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Can someone recommend a good mutual fund?

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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:26 PM
Original message
Can someone recommend a good mutual fund?
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burrowowl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:27 PM
Response to Original message
1. Buy gold coins
put your money in coffee cans and bury them in your yard.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:29 PM
Response to Reply #1
3. And when I unbury it years later...
will it have doubled??? Maybe I could get my dog to pee on it for fertilization ;)
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burrowowl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:34 PM
Response to Reply #3
11. At least you will have some dollars
unlike if you had a 401k or mutual fund.
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Jara sang Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:28 PM
Response to Original message
2. how about a large cap growth fund? n/t
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:30 PM
Response to Reply #2
4. Say WHAT?
Just looking for a good company.
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Droopy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:30 PM
Response to Original message
5. Well I thought I might have a few for you
But I got to looking over my last 401k statement and everything I've got is taking a dive as far as growth goes. I'm still in positive numbers, but barely.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:33 PM
Response to Reply #5
8. I heard bond-based mutual funds are a good alternative
Especially if you're short-term investing (not sure if we are, yet.)
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:31 PM
Response to Original message
6. Are you serious? Or is this just a crazy lounge post for diversion?
:eyes: Seriously....
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:35 PM
Response to Reply #6
12. It's just a distraction, Koko... you just found me out!
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:13 PM
Response to Reply #12
22. Glad to know that..
Edited on Thu Jul-07-05 11:14 PM by KoKo01
:D..... On a serious note if you visit the "DU Marketeer" daily postings in LBN...you will sometimes find one or two of us who have postings that we keep our money in plastic "baggies" under our mattresses these days. One of the posters on the site even has resorted to putting the "baggies" with loose coins and paper in their "doggie bed." Not much interest or growth in money in "baggies" but it beats having the crooks and liars steal it, doesn't it?

:-)'s
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:32 PM
Response to Original message
7. The most trusted fund in the business.
The Evlbstrd National True Patriot MegaGrowth Fund.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:34 PM
Response to Reply #7
10. LOL! To where do I send my money?
Do you also sell Old Glory Unneeded Extra-extra Life Insurance?
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:40 PM
Response to Reply #10
18. Yep.
One of my biggest sellers.
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:33 PM
Response to Original message
9. Find a fund with consistant 8-10% yearly average growth.
Use a monthly PAC, and hold it. Time is the only way,there are no get rich funds.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:35 PM
Response to Reply #9
13. A monthly PAC?
Eh?
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:41 PM
Response to Reply #13
19. They withdraw a fixed amount from your checking account montly.
When the fund is high that'll buy fewer shares,when the fund is low that'll buy more shares. Have patience at 8-10 percent your money will double every 7-9 years.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:36 PM
Response to Original message
14. Not the best question Writer
because anyone related to the business will be specifically prohibitted from giving anything resembling investment advice over the internet. It's a real big no no.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:39 PM
Response to Reply #14
16. Well, gosh, can't a fellow DU'er who also invests recommend something?
I do have a financial planner but he works for commission. A little free friendly advice won't hurt.
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Floogeldy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:37 PM
Response to Original message
15. I'm sure someone can.
I have no idea if they are on this board and willing to respond to your post, because they are afraid they might get sued, or something, if they are licensed and give out advice that might be considered illegal, like Martha Stewart, or something, because they can be traced by the FBI and go to prison, or something, if anything improper is done in a legal fashion, or something along those lines, so they say, or negligently communicated, unspecifically without intent, in the realm of things, not knowing the future, unless one is a psychic stock broker, which is weird.

B-)
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:37 PM
Response to Reply #15
23. It seems you are seriously seeking advice,
and since you've been cautioned that no one should be giving you advice here, because of ethical questions...here's what I would pass on, for what it's worth.

Take Droopy's advice. Anything anyone tells you on a message board is going to have their own interests.

And, listening to CNBC at this point will screw up your head. If you really are interested and feel clueless start doing research. A good start is Suzy Ormond's books on investing. Google her. Then do some Googling on "How to Invest in Mutual Funds" and find a site that isn't selling you something. You might have to scroll through a couple of pages. Also read the DU Marketeer site for a month and you will learn alot.

With the huge National Debt/Deficit and the market hype and the crooks & criminals rampant you want to be safe. If your company offers Mutual Funds or CD's or "Fixed Interest" funds check them out.The return might be low for now, but until you do your own research better to be "safe than sorry." If your company forces you into certain funds go check the individual funds out on "Yahoo Finance" site where you can put in the name of the fund and read what it's invested in and it's performance with a Chart over the past two to five years to infinity (depending on how long it's been around.) Check the pull down menu for "Holdings" that the Fund invests in (i.e. individual stocks it holds) and then look up each of those stocks and check the 2 to 5 year performance and see if you want to own the stocks the fund invests in. :shrug: Good luck.



http://finance.yahoo.com/?u

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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:48 PM
Response to Reply #23
28. Thanks much, KoKo. I'll certainly do a lot of research...
:)
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MuseRider Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:40 PM
Response to Original message
17. Have you looked at
socially conscious mutual funds? Long ago I switched to them.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:42 PM
Response to Reply #17
20. I have heard of that...
and actually, I think it's a lucrative idea, because I think those types of stocks will be the future.
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MuseRider Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 10:47 PM
Response to Reply #20
21. It certainly feels good
not to be supporting Raytheon. My money guy was not too keen on my choice to do this because they seem to do slower growth but I do not care. No defense contractors and nobody will ever convince me that it is a win for me to use them to make money. I have felt very good about it since I switched. There are quite a few to choose from too.
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lildreamer316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:42 PM
Response to Original message
24. Loving American Funds.
Have done very well for me. No flaming from anyone else, please; it was inherited money so I can't very well move it from where it is.
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:44 PM
Response to Reply #24
25. Actually I have other investments with them...
(should I be revealing this info?)

Hrmmm...
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lildreamer316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:45 PM
Response to Reply #25
26. Not unless you give an acct no. n/t
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Writer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:46 PM
Response to Reply #26
27. Well here's mine!
Kidding, of course. Really, that's cool that you found something you've been having luck with. Any specific product you like?
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lildreamer316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-05 11:52 PM
Response to Reply #27
29. mmmm; I would have to go
check my prospectus. I'll drag it out and see if I can point you in a good direction.
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