Mutual Funds

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osho67

Is investing in Mutual funds worthwhile? IB offers about 1800 funds. I would like to put some money in these funds , but donot know how to select any fund. Are there any guidelines about selecting these funds.

Any information will be much appreciated. Thanks
 
osho67 said:
Is investing in Mutual funds worthwhile? IB offers about 1800 funds. I would like to put some money in these funds , but donot know how to select any fund. Are there any guidelines about selecting these funds.

Any information will be much appreciated. Thanks
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%% Yes 10 year track record helps;; if 20% beat the benchmark[SPY/S& P 500] Exspence are about the same. check them anyway................................................
 
This is the wrong forum for mutual fund investing. There are many better forums for long term fund advice.

My $0.02 is buy only no-load funds. Scottrade has a massive list for no-transaction fee mutual funds (NFT). That's where I do the bulk of my mutual fund trading.
 
xandman said:
I think there was a guy in Market Wizards who made his millions with NTF Fidelity Select Funds.
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I would like to invest in mutual funds or ETF in UK under ISA . The personal allowance is £15000. ISA can be transferred from one provider to another. This is all tax free.. Any suggestion for UK ? Thanks
 
xandman said:
If your investing rather than trading, look up the Morningstar.com rating of the funds.

http://www.morningstar.co.uk/uk/
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IBD [free 2 week trial] also offers a rating system ; ''A+ for top 5% mutual funds''. A is for top 10%

I don't know their reputation the UK. But, their methodologies are highly regarded in the US. Excellent educational content, too.

Cheers.
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