i would like to start making weekly deposits into a mutual fund. about 150$ a week with $4000 initial investment.
i have a decent porfolio that includes BP,VZ,KO,MSFT,XOM,PG,BRK.B, IWF, IWM
so my question is i am looking for a fund that's more aggressive then the stocks i have mentioned above. i also don't want to be throwing into a fund that has all the same stocks i have already. (like i made the mistake holding to IWF,SPY-since they are the same as what i am holding in individuals)
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i would like to start making weekly deposits into a mutual fund. about 150$ a week with $4000 initial investment.
i have a decent porfolio that includes BP,VZ,KO,MSFT,XOM,PG,BRK.B, IWF, IWM
so my question is i am looking for a fund that's more aggressive then the stocks i have mentioned above. i also don't want to be throwing into a fund that has all the same stocks i have already. (like i made the mistake holding to IWF,SPY-since they are the same as what i am holding in individuals)
The stocks you own are low beta.. S&P 500 sort of stocks, so you wont have a hard time finding a more aggressive fund, but more than likely unless you are investing in a very specific fund with a narrow approach you will have some overlap anyway.
You need to figure out what you want to accomplish, how long you want to hold, any interests or angles you want in picking a fund.
I am not real keen on going long right here, so if you had that 4k to invest I would probably cut it in half, try to find two funds and alternate the 150 a week, so week 1 go into fund 1, week two into fund two.
I would also consider an ETF versus a mutual fund if you could find a similar ETF since they are more liquid and less fees to own.
I think you get the opportunity to buy at lower prices so I am not going to suggest any fund going long..but you might consider a long commodity fund for one, maybe a small or midcap for another..or you could find a fund that you know the companies and try to go that route..
Lots to consider.
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The stocks you own are low beta.. S&P 500 sort of stocks, so you wont have a hard time finding a more aggressive fund, but more than likely unless you are investing in a very specific fund with a narrow approach you will have some overlap anyway.
You need to figure out what you want to accomplish, how long you want to hold, any interests or angles you want in picking a fund.
I am not real keen on going long right here, so if you had that 4k to invest I would probably cut it in half, try to find two funds and alternate the 150 a week, so week 1 go into fund 1, week two into fund two.
I would also consider an ETF versus a mutual fund if you could find a similar ETF since they are more liquid and less fees to own.
I think you get the opportunity to buy at lower prices so I am not going to suggest any fund going long..but you might consider a long commodity fund for one, maybe a small or midcap for another..or you could find a fund that you know the companies and try to go that route..
wall if u had to tell me one silver commodity to go with what would u recommended? also a good midcap? i just want to see what ur picks are and do some research.
i am looking for a 5-10 year investment when i am ready to move out of the city and buy a house in the suburbs. some extra $ will help. i am young (28) so keeping all my money in the bank is out of the question
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wall if u had to tell me one silver commodity to go with what would u recommended? also a good midcap? i just want to see what ur picks are and do some research.
i am looking for a 5-10 year investment when i am ready to move out of the city and buy a house in the suburbs. some extra $ will help. i am young (28) so keeping all my money in the bank is out of the question
Well I seriously dont like commodities here, I would wait until we get a BIG pullback, I dont like buying higher highs and that is what you would be doing here in both the midcap and especially commodity fund.
If it were me and I were forced to buy a fund I would do a general mutual fund scanner search for a midcap group and find which had done well over a 1,3,5,10 yr period, then compare to the midcap ETF's out there and see if buying a midcap would be better, cheaper and more liquid..
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Well I seriously dont like commodities here, I would wait until we get a BIG pullback, I dont like buying higher highs and that is what you would be doing here in both the midcap and especially commodity fund.
If it were me and I were forced to buy a fund I would do a general mutual fund scanner search for a midcap group and find which had done well over a 1,3,5,10 yr period, then compare to the midcap ETF's out there and see if buying a midcap would be better, cheaper and more liquid..
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