What is your opinion about this mutual fund?
USAA Precious Metals and Minerals Fund (USAGX) provides the concentration of precious metals and minerals companies. seeks to protect principal during times of inflation. Reduce portfolio volatility often performs differently than other stock funds and bonds. NAV: 2 From $ 36.61 02/22/2008 Lipper Category: Gold-oriented funds Newspaper Sales PrecMM Overall Morningstar Rating ™: Due 31/01/2008 = 4 stars Expense Ratio: 1 = 1.21% Expenses Lipper Category: From 01/31/2008 Category Morningstar Fund = 1.51%: Special Funds, Precious Metals in category: 61 years at 1 year = 8.83% = 37.80% = 5 years 10 23.21% 32.77% Year = I am a year old start investing 30 and am interested possible to make as much money as you can before you turn 65. If funds like this, that I should invest in investment would be through my bank, so I can do better through somewhere else? Can you explain what each one means?
First thing I would say is to observe all the recommendations you receive from this forum closely, and that includes mine. I would point out to you that there are other conservative investment vehicles you can use different investment funds. I am not against its acquisition, however, about 75% of them under perform the market. They all have committees management, and some have sales loads. This special fund has a 1.21% cost ratio, too high for my taste. Moreover, in the metals sector precious. I personally do not believe that sector will rise much further. Many people do not agree. You can look at the ETF. They are basically the same as the funds investment, but with lower overall costs. My best investment is a trickle Plan I started 15 years ago. It has performed well in recent years. Rarely there was talk of the corridors, because they make very little money when they suggest. However, they have proven to be one of the best, if not the best, long-term strategy on Wall Street. The best part is you get solid annual returns from well known companies first level of security as McDonald's, General Electric, Pfizer, Walmart, USA Bancorp …… etc ……. They are inexpensive to start and maintain, and dividends are reinvested for free. They are perfect for small investors and large investors. They are safe and allow you to not worry about whether the market goes up or down.
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