Personal Financial Planning Tips : How to Select a Good Mutual Fund

[JustSpeculating]

She's making this way too complicated. It's NOT tricky at all. Just get an index fund. Avoid active funds because fees are too high. Even Morningstar reports fees are a better predictor of performance than their star system.

[pwrbytrd]

Hi and thanks for uploading this video and thanks for the tips,im in the 20s my question is,my current election fund right now is the ssga moderate fund and the ssga agressive fund,do i to stay more on agressive fund eventhough the economy is not in good shape yet?i am currently putting 20% on moderate and 80% on agressive,is this better idea for a young age thanks a lot.

[onlinetechreviews]

@pwrbytrd DO NOT Invest in Mutual Funds !!! They are a sad joke designed to make money for the industry (and pay out massive commissions to financial planners) unfortunately, they totally screw the small investor. You are far better off with a smaller return, insured investments, that pay lower returns (like 2 - 3%). Over the long haul, you will make more money, pay zero fees and have a safe nest-egg for retirement. Research it online... Google, Mutual Fund Rip-Off.

[goodideafairy]

@onlinetechreviews Investments that return 2-3% will not beat inflation. So much for your advice.

[onlinetechreviews]

@goodideafairy ,

Well, for a total noob (knowing zero) that is still the safest path... As the person gets to know more about investing, well then trending the markets with a Self-Directed RRSP (Canada) / 401K (in USA), is the way to go. Right now the money to be made is in Precious Metals and Oil investing. There's also buying physical Silver & Gold. But, the Mutual Fund thing is still totally losing game. Basically, a suckers game. The commissions are just too high. It's a racket - 100%.