I am 25 years old and looking to invest my IRA savings in a mutual fund or two for the long term.
Home | Investing | Blog article: I'm looking for a somewhat aggressive mutual fund to invest my IRA savings in. Suggestions?
I am 25 years old and looking to invest my IRA savings in a mutual fund or two for the long term.
kmclean48 1:07 pm on July 29, 2010 Permalink
Vangaurd 500 Index (VFINX)
Vangaurd World stock Index (Sorry do not know ticker)
Vangaurd Small Cap Index
Over the long haul it is extreamly difficult to beat "the market" in investing and the longer your bet is the more difficult it becomes. Only a handful of individuals have done it. (Warren Buffet, etc.).
As such, the only smart play is small expense ratios. The ONLY item you have any control over is how much you pay for the fund and Vangaurd is the king of cheap index investing.
SMEAC 1:07 pm on July 29, 2010 Permalink
Mutual funds, like all stock market investment,involve risk,and getting in when the market is at an all time high compounds that risk.This link may help http://charting-the-market.com/
jebediabartlett 1:07 pm on July 29, 2010 Permalink
Aggressive?.. You can try EUROX and/or FEMKX… both in slightly risky areas ( need a little watching) but both up well over 120% last three years…and nothing about the markets they’re in has changed very much….EUROX ( Eastern Europe , heavy in energy)…FEMKX ( many of the developing countries in the world )
Matthew S 1:07 pm on July 29, 2010 Permalink
I would recomment Ivy Global Natural Resources (IGNAX). It invests in energy and natural resources and has a great track record.