Expert: Dr. Joseph de Beauchamp - 10/18/2006

Question
Hello Dr.

I had a question about early investments.  I am 20 yrs old, not in college, working in the corporate world.  In your opinion and what you have seen, as far as WHAT to be looking at when it comes to investing and putting discretionary money for the best return. (My goal is between $100-$200/mo.) I guess, a gameplan for the next 5 years on what you think would yield great returns.  Looks like I work well with short-term goals.  Thanks a lot in advance for your expertise.

Daniel

Answer
For free information, go to the local public library and look through the Morningstar book. It covers nearly 15,000 mutual funds. It ranks them and gives an excellent description of each. This is the best place to put the monthly amounts for now. You will find several to look over in the large Morningstar book.

Dr. Joseph deBeauchamp