Quote:
Originally Posted by gales0678
they get you with the 12b-1 fees doreen
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Fine! But just how is a person who isn't investment savvy going to go about investing without paying someone a fee for their services? I'd say no-loads are the safest and the least costly in fees. Perhaps it might be best to save whatever one can afford a month and invest a lump sum a couple times a year. Buy a no penalty CD once a month. The interest is crap, but it's better than a savings account.
There is so little anymore on which to make money - real estate investing is not for the faint of heart, stocks are scary, money market, CD's, savings accounts pay little. And, IRS will be stepping in come the first of 2012 to monitor precious metal buying and selling above $600 through coin dealers.