Replies: 32
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All-TigerNet [13310]
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Mutual Fund advice
Nov 16, 2020, 9:16 PM
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Anyone have a Mutual fund approach that is solid, low on fees and easy to set up, watch and make adjustments on your own?
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110%er [5292]
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Re: Mutual Fund advice
Nov 16, 2020, 9:19 PM
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i am tired tonight. How can you repost tomorrow so i can answer then?
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Hall of Famer [20120]
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Re: Mutual Fund advice
Nov 16, 2020, 9:20 PM
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T-mail me. I've got just what you're looking for. Can't miss opportunity! Don't hesitate.... Call Now!!! Operators waiting........
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Hall of Famer [22389]
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I plowed my life savings into a Haitian Growth Fund years ago...
Dec 19, 2023, 11:10 AM
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All-TigerNet [10134]
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Re: Mutual Fund advice
Nov 16, 2020, 9:24 PM
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Buy stocks In marijuana... or sell it! Just don’t do it. Oh and buy dozens of 1 oz gold bullion. You’ll thank me in 2.5 years under Biden.
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Recruit [85]
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Re: Mutual Fund advice
Nov 17, 2020, 8:20 AM
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Saw some old game show host hawking gold yesterday on tv. he claimed 12,500 invested in gold in 1976(?) would be worth over 100k now. But 9,600 invested in MSFT on 11/21/91 is worth 1,042,704 today
If you're long term in funds go for aggressive growth large cap. That will put you in the FANG stocks plus some others. My Invesco and Fidelity funds(VAFAX and FAGOX) have averaged over 9% for the last 27 years.
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CU Medallion [58076]
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All-In [40141]
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^^^This, Vanguard S and P 500. Invest enough or long enough
Nov 16, 2020, 9:47 PM
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and you'll get Admiral shares which are quite low
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Scout Team [162]
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Re: ^^^This, Vanguard S and P 500. Invest enough or long enough
Nov 16, 2020, 11:11 PM
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Not a mutual fund but you could also look at VOO s&p 500 etf. Expenses are lower than s&p 500 mf admiral shares and you dont need a certain dollar amt to get the lower expenses.
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110%er [9903]
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Re: Vanguard
Nov 16, 2020, 11:19 PM
[ in reply to Vanguard ] |
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I’ll chime in my 2 cents in support of TS’s recommendation.
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All-In [40974]
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That's what I recommended my kid start out with
Nov 17, 2020, 2:26 PM
[ in reply to Vanguard ] |
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she has been in it 2 years now and obviously pleased.
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All-In [40974]
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Another option is ETF
Nov 17, 2020, 2:32 PM
[ in reply to Vanguard ] |
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they are basically mutual funds but trade like stocks if you want to gear toward a different index
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Orange Blooded [2002]
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Re: Vanguard
Nov 17, 2020, 5:11 PM
[ in reply to Vanguard ] |
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100% of my retirement is gping into an s&p fund at the moment. I'm 41 years old and can afford to be aggressive, if your closer to retirement you may want to mix in some bonds as well.
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All-In [44181]
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LOL, you’re asking for investment advice on TigerNet?
Nov 16, 2020, 9:33 PM
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??
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CU Medallion [58076]
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Blue Horseshoe loves Anacott Steel***
Nov 16, 2020, 9:34 PM
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All-In [44181]
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Re: Blue Horseshoe loves Anacott Steel***
Nov 16, 2020, 9:44 PM
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All-TigerNet [13310]
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All-In [44181]
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I was just giving you a hard time.
Nov 16, 2020, 10:09 PM
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I agree with the index fund advice. S&P 500 is good, as is the QQQ. You can’t go wrong with those, as they combine the success of the top companies.
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Legend [16631]
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110%er [6216]
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Re: Mutual Fund advice
Nov 16, 2020, 9:53 PM
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The oldest story in investing: How can you make one million dollars quickly? You start with two million dollars...
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All-In [36447]
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Buy spurtles***
Nov 16, 2020, 10:07 PM
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Orange Blooded [2541]
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Re: Mutual Fund advice
Nov 16, 2020, 10:18 PM
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S&P 500 Index Fund. It has out performed most mutual funds.
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110%er [5075]
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Re: Mutual Fund advice
Nov 16, 2020, 10:39 PM
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As an investment advisor of 26 years, I think you should....
No, I don't want to lose my license by doing this over Tnet!
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Starter [354]
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Thurston Howell sez
Nov 17, 2020, 9:15 AM
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Amalgamated Stock
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Legend [16654]
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I have personally had great luck with some of the American
Nov 17, 2020, 9:28 AM
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funds. I like the ones that have some dividend stocks as a part of the group.
You can manage your own stuff through something like TD Ameritrade, Merrel Lynch, or the like.
Just do some reasearch on the type of mutual fund you are looking for. Growth, Income, By Sector, whatever. There are lots of articles on the top picks in each of the categories. Pay attention to the fees like you mentioned. But sometimes a little more fee gets you much better performance.
Decide your risk comfort, your goals, what makes you feel good, and let it rip!
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All-TigerNet [12332]
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Buy Ammo...
Nov 17, 2020, 9:47 AM
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There is way more demand than supply and it will remain so for the foreseeable future.
Ammo also has the added benefit that if the great apocalypse happens it will be more valuable (through it's application or trade) than any currency or coin in getting everything else you need in life. If the great apocalypse doesn't happen - you can also have fun just blasting rounds at the range...
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Legend [16654]
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Hard to go wrong with ammo! And hey, it is getting on
Nov 17, 2020, 1:43 PM
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toward the Christmas season...........
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CU Guru [1683]
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Re: Mutual Fund advice
Nov 17, 2020, 12:38 PM
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When the market tanked due to Rona, I moved a heavy stash into contrarian funds (seeks to invest in undervalued companies). Obviously it did VERY well. It’s a unique time to invest. The market is at or near all time highs. The “changing of the guard” will likely have a negative impact due to increased corporate taxation, but the COVID vaccines coming to market may offset that. The old advice of a blended fund doesn’t currently work. Bonds are devastated when interest rates rise. Interest rates are at record lows and the only movement can be up,, so you can’t go with bonds. Where does one park their money? In the coming weeks I will likely move 50% of my investment into S&P 500 and hopefully get decent dividends, and place the other half into a market fund that earns just enough to hedge against Inflation. On the bright side, I will have “available cash “ to swoop in on deals after a market tank/correction. On another note: I have also considered buying a few shares of Berkshire Hathaway and letting them worry about it.
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Legend [16891]
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The good thing about Berkshire Hathaway is
Nov 17, 2020, 12:55 PM
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They're flush with cash...incredibly so.
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Orange Blooded [2002]
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Re: Mutual Fund advice
Nov 17, 2020, 5:16 PM
[ in reply to Re: Mutual Fund advice ] |
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If you can afford BRK.A which is currently at 350k a share I'm pretty jealous of your retirement portfolio.
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CU Guru [1683]
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Re: Mutual Fund advice
Nov 17, 2020, 11:40 PM
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Didn’t happen overnight. That’s 25 years of socking away 10-15 % of salary toward retirement.
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CU Guru [1812]
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Re: Mutual Fund advice
Nov 17, 2020, 2:22 PM
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Um, yes.
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CU Guru [1686]
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Re: Mutual Fund advice
Nov 18, 2020, 11:21 AM
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On a serious note, invest with fidelity. I have had good results with them. It's a decent time to invest but wait until the market drops to buy in.
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Replies: 32
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