Computer Exercise #7 - Mutual Fund Hunt - 04-13-2011

Computer Exercise #7 - Mutual Fund Hunt - 04-13-2011 - EE...

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Unformatted text preview: EE 0822 COMPUTER EXERCISE #8 Mr. Lengkeek MUTUAL FUND HUNT! 7. MUTUAL FUND HUNT! 7.1 INTRODUCTION The goal of this computer exercise is for you to become familiar with the many different mutual funds and to apply your asset allocation knowledge to mutual fund choices. Your goal will be to select 5 mutual funds and gather information as to why you believe they are the best choices. We know now that a mutual fund is a company that allows the individual investor to be an owner of a number of shares which they ordinarily could not afford to buy themselves. One of the advantages of owning mutual funds is that they are less volatile than owning a few stocks. However, on the flip side because there is a reduction in volatility (risk) there is also a reduction in return (profit). BEST WAY TO INVEST $1,000 RIGHT NOW Thinking of buying all your favorite stocks with just a grand? Forget it. For your own safety, you'll need a different approach. Fortunately, there's free help. By Harry Domash - MSN Money - Mutual Funds11/4/2009 So you want to start investing, but you have only $1,000? Top mutual funds and fund managers Don't even think about individual stocks. Even great stock pickers come up with their shares of duds. You need to own at least 10 stocks to keep one clunker from sinking your portfolio returns. You can't do that with $1,000....
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Computer Exercise #7 - Mutual Fund Hunt - 04-13-2011 - EE...

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