On mutual funds
I know Greg and others are not big fans of managed funds.. I get why, many are basically ways for the big investment houses to use your $$ to take fees..... however they are not all bad.. their are a few that are really good options for the inactive investor..
How about VFIAX for example... super low expense ratio... and yield and growth pretty damn good.. just throwing it out there its one of my staples and for those with some $$ they want to put in without much risk.. a good fund should be on the option list.. theoretically you could do this yourself.. but with this low of a cost.. why bother...
I am pretty deep into this kind of investment.. I am now looking for other options (read looking for income/growth stocks) but i wanted to put this out there for others..
1 Year 32.33
3 Year 16.14
5 Year 17.94
10 Year 7.39
Since Inception 4.41
11/13/2000
500 Index Fund Adm 32.33% 16.14% 17.94% 7.39% 4.41%
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