|
| Given the current market conditions, what are some interesting ideas for investing money that has a high return potential, but can be volatile?
I am interested in a mutual fund for this purpose. International emerging markets?
Thanks |
Follow-Up Postings:
|
- Posted by dreamgarden (My Page) on Mon, Nov 12, 07 at 13:03
| You might want to check these articles before making a decision. The 'word' on the street, is to buy ETF'S instead. 'Sell all your mutual funds!' (Yes, all!) Mutual funds are for losers (Page 1 of 4) |
|
- Posted by kitchenshock (My Page) on Mon, Nov 12, 07 at 15:12
| ETF's are the way to go vs a mutual fund IMO. You get all the benefit of mutual fund without the costs. A mutual fund is like public company CEO compensation...they get paid way too much whether they make or lose a ton of money. |
|
| Should have bought Canadian oil stocks, 4 years ago. When U.S. 65 cents bought Cdn$1.00. Kept them through appreciation over the past 4 years. Now repatriate them (if you think that a good idea). Each Cdn$1.00 buys US$1.03. I think JNJ has increased div. annually through the last 40 years or so. ole joyful |
|
- Posted by behaviorkelton (My Page) on Tue, Nov 13, 07 at 9:34
| I'm excellent at buying at the wrong time... I bought into the market at near it's peak ('99-2000), and bought a house at the end of the real estate peak! (Luckily, I bought a rather inexpensive house...so hopefully, I won't suffer too much) Regarding ETFs: On the other hand, there are mutual funds that have low expenses and do not have a fee for buying them. Most brokerages have certain mutual funds that charge nothing for the initial purchase nor do they charge for subsequent purchases into the fund. On another note: Specifically, I like to know how much is invested in developed markets as opposed to emerging. Is there a web site that does a better job of it? BTW, Vanguard is one of the few companies that makes it easy to determine. |
|
- Posted by kitchenshock (My Page) on Tue, Nov 13, 07 at 10:39
| The best thing about ETF's is they trade like stocks. You can get in and out in a day. You also do not suffer the tax consequences when they throw off large gains, like a mutual fund. Mutual funds have fees either on the front or back end that will get you. Assuming since you mentioned the cost of buying ETF's that you are with a full service broker, you need to ask them about a trading account. Most of them charge a flat fee for unlimited trades. When I was with Morgan Stanley they charged 1/4% of total assets in the account each quarter or $250. If you buy something you want to hold for a long time, you just have it journaled to a holding account and avoid the quarterly fee. The other option is trade through a discount brokerage and pay the low fee per transaction they charge. I put a few links in here that you can use to get more information on them or look at their holdings. Yahoo also has an ok ETF page. If you are with a major brokerage they probably have an ETF center as well. http://www.etfconnect.com/ |
Here is a link that might be useful: Link
Please Note: Only registered members are able to post messages to this forum. If you are a member, please log in. If you aren't yet a member, join now!
Return to the Household Finances Forum
Instructions
- You must be a registered member and logged in to post messages on our forums.
- Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review the contents and make changes.
- After posting your message, you may need to refresh the forum page in order to see it.
- It is illegal to post copyrighted material without the owner's consent.
- HTML codes are allowed in the message field only.
- No advertising is allowed in any of the forums.
- If you would like to practice posting or uploading photos, please visit our Test forum.
- If you need assistance, please Contact Us and we will be happy to help.