Re: Safe Mutual Funds
If you are very risk adverse a bond fund would likely be a better choice. Though I believe the yield curves are inverted right now, and I'm not sure what the yields are on investment grade bonds are, so that might be of limited use.
Any time you get involved with equities you are going to be taking on risk. If you are not going to need this money in 7+ years you should seek to find better returns.
HSBC, ING, and Emigrant Direct may be good short term options as I believe they are currently offering 4.8/4.75/4.25% respectively.
Going to morning star and using their ETF or Fund selector and looking under 'large value' will show you ETFs or Mutual Funds that have a low amount of risk.
|