Lux Investing

Im getting deployed and interested in investing into a mutual fund. any ideas?

I need some help in deciding where to invest my money into. I don't have the time to manage my own portfolio so I think mutual funds are the way to go? Any one have any ideas or advice? Last time I was deployed I had my money invested in CDs, "boring". Now im looking for a value fund, something I can invest $1,000 monthly into. Thanks for your help

Public Comments

1. Take a look at QQQ.top hundred stocks on the nasdac...............it is closed end...............
2. Mutual funds are great as long as you are commited to making regular deposits over the long term. Check out CGMFX CGM Focus WWWFX Kinetics Internet PRGNX Jennison Natural Resources B They rank very high with Morningstar over a 10 year period.
3. The U S economy does not appear to be doing so well. Actually CDs might not be such a bad idea for the next year or two. If however you have your heart set on investing in mutual funds, here are some to consider. T Rowe Price Capital Appreciation Fund. It is a conservative fund that weathered the last recession fairly well. 10 year return 11.25% on average annually. Vanguard Global Equity Fund. It has outperformed the S&P 500 handily since 2001 and it is not so tied to the U S economy as the Capital Appreication Fund. 10 year return 13.1% annually on average. This one is a great deal more volitile than the preceeding two. It has has some rather bad years, but overall it has been a good performer. T Rowe Price Emerging Markets Stock Fund. 10 year return 16.7% on average annually. But in 1998 and again in 2000 it dropped 28% so it is not for the faint hearted. My personal favorite is a closed end fund that currently sells at a substantial discount to net assets, about 13% discount. It is China Fund ticker CHN. Invests in Chinese stocks. 10 year return 20% on average annually. You buy this one like you buy a stock. My reasoning for liking this one is that I see China as being where the U S was in 1946. The next 30 years were banner years for U S investment growth. I think the baton is now being carried by China and also perhaps India. That brings me to the last mutual fund, Morgan Stanley India Investment Fund--IIF. This is also a closed end fund and also sells at a substantial discount to net assets of about 11%. Its 10 year average annual return is about 27.7%. Again this one is not for the faint hearted. It too can be volitile.
4. CGM Focus is a very good long term fund. It has a 60.7% gain year to date, 65.7% for the year and a 5 year avg. of 309%. Ticker symbol is CGMFX If you can handle a little volatility, try GAMCO Gold, or US World Precious Minerals, Gold or Natural Resources. All have done well since 2000 and are expected to do extremely well for years to come. Always invest for the long term. All the above funds are No Load and are not 12b1 funds.
5. Take a look at T. Rowe Price and Vanguard no-load funds. They are among the best on the market.