I've got 10K to invest, but in what?

[BeBMan]

[Arrian]

Originally posted by One_more_turn
Arrian, you better fire your advisors immediately because they showed their dishonesty by steering you toward mediocre performing load funds.

Not hard, considering we're not paying for the advice. It was a free consult @ Smith Barney.

Anyway, I'm glad everyone agrees with my gut reaction to load fees. They smelled like bull**** to me. Done and done, none of that.

...

DanS,

Thanks for the advice re: time-horizon. Obviously the money that's already in the three funds I listed will stay, as everything is down. I'll wait that out. Maybe 10-15 years becomes 15-20. That's fine. The basic purpose is to grow the money for two possibilities: money for child-related expenses or (if no child) possible vacation home or other fun stuff.

So the question is what to do with the rest of the money. Right now it's sitting in an ING savings account earning bupkis. Well, not bupkis, but not much. CD rates appear pretty bad.

Nice timing wrt IVV

-Arrian

[Arrian]

Odd. I'm playing around on Morningstar, and I looked up some bond funds. I came across Nuveen CT Bond (FCTTX). Contrary to the info we got from Smith Barney (4.2% front end load), Morningstar has it listed as a no-load fund.

WTF?

edit: I plug FCTTX into google and it tells me it has a 4.2% load. Meh.

-Arrian

[Geronimo]

Originally posted by Saras
What kind of education do you have? Education is a great investment

requires money and time.

[pchang]

Try FICNX

Fidelity Connecticut Municipal Bond Fund. Should be about the same as the Nuveen and this is truly a no-load one.