 4

Mutual funds are a aspect of the previous. the prices to enter, to go out, and to maintain take many of the salary. Over $1T have left mutual funds and are not invested in ETF's. a lot less confusing to change ETF's and the prices are a lot less. by no potential purchase Mutual funds via an entire service broking service.

Answer 5

There is no best fund. Understand what you need. Learn "Asset Allocation", understand expenses for a Mutual Fund. Use Morningstar as a guide. Don't rely on the "star" rating system. Know your risk/reward needs and limitations.

In other words: Read and Learn.

Answer 6

If you are a new investor you can invest via the systematic investment plan (monthly) in any of these top schemes;
1. Reliance Growth fund
2. HDFC Equiity fund
3. Templeton Bluechip fund
4. Fidelity equity fund
5. SBI Magnum global fund

Answer 7

I recommend the Vice Fund.

Answer 8

People are now saying EFT's are better than Mutual Funds.

Answer 9

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