Comments on: Is it wise to invest in different mutual fund companies or just one? http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/ Thu, 17 May 2012 20:49:13 +0000 http://wordpress.org/?v=2.7 hourly 1 By: SM http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1824 SM Thu, 09 Apr 2009 17:41:43 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1824 Its a better idea to invest in more than 1 mutual fund. Yes MF is about diversification but you also need to diversify across mutual funds and across types of funds as well. You may want to look at different sectors based on their performance; you may want to look at short term/long term funds, etc. Dont diversify too much or management and tracking will become too much to handle. Its a better idea to invest in more than 1 mutual fund. Yes MF is about diversification but you also need to diversify across mutual funds and across types of funds as well.

You may want to look at different sectors based on their performance; you may want to look at short term/long term funds, etc.

Dont diversify too much or management and tracking will become too much to handle.

]]> By: Justin T http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1823 Justin T Wed, 08 Apr 2009 06:50:24 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1823 The big companies are fairly secure, so failure is probably not the issue. One thing to consider is how much money youare investing. If you have it between two companies, both will charge a maintenance fee, and you won't qualify for "break-points", which is the level where you get reduced commissions. Also, within a fund family, you can generally exchange from one fund to another without commissions. Just a few thoughts. The big companies are fairly secure, so failure is probably not the issue.

One thing to consider is how much money youare investing. If you have it between two companies, both will charge a maintenance fee, and you won’t qualify for “break-points”, which is the level where you get reduced commissions. Also, within a fund family, you can generally exchange from one fund to another without commissions. Just a few thoughts.

]]> By: voluntarheel http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1822 voluntarheel Mon, 06 Apr 2009 19:36:26 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1822 Mutual Fund companies tend to not fold, but I can understand your concern. But generally when people invest in funds they look at different types of funds - like large cap domestic, international, small cap domestic, emerging markets, etc. It certainly can't hurt you to go with different fund companies. I suggest you take a look at index funds - Vanguard and Fidelity have some good ones. They invest in a variety of markets and beat mutual funds over time. They also have low expense ratios. So if you want to look at seperate fund companies take a look at some of Vanguard's index funds. Mutual Fund companies tend to not fold, but I can understand your concern. But generally when people invest in funds they look at different types of funds - like large cap domestic, international, small cap domestic, emerging markets, etc. It certainly can’t hurt you to go with different fund companies.

I suggest you take a look at index funds - Vanguard and Fidelity have some good ones. They invest in a variety of markets and beat mutual funds over time. They also have low expense ratios. So if you want to look at seperate fund companies take a look at some of Vanguard’s index funds.

]]> By: Greg S http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1821 Greg S Sat, 04 Apr 2009 04:20:09 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1821 Mutual funds are diversified to an extent. It is always good to diversify even if it's between different fund managers. Also it's good to get different investments working for you why not have some CDs and bonds as well. It never hurts to have a small amount of income investing to go with your growth investing. Mutual funds are diversified to an extent. It is always good to diversify even if it’s between different fund managers. Also it’s good to get different investments working for you why not have some CDs and bonds as well. It never hurts to have a small amount of income investing to go with your growth investing.

]]> By: Barney http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1820 Barney Sat, 04 Apr 2009 01:36:07 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1820 Did you know that 80% of mutual funds under perform the market? Just a thought. Did you know that 80% of mutual funds under perform the market? Just a thought.

]]> By: Martin S http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1819 Martin S Fri, 03 Apr 2009 02:56:01 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1819 Why don't you invest ALL of it into money market accounts of flexible CDs and the worst thing that could happen is that the interest you are recieving might go down a little. I lost thousands on 9/11. It took until february of this year to get my money BACK. Felx CDs or money-markets might not get the amazing "millionare overnight" of the stock market, but they won't make you poor either. Why don’t you invest ALL of it into money market accounts of flexible CDs and the worst thing that could happen is that the interest you are recieving might go down a little.

I lost thousands on 9/11. It took until february of this year to get my money BACK. Felx CDs or money-markets might not get the amazing “millionare overnight” of the stock market, but they won’t make you poor either.

]]> By: King James http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/comment-page-1/#comment-1818 King James Wed, 01 Apr 2009 09:51:32 +0000 http://www.secretfinance.com/blog/is-it-wise-to-invest-in-different-mutual-fund-companies-or-just-one/#comment-1818 diversify! don't put all ur eggs in one basket diversify! don’t put all ur eggs in one basket

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