Basics Of Mutual Funds

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is only good enough for a college education if you plan to invest in other places.
On the AOL site I used it had a page where you enter in your date of birth and how much money you wish to contribute. I entered in both DOB-7/9/79 (approximately 46 years until retirement) and that I wish to contribute $2,000 a year. It then stated that with a Roth IRA I would have $1,058,685 and with a Traditional IRA I would have $1,036,239 (which I would have to still pay taxes on). Out of the two the obvious choice is the Roth IRA you pay taxes when you are working and have the extra money and it also has a higher turn over rate.
I then researched mutual funds. Mutual funds are a group of stocks together. It tends to be more stable then stocks since there is only one stock if it falls you’re out money, with a Mutual fund if one drops then the others generally tend to balance the loss out so you still tend to make money.
My only research on Mutual funds comes from the Consumers Report, ...

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1.15% of assets. They perform better then 80% of all domestic funds.
Midcap funds are the next 750 largest corpo-rations who’s corporation value is between $1.2-8.3 billion. These ones are the big companies.
Small-cap funds are the remaining 4,000 firms. Their corporation value is under $1.2 billion. They are the smaller companies. These tend to charge the most for fees.
The "style" category Growth is when they look for companies with rapidly rising sales and earnings. The ones who have tendency to pull in the most money. The highest fund return in 1998 in this category under the Large-cap funds is Janus Twenty (which is very high risk) with a 73.4% return. It also has the ...

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