Personal Finance and Investing

pangaia

(24,324 posts)

1. Yikes, So difficult to give a correct answer. There is none.

Wed Mar 22, 2017, 02:19 PM

Mar 2017

I am retired and have been investing in NO LOAD mutual funds since about 1980.and done fairly well.
There are a gazillion out there and too many different types to discuss-- from the most conservative to the most risky.

If you want to stay in the market and are not too experienced.. index funds are difficult to beat. But an index of what , you may ask? S&P, DOW, different bond indexes, etc etc..

I will only tell you what has done well for me for the past year and NOT necessarily a recommendation.. PONDX. Just Google PONDX..

About the safest thing outside of putting cash in a safe at home, are T-Bills. When trumper won I put a LOT in T-Bills.. just to wait out the storm and see what happens...Not to profit but just to be safe...

I had better stop, it's too complicated. Hope others will add their thoughts.

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Advice? I sold my mutual fund. What to do with the $ now? [View all] Lisa0825 Mar 2017 OP

Yikes, So difficult to give a correct answer. There is none. pangaia Mar 2017 #1

Thanks! yeah, I am looking for SAFE right now, to wait this out. Lisa0825 Mar 2017 #3

put it into a high-yield savings account ginnyinWI Mar 2017 #2

Thank you! I will look up Syncrony! Lisa0825 Mar 2017 #4

ALWAYS CONSIDER THE RATE OF INFLATION bresue May 2017 #19

You will also pay tax on gains. BSdetect Jun 2017 #20

The OP's account was an IRA, so taxation of capital gains, dividends and interest isn't an issue. A HERETIC I AM Jun 2017 #21

Index funds with low fees seem to be the way to go. Nitram Mar 2017 #5

Here's the one I am looking at now: Vanguard Total Bond Market Index Fund ETF Lisa0825 Mar 2017 #6

All our mutual fund investments are with Vanguard. they are reliable. Nitram Mar 2017 #7

Personally, I would avoid bond funds right now..... lastlib Mar 2017 #12

What would be your suggestion for something safe to put it in? Lisa0825 Mar 2017 #13

Not a lot of really likeable options in the current environment, I'm afraid... lastlib Mar 2017 #16

Thanks for the suggestions! Lisa0825 Mar 2017 #17

Both the Class "A" and "C" shares of the fund you mention have a $1,000 minimum purchase A HERETIC I AM Mar 2017 #18

If you are looking to buy a house in two years, PoindexterOglethorpe Mar 2017 #8

That particular account is a rollover IRA from a previous job's retirement. Lisa0825 Mar 2017 #9

Yes, that's right. PoindexterOglethorpe Mar 2017 #10

Great advice, thank you! Lisa0825 Mar 2017 #11

You have numerous choices. A HERETIC I AM Mar 2017 #14

Thank you for the input! Lisa0825 Mar 2017 #15