What's a good Mutual fund to get into?

Question

Long term investment

Answer 1

First you need the answer to the following;
What is your definition of "Long Term"?
Do you have an "asset allocation" plan... if not... do it!
What is your "risk tolerance"?
There is no "best" mutual fund. Everthing depends on the above. Read a couple of books on investing in Mutual Funds.

Try to stick to no-load, low fee funds from fund families like;
Vanguard, T.Rowe Price, Fidelity, Dodge & Cox and dozens more. NEVER INVEST IN ANYTHING YOU DON'T COMPLEATLY UNDERSTAND.

Good luck. Once you get going... you'll see how really basic it is to invest in mutual funds (with a "plan")!

Answer 2

Depends on your actual time horizon ( 5 yrs, 10 yrs etc...). If you need the money right away then park in a money market fund. If not then explore "no load" mutual funds such as Vanguard, T Rowe Price or Janus. You can look up there performance at either there respective websites or at Yahoo Finance by putting in the ticker symbol. For example, Janus Mid Cap Value (JMCVX) has been up in double digits (%) record over the last 7 out of 8 years. Good luck.

Answer 3

Here's a page for finding a good good mutual fund to invest in:
http://www.best-stock-trading-systems.com/mutual_fund_ratings.html

Answer 4

start out by looking at http://www.smartmoney.com they recently announced the top 35 funds. Good Luck.