Lux Investing
Which is the best mutual fund to invest now?
Hi, i am planning to invest some $ to mutual fund for long term but not sure what to buy now...just a few thousand to start now and will be a monthly contribution base. I am in Canada and using Royal Bank services. Thanks for any suggestion.
Public Comments
- As I've always said on YA, find a large cap / blue chip fund that pays dividend income distrubutions.
- I agree with the previous answer. Additionally, since almost all funds are doing badly, a low-cost index fund makes more sense. Check out the SPDR S&P Dividend ETF (SDY). It won't give you high returns but it is safer and low cost.
- today? put it in the bank and earn your .24% interest. when the market turns around, maybe a Vanguard fund. something to do with stem cell research maybe. btw, this is not the forum to get investing advice.
- no load growth and income stock fund
