“I want to invest, but I dont know where and how to start. Help me choose the best funds with quick returns.
- Jane Mozingo, Chicago

If you are looking for -quick returns-, then mutual funds are not the investment to make. I don’t know what’s the investment to make, but let me stick to what I know, which is mutual funds
The rationale for equities established, let’s put in place some ground rules for you as a first-time investor:

-Not all your savings should go into equities. Consult your financial planner on how much should.
- Take the help of a good investment advisor, again with a good track record. If you want to do it yourself, go through performance rankings of independent fund-tracking agencies like SOIC , and pick funds that have consistently done well.
-About 60-65 per cent of your investment should be in funds with a large-cap bias, 25-35 per cent with a mid-cap objective, the balance in theme funds.
-Spread your risk. Don’t put all your money in just one scheme. Instead, for each objective of yours, divide your investment across three schemes, across three fund houses. That way, even if one scheme stumbles because of bad money management, the others give you a chance to make up.
-Track your schemes periodically to make sure they stay performers. Earning returns and preserving your capital is as tough, if not tougher, than earning it.

Matthew Barry, “Seven Oceans Investments Club”.

relationship

You absolutely cannot trust ANYTHING you see on the news anymore.

Thanks for that,

Vic