Comments on: Mutual funds? http://www.businessian.com/mutual-funds-5-46021.html Business Ian Magazine , Businessmen & Business To Business Guide Wed, 08 Feb 2012 08:42:38 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: fathead http://www.businessian.com/mutual-funds-5-46021.html/comment-page-1#comment-74454 fathead Thu, 29 Jul 2010 16:36:31 +0000 http://www.businessian.com/mutual-funds-5-46021.html#comment-74454 The choice of how aggressive or conservative your investment is really determined by your own ability to accept risk and still sleep at night. As many people are learning these last few weeks, losing money can induce stress if you are the fearful type. To research mutual funds I recommend you try www.morningstar.com and not only look at the fund stats but read some of their articles introducing you to investment. A few hours of reading will benefit you greatly. Since you probably can't resist jumping right in and looking at funds don't look simply at the historic returns. Also keep an eye on the "expense ratio" as this will tell you how much owning the fund will cost you. The choice of how aggressive or conservative your investment is really determined by your own ability to accept risk and still sleep at night. As many people are learning these last few weeks, losing money can induce stress if you are the fearful type.

To research mutual funds I recommend you try http://www.morningstar.com and not only look at the fund stats but read some of their articles introducing you to investment. A few hours of reading will benefit you greatly.

Since you probably can’t resist jumping right in and looking at funds don’t look simply at the historic returns. Also keep an eye on the "expense ratio" as this will tell you how much owning the fund will cost you.

]]> By: ratta f http://www.businessian.com/mutual-funds-5-46021.html/comment-page-1#comment-74455 ratta f Thu, 29 Jul 2010 16:36:31 +0000 http://www.businessian.com/mutual-funds-5-46021.html#comment-74455 Warning!!!! mutual funds that don't succeed will siphon off your hard earned dollars. There was a guy who just posted today on how he lost $80,000 investing in Pacific Rim mutual funds just before the Asian stock market crash. Mutual funds are good when they are going up but are as risky as playing the stock market. If you are going to invest , invest in something with a safety guarantee like Guaranteed income certificates. That way your nest egg is protected , the interest is lower but much safer. Warning!!!! mutual funds that don’t succeed will siphon off your hard earned dollars. There was a guy who just posted today on how he lost $80,000 investing in Pacific Rim mutual funds just before the Asian stock market crash. Mutual funds are good when they are going up but are as risky as playing the stock market. If you are going to invest , invest in something with a safety guarantee like Guaranteed income certificates. That way your nest egg is protected , the interest is lower but much safer.

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