Solid Mutual Funds With High Minimums.

Those of you who have read this site for a while have probably realized that I am mostly a “set it and forget it” type of investor. While I have a regular brokerage account at Scottrade (more about this in an upcoming post), I no longer buy individual stocks – I am an all-mutual fund kind of guy now. I like to get in, contribute monthly, and let the guys who (hopefully) know more than I do, do all the hard work. Well, I just finished reading an article at SmartMoney that was discussing 13 high-minimum funds that supposedly give pretty solid returns, and I am always on the lookout for decent funds to contemplate getting into. Because some of you are also interested in mutual fund investing, I figured I would pass along the article for you to read in case you missed it. These funds have VERY high minimum investments, but if you have the money and want to get into some funds that are doing well, you might want to take a look. The funds they talk about are the Dreyfus BASIC S&P 500, Federated Mid-Cap Index, Fidelity Four-in-One, Fidelity Spartan 500, Frontegra IronBridge Small Cap, Harbor Capital Appreciation, Harbor Internationa, Masters’ Select International, Sound Shore, Vanguard 500, Vanguard International Growth, Vanguard Selected Value, and the Vanguard Tax-Managed International. The smallest minimum of them all is $10,000, so come with your wallet open! SmartMoney

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