tips of investing in mutual funds for beginners?

look for the fee $ or fee% and compare it to comparable fees at other firms

Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, demographics, income & expenses, and your current liabilities it would be very inappropriate for me or any other responsible person to provide specific investment information in this type of media.

Also it would not be appropriate for any professional to provide any specific investing advice based on the information provided. And it would not be prudent for you to accept any specific investment advice from unknown individuals here at YA or a similar media.

There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs and Master Limited Partnerships have an entire array of products many will fit your needs. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing. And take the time to read “Common Sense on Mutual Funds” by John Bogle & David Swenson, or just read – “Bogle on Mutual Funds” by John Bogle.

You could also contact the funds companies for more information. I have found that Vanguard (http://www.vanguard.com/) & Fidelity Investments (https://www.fidelity.com/)

can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful. You can also read about Master Limited Partnerships at “the Dividend Detective” http://www.dividenddetective.com/

Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves.

Good luck on your journey

VTSMX - total market index

VFINX - S&P500 index

Either of these is a good beginner fund. Read Investing for Dummies by Eric Tyson.

Do you already have 3 -6 months of living expenses in your emergency fund?? Do this 1st, and then think about investing.