Question : What is a good mutual fund to put my money in?
I'm a 24 year old recently graduated from college and got a job.. I want to start saving up and while the money is not being used for anything, I though I might as well put it to work. So what is a good mutual fund to put my money in?
- asked by Carbonbased Lifeform
All Answers:
Answer #1
your question should be, "what is an appropriateasset allocation for someone my age and risktolerence?". if you really want to make money,forget the words "mutual fund". look into indexfunds and ETFs. funds matter not. assetallocation makes up abut 95% of a portfolio'sreturns over the last 50 years or so. it took meabout 5 years out of college to learn this thehard way. check out ifa.com, ishares.com, andvanguard.com.happy investing.
- answered by myersei
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measure and fulfill your financial needs
