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Author: GrayWulff Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75339  
Subject: Re: New investor, am I on the right track? Date: 11/6/1999 5:22 PM
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Welcome to TMF.

Are you on the right track? Sure you are! The most important thing is to begin regular savings. You've done that. You're in the stream, now you have to evaluate whether you're saving enough and investing it in the best way for yourself. That's a bit harder to do, but it's not that hard.

I'm a little concerned about your choice of mutual funds. Both funds have good performance over the past few years, beating the S&P500; but they also have loads, high turnover rates, and rather high annual expenses. Personally, I won't touch funds with loads of any kind. There are almost always comparable no-load funds available, so why pay some salesman 4 to 5% of your hard earned money.

I think you should compare your funds to Vanguard's VFINX and VIGRX. Get prospectuses and calculate carefully. VIGRX will be the best comparison for these two funds because it is also an aggressive fund and will have comparable risks.

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