Fund picks and pans stocks

Posts Tagged ‘great time’

When buying mutual funds, what are the most important aspects to look at?

June 5th, 2010

Okay, I’m new to investing in funds.

I know a bit here or there, but I’m still learning. I don’t know enough to trust myself jumping into anything yet.

What I’m looking for is long-term stuff, like something for retirement. I’m 22 now so I guess it’s a great time to start.

What is the top parameters I should look for when browsing mutual funds? Like when browsing MorningStar I see NAV and Expense Ratios (I know what they are) but how do I know what is more important? Also, once I know what is important, how do I know if it’s good. I figured you probably want a low expense ratio, but what would you consider "low"?

I guess I just wanna know what to look for in numbers.