Hello,

My name is Margarita and I am a Certified Financial Planner. If you want I can give you some ideas about where to put your money so you get a good rate of return and minimize risk at the same time.

I would suggest you do the research to come up with the mutual fund that suits you the best. There are tons of funds with varying degrees of risks involved, in varying degrees of market volatility. So only you can really decide what's a good fund to start your retirement with

Really thanks for this information. I am doing some analysis on mutual funds but professionals tells the best time to start retirement investment is 30 to 35 of your age just before some years when you are planning to retire.

Haha whoever said the best time to start retirement is 30-35 of your age before you plan to retire is funny. The best time to start retirement is as soon as possible. Compound interest doesn't care how old you are, just as long as you start early. You could start at 16 and be set for life after saving for almost 50 years.

The best funds are index funds. Financial planners and brokers hate the word index because it basically means you'll earn the market rate; at a very low cost to you!

The expense ratios are very low as are the portfolio turnover rates. These both are key. You can earn 15% on a fund; but if your have high expense ratios (mgt fees); your ROI will go down significantly. This applies to college money management or any other type of personal family money management.

Don't give your hard earned money away to brokers in exorbitant fees for funds that will eat your return alive and not even match the mkt return...

Hope this helps!!

Tim

There is no "best" fund. An array of factors should come into choosing a particular investment fund, in which case there is not a "one size fits all" solution.

That being said, asset allocation funds can be useful if you have a low balance retirement account and you're an inexperienced investor.

The most important thing you can do is educate yourself as to the different asset classes of mutual funds and their assumed risk.

I also disagree pertaining to index funds discussion. Remember, no matter what the fees, performance is calculated and presented net of fees. If a managed fund's returns are better than an index fund I have no problem paying a higher expense ratio because my net return was higher than if I'd paid a lower fee with an index fund. Makes sense right?

I must agree with tjones here.

There are no "best" funds out there. How a fund performs today is no indicator of how it will perform tomorrow. Every investor is different so it makes sense to have SEVERAL funds and cover all your bases.

Index Funds are nice because you are essentially betting on the "market" as a whole. However, many funds CAN and DO beat the market. There are also some that don't.

Like tjones has mentioned, the funds you buy should be based on your experience, your temperament, and the amount of time you will be investing with.

Thanks tjones!

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