• jebediabartlett 9:03 am on April 12, 2010

    Yup, you’re talking " apples and oranges"… a day trader looks for price/volume action in a very short period.. one/two days..( and companies that " run-up" one week may fall twice as far next week). For long term " holds" in mutual funds you are actually looking for a manager that invests in continuously profitable businesses ( hard to fill that "continuously" part …that’s why a manager is important…he/she buys and sells for you in a more " long -term" view than a day trader)

    A good place to find funds that perform is Investors’ Business Daily… different days they give performance of different types of funds.
    …or you can look up some of these…CGMFX, FLATX, FAIRX, ICBMX, FEMKX, EUROX, FLVCX ,

  • src50 9:03 am on April 12, 2010

    "Day traders" are the last people to ask for mutual fund investment advice.

  • Bob 9:03 am on April 12, 2010

    Mutual funds settle at NAV at the end of each day, and, therefore, can not be day traded.

  • mark 9:03 am on April 12, 2010

    Vanguard has good no load funds.. Go to Vanguard.com

  • A nobody 9:03 am on April 12, 2010

    To a day trader a long term investment is something that is open over night mutual funds are truly long term investments..

    There are thousands of people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

    Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website
    http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

    You could also contact the funds companies for more information. I have found that Vanguard & Fidelity can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful.

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