What % do you want to add?
What is your strategy in selecting this fund?
Criteria One: Expense ratio since in general the higher the costs your receive a smaller return. Therefore go with expense ratios less than 1% unless it's a high returner and better than the market averages.
Criteria Two: Annual return - in general best to compare a 5 or ten year track record to a comparable market average, For instance with a small cap fund with the Russell or a tech fund with NASDAQ.
Criteria Three: Management - what experience does the fund manager have - does that person match your investment philosophy. What college and skills does she have?
Consider....the recent down turn in the market, most mutual funds lost over half there value. It will take years for these funds to recover.
Consider. they do encourage dollar cost averaging to make up your losses.
Now doesn't that make a person feel better for such a poor return on their investment
#If you have any other info about this subject , Please add it free.# |
- edit
