please provide the names of the mutual funds that are averaging 25%, i have had funds, none average 25%, although i agree it prolly would have been better to drop it in the stock market at the time, i didn't really want to do that, not to mention closing costs were much higher with a mortgage, several other things were higher then buying out right.
eh is what it is. all the money i don't pay into a mortgage now goes into the stocks anyway, so how much i would have made would be a bit harder to figure out, and my mortgage at the time i think was 2.7% if i wanted to be honest. it was a good time to borrow money
Register and log on to the Fidelity Financial website. I think you can do that without purchasing anything. Once there you can shop for funds and make up your own mind what to buy. I never have and never will buy single issue stocks. Too much risk. And when I invest in a new mutual fund I go thru the companies they are invested in and make sure I am not investing in two funds that buy the same stocks. I never invest in funds that have transaction fees. Well,......maybe a really good one every now and then.
I have moved my wife's and my teacher daughter's 401K money into Fidelity Contra (50% of investment in each) which made 32.25% last year and Fidelity Growth Company which made 36.76% for the past twelve months. Both of those funds have averaged 12% earnings SINCE 1986 INCLUDING SEVERAL DOWNTURNS. That is over thirty years thru several severe downturns.
I just moved some of my money into Fidelity's China Region Fund which paid nearly 52% for the past twelve months. I could kick myself for not getting in that one last year. There is one Quantified Investor Class fund offered that paid more than 68% last year. I am scared of that one. If you don't mind paying transaction fees there is a Morgan Stanley Fund that paid more than 78%. I am terrified of that one, looks like it is investing in startups and risky companies in SE Asia. I am brave, not stupid.
These are high risk but high yield large cap growth funds. They can make you a LOT of money, and they can loose money. My top fund since 2013 has been a Biotech Fund that paid more than 30% a year for three years. Then it lost money for a year or so. One that I got in because my advisor strongly suggested was a Yachtman Fund that made about 1% for three years. I really wanted out but she kept telling me it was great to have during a downturn. Then for one year it was my highest earner.
Mr. Trump is making me a lot of money. Well, he has made me a lot of money if things hold up and the Dems don't manage to sabotage the economy to bring him down.
I have tried to tell people on here and in person, DON'T give your money to a local yokel investor. They will take your money and put it in mutual funds and take a cut for themselves for "managing" your money. That money is your future and your retirement. Learn a little and take care of it yourself. Don't go wild and you will have more money to invest. The more you have the more you earn and the more you can take out without cutting into your investment's earnings.
People get concerned about the cost of things and concern themselves with trivial matters while ignoring the things that can affect them and their retirement the most. If you invest wisely you can have several hundred thousand dollars in investments. And the general idea is that you can take out around $1000 each month for every $100,000 invested with your portfolio slowly growing. When the markets start giving trouble you have to adjust what you take as income. I have cut mine more than half before. Just tighten your belt for a while because THE MARKET ALWAYS COMES BACK. If it doesn't your money is worthless anyway.
We have things we need to do, things we need/want to buy, vacations we want to take. We are putting things off because we are making too much on each dollar invested. Because the way the market is going right now every dollar I take out will cost me an extra $0.30 lost at the end of the year.
RSKY
