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The following companies offer funds for do it yourself investing, meaning you do not need a financial advisor to purchase the funds. What is more, most of these funds are no load funds, meaning you can invest in them without having to pay a commission.
Vanguard
Ask about the vanguard life strategy funds. Also ask about the vanguard star fund. Finally ask about the vanguard balanced fund, a very low cost balance fund with an excellent long term tack record.
Fidelity investments
Ask about the fidelity freedom funds. These asset allocations funds come with a due date. The idea is that you invest in the fund with the date closest to when you think you are going to want to start taking money out of the fund. Also ask about the fidelity balanced fund.
Charles Schwab
Ask about the Schwab market track series of funds. Schwab currently offer four funds in the series, ranging from conservative to growth. Also ask about Schwab’s balanced market masters funds.
Dodge and Cox
Ask about the dodge and cox balanced fund. This fund is consistently ranked as one of the top no load balanced funds with track record going back to 1931.
- Rowe Price
Ask about the T. Rowe price retirement series. Like the fidelity freedom funds, these funds come with a due date.
American Century
Ask about the American century strategy asset allocation funds. There are three of them: conservative, moderate and aggressive.
Scudder
Ask about the scudder pathway funds. Scudder offers three: moderate, conservative and growth.
Wells Fargo
Wells Fargo offers both asset allocation funds and strategically, managed asset allocation funds. Ask about both.
Washington Mutual
Ask about the WM strategic asset management funds. They currently offer five fund of fund products. For details on these funds.
Bank of America
Ask about the Nations Life Goal funds. They include three asset allocations funds such as income & growth, balanced growth and growth.
Bank One
Ask about the funds called one group investor. There are three asset allocation funds such as conservative growth, growth & income and investors growth.
Putnam Funds
Putnam funds are sold through full service financial advisors such as Morgan Stanley, Merrill Lynch and Edward Jones. Ask your advisor to show you the three Putnam asset association funds such as conservative, balanced and growth.
Van Kampen Investments
Van Kampen funds are also sole through full service financial advisors. Ask them about the van kampen equity and income fund. It is been around since 1960 and has a solid long term track record with a balanced approach to investing.
