Buying into the stock market

[LittleBill21]

I know what they are, but to say they all suck is just completely false

Well I looked at over 100 of them, and wasn't impressed, which one are you doing and what are the returns over a 10-20 year period?

 

[Duds13]

Well I looked at over 100 of them, and wasn't impressed, which one are you doing and what are the returns over a 10-20 year period?

American Funds.

 

[9973720wb19]

Do not waste your time picking stocks or timing the market. Unless you have insider information, it becomes a crap shoot.

My advice is to look at the Vanguard 500 S&P Index Fund. It has very low management fees and has performed well over time. Worst 3 year return was 7.5%...last 5 years it has averaged over 14%

https://finance.yahoo.com/quote/VFINX/performance/

I have most of my investments with Fisher and they have done well (averaging 12%), but you need a minimum of $500,000 to become a client. I have inherited some money and currently looking at the Vanguard Fund or something similar.

totally agree.. vanguard index funds with a balanced portfolio that makes you (not an investment advisor) comfortable is the way to go. vanguard also has a single index funds that is balanced investments 60/40 --- really all you need...with some cash in MM of course. I have only index funds - lg cap, med cap, small cap, intl., bond, and a few total market...there are books out there about "indexing"

 

[LittleBill21]

American Funds.

View attachment 2707790

ok which one is your chart from? they have a ton.

Fund overviews | American Funds

American Funds offers a wide selection of growth, growth-and-income, equity income, balanced, bond, capital preservation and target date funds. Get important details on each of the funds available.

www.capitalgroup.com

 

[Duds13]

ok which ones? they have a ton.

Fund overviews | American Funds

American Funds offers a wide selection of growth, growth-and-income, equity income, balanced, bond, capital preservation and target date funds. Get important details on each of the funds available.

www.capitalgroup.com

That's the 2035 fund

 

[riptides]

One also has to factor in how much money they are willing to risk at what percentage of return. If it meets your money goals. I will gladly take 3 percent on monies IF I have met my finacial goals. It goes back to risk and time.

 

[LittleBill21]

That's the 2035 fund

I am reading these have front loading fee's of up to 5.75, its better that its a front load, but lots of funds out there without the load feed with the same typical returns.

Glad you found something you like though

 

[Lineman North Florida]

you can get different tiers of target date funds that have aggressive/moderate balancing etc. people doing target dates really don't need to step outside of them, because if you look at the underlying assets its pretty much the same as the ones you mentioned at least in beginning stages of them.

me I am 99% heavily aggressive/single stock, and for the most part has paid off, after reading this post I went and checked one of my smaller brokerages. I did 175% growth over 5 years. pretty much have beat the market returns for the last 15 years across on everything I own.

I have a single stock that did over 300% since covid.

I feel slightly bad for the OP, we had a guy at work who was retiring after 35 years we were lightly talking about stocks, and investments and he mentioned he was in a money market fund, I said for what a month or 2? (expecting he was going to buy on a dip) he said no 30 years, the entire group got quiet. I actually looked up the return it was barely ever more then 3-5% I simply said I'm sorry and walked away, my 401k does like 14-26% on average per year.

Don't feel bad for me as only a small percentage of what I saved went into the money market account all those years but it has turned into a fairly substantial pot of money that I feel could be working better for me , I also have a nice monthly pension that is a little over $60k per year, plus the money I invested in the Vantagepoint long term growth and my Roth, I think I will be okay.

 

[kenmac]

Yesterday? Darn! I thought it was twenty years ago.

Yep. But for those that continue to put off investing (and I know many) they wake up and 20 years are gone before they know it ! LOL

 

[Oaktree]

American Funds.

View attachment 2707790

Kind of meh compared to Fidelity's Contra fund:

And keep in mind that American funds have rather high (5.5%) up front sales fees, Fidelity funds have none.