Expert: Dr. Joseph de Beauchamp - 3/24/2007

Question
hi. i'm new to the stock market. is there a EQUITY GROWTH fund that i can buy into? my 401K through home depot is doing very well, and i have it all in equity growth. looks like even if i stop saving into it, it will make money. hhmmmmm......

Answer
I would recommend that you first look to see what is approved at Home Depot, from a funds standpoint. Then, go to your local library and for free pull out the Morningstar book. This book is over 3000 pages, and should be done in person, and not try to read this information over the Internet, too many pages. Look over the funds, which are ranked, and select the the one or two that you are interested investment. This is a good way to understand the selection process. Morningstar does a good job in the selection process and ranks funds.

Dr. Joseph de Beauchamp