Stocks

[RockHardTen1985]

Originally Posted by gales0678

if you are really going to put money into mutual funds for a peroid of time say 10 , 20 , 30 yrs , go with the index funds

the index funds have the lowest costs and over time outperform 95 % of all the mutual funds

over the course of 10 , 20 , 30 yrs , if you can save money by not paying froned end fees , 12b1 fees and early withdrawl fees you will outperfom 95 % of all the mutual funds out there

there are too many average people out there managing money , stick with a plain vanilla index fund and laugh all the way to the bank in 30 yrs

Do you need a set amount up front, is $300 a month simply not enough.... If you wanna PM me, thats cool.

[gales0678]

Originally Posted by RockHardTen1985

Do you need a set amount up front, is $300 a month simply not enough.... If you wanna PM me, thats cool.

i'll check , there are some where you can get in cheap and don't need $3k

[MaTH716]

Originally Posted by gales0678

i'll check , there are some where you can get in cheap and don't need $3k

Put him into a Dividend reinvestment program.

[gales0678]

Originally Posted by MaTH716

Put him into a Dividend reinvestment program.

yup , KO or PEP would probably be good for Joe

simple porduct , leader in the field , and the product gets used over and over again

[MaTH716]

Originally Posted by gales0678

yup , KO or PEP would probably be good for Joe

simple porduct , leader in the field , and the product gets used over and over again

Seriously, no fees, deal with computershare or a company like that and he can buy as much as he wants.

[gales0678]

Originally Posted by MaTH716

Seriously, no fees, deal with computershare or a company like that and he can buy as much as he wants.

i agree

can't think of better drip out there than KO

and he can buy the product at the track or otb

it's gotta a decent yield right now as well that will only grow over time for him