Any Investors Here?

Matt · 05-20-2010, 11:40 PM

Like another poster said, it depends on your risk and your overall financial plan.

As a young investor, all of my investments are mutual funds ranging from very risky ultra small cap funds to modest mid-to-large cap funds. These range from 10-30% gains on a good year to obvious losses (albeit sometimes negligible with my safer funds) on bad years.

My recommendation for people just getting into the investment world is T. Rowe Price Capital Appreciate Fund. If you don't have an IRA, I'd recommend setting it up as an IRA; Roth if you plan on retiring on more money than you make now, Traditional if you're in a higher tax bracket now than what you plan on retiring at. Keep in mind, IRA accounts have annual contribution limits as well as income requirements.

Now, if you have no interest in Mutual Funds, or know more than I do about investing (which shouldn't be too hard, haha) disregard my advice!

One piece of advice I can give, is check out Morningstar.com. Fantastic site for stocks, funds, and other investment options.

05-20-2010, 11:40 PM	#11 (permalink)
Matt A True Z Fanatic Join Date: Oct 2009 Location: Augusta, GA Age: 43 Posts: 1,680 Drives: 2010 Avalanche LT Rep Power: 20	Like another poster said, it depends on your risk and your overall financial plan. As a young investor, all of my investments are mutual funds ranging from very risky ultra small cap funds to modest mid-to-large cap funds. These range from 10-30% gains on a good year to obvious losses (albeit sometimes negligible with my safer funds) on bad years. My recommendation for people just getting into the investment world is T. Rowe Price Capital Appreciate Fund. If you don't have an IRA, I'd recommend setting it up as an IRA; Roth if you plan on retiring on more money than you make now, Traditional if you're in a higher tax bracket now than what you plan on retiring at. Keep in mind, IRA accounts have annual contribution limits as well as income requirements. Now, if you have no interest in Mutual Funds, or know more than I do about investing (which shouldn't be too hard, haha) disregard my advice! One piece of advice I can give, is check out Morningstar.com. Fantastic site for stocks, funds, and other investment options. __________________ "Any man who can drive a 370z while kissing a pretty girl is simply not giving the Z the attention it deserves." Albert Einstein....modified.