Mutual funds ? best returns??

[Jim Smith]

What are the mutual funds returning ? Whats the best and most safe? My current broker stinks and I want to change to another.

 

[MEby]

What are the mutual funds returning ? Whats the best and most safe? My current broker stinks and I want to change to another.

I use American Funds. What I would do is go to Search Results for " daveramesey.com ". On his home page he has some links for people he recommends. Click "Investment ELP" and go from there. Good mutual funds should average around 12% or better.

 

[2Bear]

Pardner:



You may want to take a look at Rydex or Pro Funds ...

if you want to be betting the market is going to go down.



If you want to go the other way ie: UP ... ... take your pick... ...

almost all Mutual Funds are chartered to be Long and Long only... . ( wut a racket ).

Anybody in most of them since Oct of last year is getting hammered.

We may have a sucker rally here starting today

..... but I wouldn't count on it lasting

... ... ... not with the Fed printing rolls and rolls of toilet paper.





Personally I don't like Mutual Funds.....

Smart money uses ETF's (exchange traded funds)

You can find tons of stuff on them with a google search.

Easy to buy... . easy to short... can get out of them at any time... .

even during the day..... unlike mutual funds... . (only the next day).



On another note:



You may want to read this outlook.....

This guy has been right on about what is going on in our country.

Which is sickening.

Welcome to Jim Sinclair's MineSet



You might also consider checking out the Marty Weiss newsletter.

www.martinweiss.com



There are Gold ETF's

Something you might consider after you read Sinclair's stuff.





Hope this helps ... ...



Happy Trails... ... ...