lilghettoboi

Does anyone have any suggestions of good Aggressive Mutual Funds that are doing well? I am planning to keep this fund for maybe 5-10 years. Thank you in advance for all your suggestions!

noshow_nogo

check out CAIBX

special-ed

Looking at the 3yr weekly, looks like it may bounce off that 50 day moving average. Might be a good time to get in if you can afford the $61+/share and/or min requirements that might be a factor.

I don't know too much about the fund itself, so do your due diligence.

On another note, the company I used to work for (Waddell & Reed) has some pretty good international funds and asset strategy funds. More risky with the international but the returns have been pretty nice.

iTimmy

There are some phenomenal returns available on some funds, but some of the really profitable ones are also very risky. Some of the safer bets have higher minimums, two in particular that come to mind that are fairly safe are Vanguard Energy fund(VGENX) and Vanguard Emerging Markets(VEIEX), the energy fund has a 25k minimum and the emerging markets has a 3k minimum. T. Rowe price has some amazing funds, lower minimums and greater flexibility but higher expense ratios and what I feel is greater risk, however, with greater risk comes greater possible reward - I suppose it comes down to how greedy you are and how big your balls are.

Instead of me listing all of their funds that yield over 30% I'll let you look for yourself.
http://www.troweprice.com/common/indexHtml2/0,0,htmlid=111,00.html?scn=T._Rowe_Price's_5-_a&rfpgid=7132

moonraker

cgmfx

ken heebner runs it and its high risk/high reward.

iTimmy

Good recommendation

hornyleprechaun

FMAGX - What is anyone's opinion on that fund? It just reopened to investors after 10 years of not letting new investors.

Scrib

NEWFX


As a note, American Funds carry a rather large fund load to them unless you're already heavily invested into the family of funds...

Scrib

Magellan had a good track record back in the late 90s, but really became a turd due to management issues.

I think you could do better, to be honest.

hornyleprechaun

Yeah it didn't jump out at me, but I did receive it in an e-mail from Fidelity. I was just curious about it. Thanks though

special-ed

I agree. Morningstar has several tools that will allow you to sift through many of the funds. I believe they'll provide you access to some additional tools on a trial basis if you don't feel like paying.

moonraker

yea magellan reopened for a reason....

i'd steer clear of it until the management team can prove they have a good grasp on how to invest/trade in a more volatile market

hornyleprechaun

Yeah that is exactly what I was thinking. I know a lot of funds aren't doing to well since the new year, but magellan is doing pretty bad. I figured they reopened to get some more $ from people.