I have opened a roth ira account with ameritrade with 5K - my next step is to pick a fund to put the money in. (?) Would it be wise to split the 5K into two different funds?
Opinions, suggestions? I'm ready to just pick the funds and be done with it but am not sure which funds, or if this is the right time. I realize its all speculation regarding when to jump in but just looking for thoughts.
Thanks
To remove first post, remove entire topic.
I have opened a roth ira account with ameritrade with 5K - my next step is to pick a fund to put the money in. (?) Would it be wise to split the 5K into two different funds?
Opinions, suggestions? I'm ready to just pick the funds and be done with it but am not sure which funds, or if this is the right time. I realize its all speculation regarding when to jump in but just looking for thoughts.
Funny in that game last night, huh? I turned it to it on the last play and I didnt know at the time but was assuming the line was probably -3.5 and then saw what happened. Unreal.
Thanks Cap,
Funny in that game last night, huh? I turned it to it on the last play and I didnt know at the time but was assuming the line was probably -3.5 and then saw what happened. Unreal.
If your inexperienced one of the best ways to play the market is a fund which tracks the S&P 500 and another which tracks the nasdaq.
Never pay a sales fee to get into any fund, run for the hills if anyone tries talking you into a fund with a sales load.
What I'd recommend is 1 fund in financials, or banking, or my favorite sector at this time morgage finance.
I've just recently gone into fidelity's morgage finance fund and pretty much beaten the overall market everyday including today, with the markets down, my fund broke even.
Fidelitys financial services beat the market as well today up a small amount as did the banking fund beat the market.
Yes 2 funds are better than 1.
If your inexperienced one of the best ways to play the market is a fund which tracks the S&P 500 and another which tracks the nasdaq.
Never pay a sales fee to get into any fund, run for the hills if anyone tries talking you into a fund with a sales load.
What I'd recommend is 1 fund in financials, or banking, or my favorite sector at this time morgage finance.
I've just recently gone into fidelity's morgage finance fund and pretty much beaten the overall market everyday including today, with the markets down, my fund broke even.
Fidelitys financial services beat the market as well today up a small amount as did the banking fund beat the market.
ok here some thoughts.......three industries I love oil....health care...technology.....best to have many buckets my system has 20.......start with three...no load funds are fine.....
to be more aggressive pick individual stock and go with 5-7 in marketspace that is moving up the ladder hard to do but can be profitable....
as you saving grow add international plays.....
older you get add bond funds and low risk stuff....
try to stay away from big p/e's stay 12 and under...
check out these guys...
DAIICHI SANKYO CO LT(Other OTC: DSKYF.PK)
ok here some thoughts.......three industries I love oil....health care...technology.....best to have many buckets my system has 20.......start with three...no load funds are fine.....
to be more aggressive pick individual stock and go with 5-7 in marketspace that is moving up the ladder hard to do but can be profitable....
as you saving grow add international plays.....
older you get add bond funds and low risk stuff....
try to stay away from big p/e's stay 12 and under...
Hot Forum Topics
