• bfdavis1972 11:57 am on March 9, 2010

    Let’s talk about trustworthy companies first! :) Two that spring to mind are Fidelity and Vanguard. Neither of them got bad press during the mutual fund scandals back during 2000-2002 for allowing high-dollar client’s to break the rules. American Funds didn’t either, but they charge loads and I don’t like loaded funds.

    When it comes to the specific fund to invest in, you need to do a little research. While both companies have a large number of some really good mutual funds-which fund makes the most sense for YOU? Are you investing in the short term or more long term? Is this for retirement or for some other goal? Do you need something that pays attention to taxes, or does that not matter? I would suggest doing a little research on the companies, then giving them a call for more help. They both have investment specialists who can help you with making a decision. Good luck, and have fun!

  • BRNN8R 11:57 am on March 9, 2010

    Why don’t you try iShares IVV ETF. It tracks the performance of the S&P 500 US market. Also, It only has an expense ratio of 0.09% which is very reasonable. Some mutual funds can charge around 1% and you are accountable for any tax on trades mutual fund managers make whereas you’re not on an ETF (Exchange Traded Fund). There are some other ETFs on there as well. I quite like EWA which tracks the Australian market.

  • Keiran T 11:57 am on March 9, 2010

    Here is a video that I have found to contain some good information

    http://www.investmentintelligence.com.au/cmd.php?Clk=2208474

  • src50 11:57 am on March 9, 2010

    Vanguard, T. Rowe Price, Dodge & Cox, American Funds and PIMCO are among the best. Stay with no-load funds and watch the expenses.