can anyone shares tips to invest on mutual funds for good return
July 9, 2011 4:30pm CST
hi, I wish to invest some ammount on mutual funds. On what criteria I can choose any fund? Lot of them say they have good returns about more than 15-20%. But yet confused how to select the reliable and best one. Can anyone guide on this?
10 Jul 11
Go to your bank :) That is the only safe option there is out there, since the rules here in European Union is that your money are insured until a certain amount if the bank goes bankrupt. (You need to investigate how much that would be in your country)
9 Aug 11
There are many variety to choose from when it comes to mutual funds. First what are the available funds or top performing companies you have in your country. In our lands, we have Equity or the High Risk High return, this fund is somehow more on Stock Market, so the lower market the lower the return and the higher stock rate the higher the return, its best to leave it for 5-10 years or 25years considering your age is young. If you are conservative type or older person in retirement age. put in Bonds its a lower risk lower return, but better than depositing in the bank. There is GS Bond, where there you can invest in Government Securities, There is also a Balanced Fund, that would be Government and Stock market. We also have Money market, very small return but very small risk its like a cash parking lot. when you feel you want to put it some funds when the market is low or you can put it money market after redeeming your cash. Hope It helps.