Low Cost, Low Risk mutual funds are what I advocate. Why?
Do you want to make money or give it away? If you want to
make money you better have the lowest cost investments
available, at least for most of your money. I am not getting
paid to recommend these mutual funds, but these are some I
Vanguard is a very old company; many of the funds are very cheap
(no-load, low yearly cost). Their funds are as low a .26 per year,
the most expensive fund companies charge 8% a year plus a
load of 3%-8%.
You can buy these mutual funds directly from the company and save
on cost and fees. They are a very old company, the funds are
very cheap(no-load, low yearly cost). Their funds are
as low a .26 per year, the most expensive fund companies charge
8% a year plus a load of 3%-8%, which goes to the company.
All cost paid on investments come out of your money, so you
better make sure those cost are very low.
Here are some Vanguard Mutual Funds that have good returns and low cost.
Vanguard Wellesley Income Fund Investor Shares (VWINX)
Vanguard Value Index Fund Investor Shares (VIVAX)
Vanguard Mid-Cap Index Fund Investor Shares (VIMSX)
Vanguard GNMA Fund Investor Shares (VFIIX)
I don't know why Vanguard has many mutual funds that are inexpensive to
buy. Perhaps it is because their original founder decided he would adopt
this philosophy and not waiver, perhaps it was because they are huge and
fund a lot of company retirement accounts. Regardless, they have many
low cost, low fee mutual funds.
Lois Center-Shabazz is the author of the 3-time award-winning
book, Let's Get Financial Savvy! and the founder of