Greetings, MaineFool, and welcome.<<Which of the following options would be feasible and suggested for investing $278.00/month electronic investment plan:1. Short-term Treasury Bill Money Market Fund.T-bill funds only with maximum maturities of six months which DO NOT USE DERATIVES.2. A no load global bond fund such as Payden & Rygel Global Bond Fixed Income A.3. A no load balanced mutual fund with a four or fivestar Morningstar rating.4. Other.>>What are you trying to do that money, invest it or preserve it? Your first three choices are ultra-conservative by most standards. If that's what you desire, then any will do for reasonable protection of principal. However, they won't do much for gains. If this is money you know you will use in the next five years or so, then the choices are probably appropriate for you. OTOH, if you're looking for growth, you will probably be better off in a no-load, low-cost S&P 500 stock index fund.Regards…..Pixy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<