I have 5k.
Whats the best company I should pick to manage a mutual fund, like Charles Schwabb, American Century, Fidelity Mutual?
This is my first time investing. Very bad decision to do it all on my own.
You can pick your ETFs with a mutual fund. If I want I can transfer my cash into other things later.
This isn't a question of finance. I'm just looking for the best company out there. A company that will be strong 30 years from now. What is in your opinion the best company?
I am purchasing today.
Mutual funds have higher fees than quality index funds like Vanguard's. 9/10 Mutual Fund managers have historically failed to beat the index. Advisors have a conflict of interest so they will try their best to find a MF that looks like it's that 1/10 with excellent performance. I practically guarantee that the "attractive" MF has only 10 years or less from inception meaning it's just a short term lucky fladh in the pan. Just buy index funds. Lower fees better performance than vast majority of MF. No amateur-hour stock picking required. Read Bogle and Buffett for Christ's sake
Bullshit. Take a mutual fund like Vanguard for example. They charge fractions of a percent to have fund managers who are far more likely to know what they're doing than some /biz/raelite manage your investment. The cost of their operating fees for most funds is negligible even when considering compound interest.
and then ask him for his statements, to see how much money he's made.
they probably will not have rebalanced since opening. calculate the real numbers and you'll see.
mutual funds a shit
Trolling aside, are the ROI in mutual funds actually worth it after the Jewish experts take their shares from you?
For those of you who have mutual funds, how much was your initial investment in your mutual fund(s) and how much are they worth now?
There's a really hot mutual fund, not many people know of being run out of Baltimore.
It's BBH shoveitupyouruglyass fund.
Great return on your investment, but be they have been known to fuck your wife if you aren't careful.