Thoughts on this mutual fund.

**Ima saver** · 04-19-2006, 11:23 AM

Re: Thoughts on this mutual fund.

I think you need to go with an index fund. This fund only invests in financial services. I also think you should chose Vanguard because it is no load and very low fees. I reccommend Vanguard Index 500 or vanguard total stock market.

**sweeps** · 04-19-2006, 11:38 AM

Re: Thoughts on this mutual fund.

I agree with Ima. That fund may do well since banks have been somewhat undervalued recently. However, it is risky because it so specialized. Also it has a 1.17% expense ratio, a 12b1 fee, and a 5.75% front end sales load -- according to Yahoo Finance.

**Ima saver** · 04-19-2006, 12:39 PM

Re: Thoughts on this mutual fund.

Thnnks sweeps, I did not know about the sales load, you never want to pay that. You are right, the fund is too specialized for a first time mutual fund.

**jmjj215** · 04-24-2006, 12:09 PM

Re: Thoughts on this mutual fund.

You may want to consider a Target Retirement fund of vanguard's as well - a bit more diversity, and automatic reallocation as time passes. I'm a fan.

**Bluezy** · 04-26-2006, 01:49 AM

Re: Thoughts on this mutual fund.

I like my T Rowe Price Retirement 2040. It's diversified for me and adjusts as time passes from aggressive growth to conservative income.

**PRICEPLUS** · 04-26-2006, 08:29 AM

Re: Thoughts on this mutual fund.

Take a gander at Exchange Traded Funds as well as Mutual Funds.

**lucasrd** · 05-09-2006, 10:32 AM

Re: Thoughts on this mutual fund.

I have about 15K invested in the ING Large, Mid, Small, International, and Realestate funds...thus far I've been pretty happy.

**poundwise** · 05-09-2006, 11:24 AM

Re: Thoughts on this mutual fund.

If you want to consider ETF investing, as has been suggested above, you may find this article to be a useful primer:

Get Going With Exchange-Traded Funds (Kiplingers)

**markio26** · 05-10-2006, 11:54 AM

Re: Thoughts on this mutual fund.

all of the replies are helpful... just research more and keep informed.... this is what i hear over and over from my rich friends... they tell everyone they speak to, employees, bankers, business owners, friends,,, keep me informed... i would suggest to you to invest with the pros in a balanced fund.. we use vanguard wellington.

**snafu** · 11-26-2014, 09:34 AM

cancel, error

**Petunia 100** · 11-26-2014, 11:18 AM

This thread is 8.5 years old. I'm sure that Majan has long since made his/her decision.

Davidsmith1, what is the point of resurrecting an 8.5 year old thread?

**ScottRUnderwood** · 12-17-2014, 10:50 PM

Originally posted by Majan View Post

So I'm new at the mutual fund thing, and thought that I would get some feedback on this one
I'm looking for long term growth, and this one seems to fit it perfectly. Morningstar gave it a 4 out of 5, as well. Just thought I would see what others thought.

It is a good mutual fund plan and it seems to be interesting, i am also interested in investing in it.

Thoughts on this mutual fund.