Anyone have a good site that ranks mutual funds or describes different ones. I have checked some of the bigger market news site but they seem to have almost nothing on the subject. AllenZ
[QUOTE.... My wife an I just sold our house and have a decent sum (+250K) of profit and we'd like to gain more than the "prevailing rate" from a "bank" type of investment. We're in no rush to buy a house again, as my opinion is that the housing market has nowhere to go but flat to down where we are (Northeast FL.) [/B][/QUOTE] My advice: dont ask for this type of advice on a public board. IF you want access to salespeople then, yes, ask such a question on a public board. Better strategy: research this directly yourself through available resources: other internet sites, library, etc.
Damn caltrader- I thought I was about to get a freeride as my houe is in escrow and at the end of the month I should have some former trading profits and a bunch of appreciation in my pocket and my wifes). You mean I am going to have to research long track records of good return low draw downs and managers who take say 100 K at a time. Good luck to me huh.
American Trust & Mattress ---- it's the only mattress that combines comfort for you and security for your money. Did you know that money kept in a mattress outperformed the Standard & Poor Index two out of the past three years? And your cash is safe in a mattress from American Trust & Mattress. Because each mattress is protected by law ---- clearly set forth on the mattress tag ---- making it a crime punishable by fine and imprisonment to remove the tag or to remove any contents of the mattress. You'll sleep better at night knowing your money is safe ---- in your mattress.
LOL With the 1 yr. CD rate around 2.15% American Trust and Mattress may be the ticket. (If I remove the tag am I subject to penalties and loss of interest?)
AT&M may be the way to go. I have so many relatives who are screaming for return that refuse to conisder a postion in AT&M. It also seems that with this rally all the brokers are starting to reccommend "safe" mutual funds.
Where to park short term? Do you want easy access to money during that short term? You know the old saying, "Cash is King"