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i asked a ques about this before, but im 18 (at the current moment will only have 1100 to invest, but will be adding to it)...the only fund im eligible for is the star fund


does anyone know/have experience with this mutual fund and think it is a good idea to start investing in it, oir shoudl i wait until i have the 3,000-4000 minimum for the other vanguard funds to get higher returnsi asked a ques about this before, but im 18 (at the current moment will only have 1100 to invest, but will be adding to it)...the only fund im eligible for is the star fund


does anyone know/have experience with this mutual fund and think it is a good idea to start investing in it, oir shoudl i wait until i have the 3,000-4000 minimum for the other vanguard funds to get higher returns

2007-07-23 17:41:22 · 2 answers · asked by Anonymous in Business & Finance Personal Finance

2 answers

First of all, if you are working, you should open an IRA account.

This particular fund is diversify enough: bond, stocks, mutual funds. For beginner, this is a good mutual fund to invest. And this has no purchasing and no sale fee (no load fund). That is great.

You should invest now. However, you are relatively young. You should invest slightly heavier on the growth/value mutual fund. When you have additional money to invest, you should seriously consider other mutual funds.

Official BS

Who Should Invest

* Investors seeking a reasonable level of income and long-term growth of capital and income.
* Investors with a long-term investment horizon (at least five years).

Who Should Not Invest

* Investors unwilling to accept significant fluctuations in share price.
* Investors seeking maximum long-term growth of capital.

2007-07-25 07:27:29 · answer #1 · answered by naekuo 7 · 0 0

i'm a great fan of the celeb fund. this is fairly good for brand spanking new traders as a results of fact it spreads its investments between great, small and distant places inventory money and bonds and easily has a $a million,000 minimum to start. I placed the two my daughters investments interior the celeb Fund and that they have got been including to it each and each three hundred and sixty 5 days. As your components develop and your awareness of investments will strengthen you are able to branch out into their different money. the rationalization the celeb fund's return isn't as severe as another is while you evaluate this is way less risky. do no longer chase cutting-edge overall performance the money which have been warm the previous couple of years could have a turn on the backside. forefront is likewise a great corporation. you are able to examine fund rankings on Yahoo finance - mutual money, good success

2016-10-22 12:10:06 · answer #2 · answered by ? 4 · 0 0

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