| The best investment for the new investor | | | | investment companies offer the best investment |
| features professional investment management | | | | management that is both available to and |
| and asset allocation with an investment company | | | | affordable to the investing public. They are a |
| you can trust. Though today's headlines make | | | | great place to start investing. |
| investor fraud look like the national pastime, there | | | | Some of the funds they offer take care of the |
| are places the new investor can invest with | | | | asset allocation for you as well, at a total cost of |
| confidence. Read on, and I'll fill you in and steer | | | | 1% a year or less. These are called BALANCED |
| you toward the best investment management | | | | FUNDS, which in my opinion are the best |
| that's very affordable. | | | | investment for the inexperienced or new investor |
| As an inexperienced or new investor you need | | | | who wants to keep things simple. Balanced funds |
| help with investment management and asset | | | | do the asset allocation for you by investing in |
| allocation, even if you don't fully understand these | | | | stocks and bonds and money market securities. |
| terms. You also need help in separating the good | | | | Balanced funds range in risk from conservative to |
| guys from the bad guys. Let's start with the | | | | aggressive. You simply pick the fund that fits |
| latter. | | | | your comfort level, and they do the rest. Millions |
| Financial fraud and illegal schemes that financially | | | | of investors trust the major fund companies, and |
| wipe out innocent investors are largely the domain | | | | the mutual fund industry has been regulated by |
| of independent operators or middlemen. You can | | | | the government for years. So, relax new investor |
| best avoid them by investing directly with a | | | | and start small. |
| major investment company. By definition, a | | | | You can start investing with a trustworthy |
| mutual fund is an investment company. | | | | investment company that takes care of the |
| To find one you can afford and trust, go to your | | | | investment management and asset allocation for |
| favorite search engine and enter "top mutual | | | | you at relatively low cost. Then if you want to |
| funds". Some of the fund companies listed work | | | | grow and learn to invest on your own, find |
| directly with investors and have no sales charges. | | | | yourself a good investing guide and pour over it. |
| Included are the two largest in America: Fidelity | | | | Who knows, someday people might be coming to |
| and Vanguard. In my opinion, these large | | | | you for investment help. |