Trading Mutual Funds

E

ewile

...a couple of questions about mutual funds...
I know that there are funds that track the NASDAQ 100 and that there is at least 1 fund that simulates a NASDAQ 100 short position.
What are the names of the funds and what company (or companies) would I need to open an account with to trade these mutual funds.

Thanks!
ED
 
rydex funds and you can trade them every day if you want to. You need 25K minimum to open account. You can short S&P and gov bond fund as well.
regards
peter daniels
 
thanks for the replies...I actually don't plan to trade them on a short term basis...I just got some money for an IRA account so I'm trying to figure out my options.
Thanks!
ED
 
I don't know any broker that will let you trade mutual funds with out a penalty for early withdrawal. That is one reason why I have a rydex account.

Other good reasons for not trading spy and qqq are the times I was screwed on IB when I tried to sell. I like the fills alot better when I trade mutual funds. Once I and some other people were even barred from trading qqq. I will never ever buy another 3 letter stock.

regards
peter daniels
 
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