Top Five mutual funds in 2018

[Landonfisher]

I did a research about mutual funds that I can invest this year. I selected top five recommended mutual funds.

From Kiplinger:

1. DODGX
2. FMILX
3. MPGFX
4. POGRX
5. TRBCX

From Finstead:

1. VFIAX
2. VFINX
3. VINIX / VIIIX
4. VTSAX
5. VTSMX

From Balance:

1. VFINX
2. VIMSX
3. FDFAX
4. VGHCX
5. VGENX

Personally, I would prefer VTSMX and VFINX. Both of their minimum investment requirements are $3K, which I can afford it, I do not want to invest more. Besides, they have good historical performances and low expense ratio.

Any suggestions?

 

[Robert Morse]

How did they do vs the QQQ, RUT, OEF and SPY?
Is this for a pension or personal account?

I do not like mutual funds in a taxable account as you get a tax bill at the end of each year. If you hold an ETF long term, you only pay on the dividends and when you sell.

The only advantage of a mutual fund is how easy you can dollar cost average with small investments each month,

 

[projomni]

How did they do vs the QQQ, RUT, OEF and SPY?
Is this for a pension or personal account?

I do not like mutual funds in a taxable account as you get a tax bill at the end of each year. If you hold an ETF long term, you only pay on the dividends and when you sell.

The only advantage of a mutual fund is how easy you can dollar cost average with small investments each month,

I agree with your reasoning... mutual funds for retirement / 401K primarily.
You can do DCA with Vanguard ETFs too (if you have a Vanguard account).
You can compare Landonfisher's choice of funds to SPY, QQQ etc here
Just type e.g., VFIAX vs. SPY. You'll see the results--very similar--since both are S&P funds.

 

[Landonfisher]

How did they do vs the QQQ, RUT, OEF and SPY?
Is this for a pension or personal account?

I do not like mutual funds in a taxable account as you get a tax bill at the end of each year. If you hold an ETF long term, you only pay on the dividends and when you sell.

The only advantage of a mutual fund is how easy you can dollar cost average with small investments each month,

VWIUX and VWSUX tax-exempt mutual funds.
I prefer something that can generate more benefits.

 

[Landonfisher]

I agree with your reasoning... mutual funds for retirement / 401K primarily.
You can do DCA with Vanguard ETFs too (if you have a Vanguard account).
You can compare Landonfisher's choice of funds to SPY, QQQ etc here
Just type e.g., VFIAX vs. SPY. You'll see the results--very similar--since both are S&P funds.

OK, mutual funds are for retirement/401K.....
I am still young, I think I need to learn more about ETFs.
Do you have any recommendations?