Your Questions About Investing In Mutual Funds

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James asks…

I’m 27, how do I go about investing in mutual funds?

I’m looking for funds with good growth. I’m young so I’m a little risk tolerant. What would be a good mutual fund to look into?

Justin answers:

Vanguard Funds might be your best choice—very low fees, better than average performance and altogether visible. You’ll need to explore all the offerings to determine what will work best for you and your expectations and requirements.

Len

Steven asks…

Know of any mutual funds investing in water?

I saw a story on PBS about a Canadian company buying the water rights in Central American villages. I think they were going to improve the local water system, raise the local water rates, and pipe some of the water out. Anyone see this?

Justin answers:

There probably isn’t a Water Resource Mutual Fund; However there is a Water Resource ETF. It’s Powershares Water Resources, the ticker is PHO. I think the fund has what your looking for, they invest in water resource companies. You can read the prospectus at www.powershares.com

Joseph asks…

Online Investing – Mutual Funds?

I was thinking about putting about $5,000-$10,000 in a mutual fund with an online investor. Does anybody have any advice? Best? Worst? Why? Minimum amount?
Any info would be great. Right now it’s all sitting in a CD, which is about to mature, and was looking for a higher return investment. I am aware that it’s a higher risk.
Thanks

Justin answers:

Schwab has an assortment of in-house index funds that have low expenses.

Mark asks…

what’s the procedure for investing in mutual funds online (in india).?

please tell me the procedure for investing in MF online step by step without going to any bank bracnh or mutual fund agent. please tell me any other important tips.

Justin answers:

Go to bank withdraw money and flush down drain,that is the first,second and only steps to take.Of course India is a growing financial powerhouse,but the regulations covering mutual funds are just about non-existent,you would be better off trading on the National Securities Exchange through a reputable broker.

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