Morning Star – I like that. Stockmonthly is new to me. Diversity is good. Thanks to all for your insightful comments!

 

  • muncie birder 10:20 am on September 9, 2010

    Making a recommendation of a mutual fund for long term investment is not something that is easy to do. The problem is that the future is too uncertain. A fund that looks great today may not look so great 5 years from now.

    If I had to recomment one I would recommend one that had world wide investments so as to offer maximum diversity.

    Actually, a portfolio of several mutual funds would offer you better diversity, less risk, and greater opportunity for achieving good results.

    Go to Yahoo finance mutual fund screen program and screen for Morningstar 4 and 5 star rated funds. Here is a place to begin.

    http://screen.yahoo.com/a?cc=&nm=&proy=&mgrt=&rtmin=4&rtmax=&retrmin=&retrmax=&risrmin=&risrmax=&trytd=&troy=&trty=&trfy=165%2F&mii=%2F5000&mfl=0&er=&namin=&namax=&tomin=&tomax=50&mmcmin=&mmcmax=&vw=1&db=funds

  • Socrates470BC 10:20 am on September 9, 2010

    The fool web site has some interesting comments on mutual funds and offers a premium service which will cost you $30. The information there should be sufficient to point you in the right direction.

    Now mutual funds do come with risk, and they are not particularly exciting. You put your money in and after 20 years you may have a sizeable chunk of cash.

    However, you could decide to split your funds putting half in mutual funds and looking for a better return with the rest.

    Although this method will not appeal to everyone, a system that has returned 49%p.a. over the past 15 years is definitely worth a look.

    The Stocks Monthly System shows you exactly which stocks to Buy, When to Buy and When to Sell. You just follow the system.

    If you had done exactly this for the past 15 years $10,000 would have grown to $4M. Not bad for a simple easy to understand system.

  • cheryl f 10:20 am on September 9, 2010

    I have an opportunity for you to invest just $55 a month, and see a return within a few months. Check it out at: http://www.myberrytree.com/bt53020

  • El Guapo 10:20 am on September 9, 2010

    If you have to choose only one, I would go with an S&P 500 index fund. Every fund company has one of these, but Vanguard has the lowest expenses.

    If you have enough to spread over some other funds (at least $10K), I like the T. Rowe Price Real Estate fund (ticker: TRREX), and the T. Rowe Price International Equity Index (PIEQX).

    These last two will give you some good diversification, since real estate and international stocks have low correlations with the U.S. stock market.

    I hope that helps. Good luck!