Whats a good investment fund , an aggressive fund , I would like to start investing for retirement. ?
Basically im 30 years old , and I would like to retire somewhere around 60-65 , I was checking out a site , It got me interested http://www. finishrich. com/free_resources. . . . . . How much do you think would be ideal to have for retirement. . while playing around on that site I was thinking about 500. 00 a month to invest, youll notice on that site that the percentage is at 10% but that percentage, the return on you money can go up right
December 19th, 2009 at 11:02 pm
There are a lot of good sites to learn about investing. Definitely look into more than one.
You have a lot of time to allow your money to grow. If you consistently put $500 into your account, whether the market is doing well or not, you will be very happy in 30 years. At that time you will easily be able to decide if you want to retire or just keep working.
Look into the long term results of your investments. Mutual funds buy and sell stocks every year. By investing money in these funds, you are putting your trust in the fund’s management to choose the right companies each year.
Make sure to diversify your choices, a good portfolio would be broken up this way:
35% US growth
30% US Value
35% Global or International
GOOD LUCK!!!
December 19th, 2009 at 11:13 pm
None of those sites worth reading. Jusrt slows you from acting. Agressive means targeted right now. I belive gold headed up more so IAU China still rolling for another few yrs so PGJ Oil drilling will get even more manic so PXJ Australia looks good so EWA. Forget those foolish numbers & projections. ADX & PEO 2 classic core holdings. Not going to have 1 fund – diversify! Feel free to contact via answers if further qs.