Thursday, July 29, 2010

Where can I get advice for future performance of mutual funds and/or stocks.?

I'm tired of seeing ads and claims of current and past performances. Does anyone know where I can find of list of funds/stocks that have a great shot of doing well in the future?Where can I get advice for future performance of mutual funds and/or stocks.?
There is no trustworthy list of stocks. The stock market is highly unpredictable. In a way you could argue it is ';designed'; to be unpredictable. Let's suppose most people knew that XYZ stock was an obvious good buy. What would they do? They'd buy the stock and push the price up so high that it would soon be too high. At that point, people would worry it was too high, and it wouldn't be an obvious good buy. That's why there can not be an obvious good buy. (This is an oversimplification, but it does explain why there is no list of obvious great shots.)





To invest in the stock market, you buy a diversified group of stocks, either on your own, or through a mutual fund. You hold out for the long run (greater than 20 years), and you will do well through many up and downs.





I like Vanguard.com they have many mutual funds that have done well over greater than 25 years, like Windsor and the 500 Index Fund.Where can I get advice for future performance of mutual funds and/or stocks.?
I am right here.





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Most companies aren't going to give you anything like that. Giving such forward-looking info can open them up to liability. In order to get that kind of info, you can either do a LOT of research on trends, or find an analyst who does it for you. There are a lot of newsletters out there that try to predict what may be happening, you can look into them and see if you find someone with a good record that you'd like to try out.

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