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Re: investing
Posted: Mon Jul 05, 2004 12:02 pm
by Chuck(G)
bloke wrote:Please name some good no-load mutual fund families and some of their individual best-performing funds.
Joe, if you're dead-set on mutuals, check the Kiplinger list:
http://moneycentral.msn.com/content/inv ... P83064.asp
The sad fact is that the mindless index funds are the best performers over time--and you don't need a high-paid fund manager to run an index fund.
As an aside, if you're looking for some decent insured returns, take a look at ING Direct:
http://home.ingdirect.com/products/products.html
Posted: Mon Jul 05, 2004 12:08 pm
by Matt G
I'd have to agree with Chuck. INdex funds tend to do the best over the long haul.
FWIW, I have used a few different mutual funds firms. The best I have been involved with is Vanguard. They seem to be fairly professional and have a good selection of funds.
Their total market index fund seems to be very accurate and appreciates money appropriately.
Joe just remember:
r(i)=r(RF)+MRP+DRP+IP.....
Posted: Mon Jul 05, 2004 5:47 pm
by Rick F
Check out Legg Mason Value Trust Fund (ticker symbol: LMVTX). Both my wife and I have our Roth IRA's invested in this one and add to it every year. Bill Miller is the fund Mgr. and has beaten the S+P for more than for 13 years.
Morningstar on LMVTX
Legg Mason's site on LMVTX
"Slam-Dunk Mutual Funds" The Motely Fool, June 1, 2004