I want to Invest 10,000 in Mutual funds.... Which is the best and is that safe?

Answer 1

Best Answer - Chosen by Voters

I prefer no load mutual funds such as those at TRowe Price and Vanguard.

Go to your local library and ask the reference desk for their volume of Morningstar reports.
Morningstar ranks mutual funds on a scale of 1 (poor to 5 (very good) stars.
You also get their independent analyst's opinions on the various funds.

If you are a novice I suggest going to Yahoo finance/ education first and read up on investing.

http://finance.yahoo.com/education

Answer 2

to make 1% to 10% monthly consistently, just visit myfxfunds.com
the best that safe

Answer 3

i am speaking from India's pov

it is difficult to say where you want to invest without knowing your background
1. your risk category
2. how much is this 10K compared to your total investment Portfolio
3. how many dependents
4. how much is this 10K compared to your month salary
5. what is your long term and short term goals


from a generic perceptive, i would a advice to take a long term view ( say 3 to 5 years) and invest in MF
since i do not know your risk category i am advicing large cap MF like
1. Fidelity equity
2. Franklin Prima Plus
3. HSBC Equity

do a SIP for 3 to 5 yr

Source(s):

my love for personal infnac.e

Answer 4

The easiest thing to do would be to buy a low-expense index fund based on a broad index such as the S&P 500 (e.g. FSMKX). Index Funds often outperform Mutual Funds in the long run due to the high fees that Mutual Funds charge.

Answer 5

If you don't know where to invest, buy a low-cost total market fund from a good company like Vanguard. Better still, if you are not going to trade much, buy an ETF so that you pay only for the purchase (and sale if need be), and not any regular management fees to the mutual fund company.

Source(s):

Seasoned investor

Answer 6

invest the money in the R & D of the new range of clothes that are made from chocolate and crisps