Does anyone have any suggestions for growth that invest in U.S. ?

 

  • muncie birder 3:58 pm on March 17, 2010 Permalink

    If you go to Morningstar.com they can give you a lot of recommendations.

    http://screen.morningstar.com/Compare/Fund/FundCompareResults.html?currview=default&CriteriaList=PresetFund:Large+Growth~PresetFund:Mid-Cap+Growth~PresetFund:Small+Growth~

    But you should be very careful of growth funds. They can be extremely risky in a bear market, moreso than other funds because they are chocked full of very high pe stocks, which during a bear market tend to fall a lot.

  • Mary Ann V 3:58 pm on March 17, 2010 Permalink

    I am going to give you suggestions, look at them all closely and make an informed decision.

    There was a time when mutual funds were good investments. And some of them still are, however, about 75% of them under perform the market. All of them have management fees, and some have sales loads.

    There are still good mutual funds available, but if they don’t out perform the market, what is the purpose of paying a management fee.

    Another option is an ETF. They are basically the same as mutual funds, except the overall expense rate is lower on average.

    And finally, you might consider a DRIP Plan.

    They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

    The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp…….etc……..

    They are inexpensive to start and maintain, and your dividends are reinvested for free.

    They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.

    I hope this helps. Good Luck.

  • Jay J 3:58 pm on March 17, 2010 Permalink

    When you sign-up with a trading platform you will be able to screen funds based on your criteria such as domestic large growth that outperformed the market. However, I am not a big fan right now of mutual funds. I think if you have the time a diversified stock portfolio is the way to go. No fees is a great thing. Just remember to invest with care and do your homework.

  • Tony D 3:58 pm on March 17, 2010 Permalink

    I probably would not buy US growth funds because most US
    companies aren’t growing much at all.The growth is occurring in ROW(rest of world). However,if you do buy such a fund,I would suggest buying it through an AIP-an automatic investment plan where an equal amount of money is invested monthly.

  • exactduke 3:58 pm on March 17, 2010 Permalink

    I agree with muncie* about using morningstar’s screening tools to find a good growth mutual fund. But I would also pair it with a good value mutual fund.
    Check out Vanguard’s Prime Cap Core VPCCX for the large cap growth portion of your allocation.