The Best Mutual Funds for 2010

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teri

deepak of DE 2:02AM May 08, 2010

Yes. Charles Scwab works for free and donates all the money to pay for the advertising. No one gets paid ever!!! amazing. It is like magic

Doug of IA 11:28AM April 21, 2010

Index funds will not give you the increase you need for the risk you are taking.

Spidey of TX 1:00PM April 06, 2010

KatieL
There are no fees at Charles Scwab for mutual funds.

Spidey of TX 12:57PM April 06, 2010

My point is you don't need a million.

Spidey of TX 12:55PM April 06, 2010

I have been retired now 6 years on 376000 dollars. I never use Vanguard. I have about 17 mutual funds spread across an allocation that is right for me. I never use indexed funds. There are about 26000 funds out there. It IS boring, kinda like watching paint dry. The no. 1 goal here is to not work. I put in my time and retired very young. There is not one family of funds that has the best funds. I use funds where the fund manager, not managers, makes the decisions daily on buy, hold and sell orders within that particular fund. I use the manager who has proven his or her ability over the long run, YTD, 1, 3, 5 and 10 year time horizons. Always the top 20% in that particular asset class.

Spidey of TX 12:53PM April 06, 2010

this is funny i have been with vanguard for 3 years now and i just started reading your article here and i put my age in and it came up with the fund 2030 that i already have right now and i tell you im happy with it if you can get into a 401k in would go with the vanguard 2030 thanks julie

Julie of CA 11:19AM April 06, 2010

Buy! Hold! Balance!
Buy low annual cost, no-load mutual index funds (a no-brainer!) spread across AAA Bonds, Large Caps, Small Caps and foreign stocks on a pre-determined percentage of holdings (4 holdings at 25% each is a good place to start)! Keep it simple!
Hold then until you need to sell them!
Balance them monthly based on the pre-determined percentage, not necessarily by selling one to buy another, but by buying the one that needs to be increased to get back to the predetermined percentage.
Vanguard is a good place to start.

Kawika of HI 1:50PM March 20, 2010

Given all the disclosures about mutual funds over the last few years, why is US News going through this exercise? Mutual funds suffer from a number of potential problems: style drift, excess management and trading costs, management changes, too much cash, etc. And, most importantly, that legally mandated maxim: "Previous performance is no indication of future results".
If you're going to invest in stocks and bonds, stick with index funds & index ETFs because of their much, much lower costs. They will follow the market up and down because they are tied to their respective indices.

Jimmy of MD 10:18AM March 16, 2010