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View Full Version : Where should I invest my money tips mutual funds stocks?


Annie Modesty
09-17-2009, 02:50 AM
I've got about $9000 that's been sitting in my Starone.org credit union earning 5%. Well I've just finished reading the Wealthy Barber , Richest Man in Babylon & Dave Ramsey books. They all seem to say I should open a Mutual Fund with a good portfolio manager. Can someone tell me where I can start researching this. Better yet. Can someone just list a few examples of Mutual funds I can throw some of the money in now while I research things as I go?

Any other suggestions welcome. But I'm getting tired of researching things on my own right now only getting more lost.

che9194
09-17-2009, 05:06 PM
Open a Vanguard account and buy Vanguard Total Stock Market Index Fund (VTSMX). This index fund represents the Wilshire 5000 which includes essentially every public firm. It is highly representative of the overall market.

Overall index funds beat mutual funds and they are really really simple.