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Author: cdwillie76 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75530  
Subject: Need Roth Investment Ideas Date: 7/30/2001 9:36 PM
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Currently I have a Roth IRA invested in the Omega Fund which is part of the Evergreen Family. When I opened it 2.5 years ago, I didn't know any better about fees and such. After doing some research, that fund family doesn't impress me much. Sooooo fools, I am looking for some suggestions on what fund family to get into and what funds to invest in. I am investing 100 dollars every month and plan on maxing it out at the end of the year. The current value of the Roth is about 6500. I have been looking at opening an account at Vanguard. Any other suggestions???

Thanks!!
Chris
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Author: jbking Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 31065 of 75530
Subject: Re: Need Roth Investment Ideas Date: 7/30/2001 10:25 PM
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Greetings Chris,

Sooooo fools, I am looking for some suggestions on what fund family to get into and what funds to invest in. I am investing 100 dollars every month and plan on maxing it out at the end of the year. The current value of the Roth is about 6500. I have been looking at opening an account at Vanguard. Any other suggestions???

I'd likely say that another good fund family would be TIAA-CREF(www.tiaa-cref.com) that is also pretty good. Both companies though have at least a few good funds that you may want to look at. If you want some more oomph then I could suggest Janus, Oak Associates and PBHG for more aggressive fare and if you want a value tilt then Oakmark, Longleaf and Dodge & Cox come to mind but understand that these last fund families tend to each have their specialization and so it may take a couple of fund families to get the balance that comes more easily from a Fidelity, Vanguard, TIAA-CREF or T. Rowe Price.

FWIW, my Roth is with Vanguard in a couple of their funds.

Cheers,
JB

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Author: notsodumb Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 31066 of 75530
Subject: Re: Need Roth Investment Ideas Date: 7/31/2001 12:40 PM
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I personally have 23 mutual funds that are spread
over 4 different fund families. An analysis of all the funds yields approximately the same results: many of the same stocks are in each of the funds resulting in poor diversification. I was forced into this
bizzare arrangement by having to chose options in the 401k, 403b, Roth
IRA, standard IRA, and personal holding accounts. Having just retired I will now be able to move many of these scattered funds into just one or two fund families. Most of my MFS funds will be the first to go (high initial fees, poor performance, investment consulting fees paid to other companies, 12b1 fees, pooly designed quarterly reports).

I would recommend that you stick with the Vangard fund family for now due to the no load or low load funds plus the low maintenance fees. If you want to be invested in stock mutual funds then the Vangard S&P 500 mutual fund will, with the minimum risk, be a good choice.

Get on the internet and find performance reviews regarding all
S&P 500 funds that are available. You will find that these funds
will outperform most managed funds. How some S&P funds have the
guts to charge high maintenance fees for this type of fund is beyond comprehension.

You will see that not all of these funds treat you equally as far
as far as initial sales charge, 12B1 fees, annual fees.

All that said, you do owe it to yourself to check out the recommendations sent in by other reviewers of your posting who are
on probably on the cutting of edge of investing.
Its your money, try to keep more of it working for you.



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Author: jrr7 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 31069 of 75530
Subject: Re: Need Roth Investment Ideas Date: 7/31/2001 2:18 PM
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many of the same stocks are in each of the funds resulting in poor diversification

I wouldn't call that "poor diversification". But you're not as diversified as your holdings would otherwise indicate. For instance, Vanguard Stock Fund + Vanguard Bond Fund is likely to be more diversified than Vanguard Stock Fund + Fidelity Stock Fund.

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