Mutual funds invsting.

[omega366]

what are some good funds to invest in focusing on healthcare, pharmcutuals and oil/enerygy sector?
do you think these sectors will have good returns for the long term future?

 

[thebenjamins]

should have reasonable returns, if they arent overvalued as of now.

 

[DeeKnow]

as a general rule, mutual funds are a bad idea

it is unlikely you will earn more than you would buying an index, but you will pay dearly for the privilege of letting a clueless young banker play with your money at your risk..

 

[DaveSimmons]

As a general rule, actively managed mutual funds will return less over time than an index-based mutual fund based on the S&P 500 such as Vanguard's VFINX.

Most people will recommend having some money in actively-managed funds for diversification, but an S&P500 fund is a much better first investment.

See www.Vanguard.com, www.fool.com, and search archived threads for "invest"

 

[rufruf44]

Just buy Berkshire Class A/B share and be done with it.

If you want to buy into index fund, spend some time and study the ETFs. They might be cheaper than the index funds you're interested at (depend on $$$ invested).

 

[Sealy]

Just make sure, you go with a financial advisor/planner of an investment company. The banks, in general don't have a lot of knowledge and tend to lock your money up in things that are more beneficial for them, not you. With a financial advisor/planner, you will get a lot more knowledge, and they will have a wider range of investment plans for you.

It does'nt cost anything to talk to them! 🙂

 

[DeeKnow]

Originally posted by: Sealy
Just make sure, you go with a financial advisor/planner of an investment company. The banks, in general don't have a lot of knowledge and tend to lock your money up in things that are more beneficial for them, not you. With a financial advisor/planner, you will get a lot more knowledge, and they will have a wider range of investment plans for you.

It does'nt cost anything to talk to them! 🙂

sure... just like window-shopping costs nothing...
but unless you have 50k + to invest, an investment planner won't be very useful for you

you're much better off reading motleyfool.com

 

[kage69]

I make a bundle every month from tax-free municipal bonds. Highly recommended. :thumbsup:

 

[Passions]

Originally posted by: kage69
I make a bundle every month from tax-free municipal bonds. Highly recommended. :thumbsup:

Which schools did you invest in?

 

[Sealy]

Originally posted by: DeeKnow

Originally posted by: Sealy
Just make sure, you go with a financial advisor/planner of an investment company. The banks, in general don't have a lot of knowledge and tend to lock your money up in things that are more beneficial for them, not you. With a financial advisor/planner, you will get a lot more knowledge, and they will have a wider range of investment plans for you.

It does'nt cost anything to talk to them! 🙂

sure... just like window-shopping costs nothing...
but unless you have 50k + to invest, an investment planner won't be very useful for you

you're much better off reading motleyfool.com

Well my husband is a financial advisor so I do know a thing or two about how the business works. He's gone to many appointments, just to show them there options and it Does Not cost anything. Even his commissions do not come directly from the investment money. Indirectly of course, but if you have 20K to invest, then that's exactly what you invest!

Of course this is in Canada....so it may work differently in the States.

Oh and if it's a reputable financial advisor, they invest all different kinds of amounts of money, I know for a fact that my husband does. It's the banks that try to brain wash you into thinking investment companies only want to take care of the millionaire client. There might be some advisors out there like that, but not all of them are. 🙂

 

[Taggart]

Vanguard VFINX!