Help with Mutual Funds

Which fund?

  • U.S. Income Fund

    Votes: 0 0.0%

  • U.S. Equity Fund

    Votes: 0 0.0%

  • U.S. Index Fund

    Votes: 1 10.0%

  • All 3 funds

    Votes: 0 0.0%

  • Other (specify)

    Votes: 2 20.0%

  • Don't invest!

    Votes: 7 70.0%
  • Total voters
    10


Investment Advice or Bust?

Now That I have your attention. :)

if you are a new investor and you are not going to be an active trader with all that it implies then choose the index fund. You can park your money and let it grow with the stock market. The stock market average for the last 40 years is about 7% to 8%. I am also assuming you are planning to put the money in and leave it there for 5 or more years.

The real question is what are the fees for each of those funds? In other words if the equity fund can expect to return approximately 6% per year over a 5 year per period and has a 1% cost then your real rate of return is 5%

ideally you want a fund that charges less than 1% or not more than 1%. Also, are they are charging you in addition to the management fees? i.e. if you purchase 100 shares of the fund do they charge you a transaction fee or sales fee? some of the those can cost as much as 5-8% of the value.

And thirdly, is this a retirement account where you can put the money in without being taxed or is it a standard investment account where you will be expected to pay taxes on any gains in value? because if your fund value goes up $100 but you have to pay $10 for taxes you are now only earning $90. Capital gains tax is a bitch.

Of course, if I haven't scared you off yet there is still hope. :)

I recommend you look for some good reading and tutorials on investing. You should start here The Motley Fool

The Motly Fool gives some very good tutorials on investing and the different types of investments.

There are other good places but you should start with just one and then go from there as many of the places may give what seems like contradictory advice.
 
Buy physical gold. Buy physical silver. Wait. Sell PMs, buy arable farmland.

Stay the fuck outta the stock market(s). That house of cards is coming down.
 
OP and everyone who posted above is stupid:
You Got Dickrolled
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Uh huh. I beg to differ, and I invite you to revisit this thread in ten years and tell me how stupid I was.

Although, I will admin "arable farmland" is redundant. Trying to sound smart again.
 
Invest in private prisons, GEO is probably the best, look at it's 10 year history.

GEO Group: https://www.google.com/finance?client=ob&q=NYSE:GEO
ConMed health care: https://www.google.com/finance?q=NYSE%3ACONM
Avalon Correction Services: https://www.google.com/finance?q=NYSE:CITY

The GEO Group (NYSE: GEO) is a world leader in the delivery of diversified services to government agencies around the globe. These services include:
  • Correctional Facilities
  • Detention Centers
  • Mental Health Services Facilities
  • Facility Design
  • Infrastructure Financing
  • Turnkey Construction
  • Other Government Services
We design, construct, finance and manage jails, state and federal prisons, immigration and detention centers, and special-purpose institutions, including those focused on education, substance abuse treatment, counseling, work programs, and community corrections services. We develop and manage medical and mental health rehabilitation facilities and services, and we deliver various other management services such as secure prisoner escort, court and immigration custody services, and facility maintenance services.
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So fucked up haha, we the United States citizens hire them to finance, build, and manage all kinds of shit. Think of every kid that gets caught with a gram of herb and has to go take treatment classes. $$$$ in your pocket.
 
cabezon said:
Uh huh. I beg to differ, and I invite you to revisit this thread in ten years and tell me how stupid I was.

Although, I will admin "arable farmland" is redundant. Trying to sound smart again.
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What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking dead, kiddo.
 
I have a sizable amount invested in RBC's U.S. Income Fund. Depends on your goals, mine were simple - beat inflation, low volatility, and high liquidity (I can have any amount swapped into cash within 24 hours). This was the one suggested and no complaints here 3 years in.
 
Out of those, I would pick #3

How long do you plan on keeping the money invested and what is your risk tolerance? Risk tolerance = how much your willing to watch it fluctuate. Stock index funds can go down 50-75% during a really bad recession/depression. I think stock index funds went down 50-60% during the 2008 recession. If you can't handle that, go with #1 it's 60% bonds and 40% stocks.

Also, look at expense ratios (MER %). Expense ratios are significantly lower on ETFs and you get basically the same thing.

#1 expense ratio = 1.77%
#2 expense ratio = 2.09%
#3 expense ratio = 0.72%
S&P 500 etf expense ratio = 0.09% LIKE A BAUS.

Imo, you should just put the money into an index fund etf and don't touch it until your 60.
 
than_west said:
What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking dead, kiddo.
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I'm sorry, what were you saying? I kinda nodded off during that inane tirade you copied and pasted from Craigslist.

I have a sizable amount invested in RBC's U.S. Income Fund. Depends on your goals, mine were simple - beat inflation, low volatility, and high liquidity (I can have any amount swapped into cash within 24 hours). This was the one suggested and no complaints here 3 years in.
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Isn't anybody aware that the global monetary system is in a state of collapse, the dollar is doomed, the country is being run by scumwad banksters who are grabbing everything that isn't nailed down with both fists, and the only certainty is inflation, inflation and more inflation? Ergo, precious metals are where it's at, just like the last gazillion times a fiat currency fell apart. Duh.
 
S&P 500 ETF's or total market etf's are decent options. Low expense ratios and can be traded throughout the day.
 
Mutual funds are a shitty investment. Buy and hold is a crock of shit. look at all those people who lost their ass buying and holding in 2008? wait til it colapses this time it will be way worse than we just saw.
 
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