AboutDr. Joseph de Beauchamp Expertise As an MBA professor, I publish on over 2000 public companies. I engage in conversations with them daily. I love to help people find good advice in this complex market.
Expert: Dr. Joseph de Beauchamp Date: 5/31/2005 Subject: Looking to Invest into Tech Stocks.
Question Hi Dr. Joe, I'm 24 years old and I have been very intrested in investing lately. I have 1500 dollars to begin investing and would like to know what your recommendation is. I want to be able to get the most out of my money, and I was planning to use it for this vacation I am going on with my family to Maui. I have a plan in mind and would like to know what you think. My plan is to buy some shares of google(goog) and autodesk(adsk) with about 1000 of my dollars and with the remaining 500, I wanted to buy some penny stocks like ASTM and STEM which are under 5 dollars and moving quick. What do you think? I would really like your expertise on this matter. Thanks for your time, DAN.
Answer I never ever recommend anyone trying any stocks. Only if they can afford 10 stocks, and over 100 round lot shares; then I might recommend investing. I am very clear on this. I do not recommend this investment strategy to you.
I however recommend you check out http://wfnn.info or http://www.morningstar.com for mutual funds. I am sorry but would be surprised if anyone professional would recommend short of a mutual fund for you.
Here is a list of the better funds:
Highest Returning
Ticker Name 10 Year total return
BRUSX Bridgeway Ultra-Small Company 23.78
BRAGX Bridgeway Aggressive Investors 1 21.31
CVGRX Calamos Growth A 21.19
EUEYX Alpine U.S. Real Estate Equity Y 21.06
BRUFX Bruce 20.31
CGMRX CGM Realty 20.30
SSRAX BlackRock Aurora Inv A 19.73
MVALX Meridian Value 19.69
VGHCX Vanguard Health Care 19.26
SSGRX BlackRock Global Resources Inv A 18.48
FSLBX Fidelity Select Brokerage & Investmnt 17.42
MSUSX Morgan Stanley Inst US Real Estate A 17.32
ETHSX Eaton Vance Worldwide Health Sci A 17.02
BGRFX Baron Growth 16.95
WGROX Wasatch Core Growth 16.90
MMCFX Managers Fremont Micro-Cap 16.68
MUHLX Muhlenkamp 16.63
FSPCX Fidelity Select Insurance 16.59
SACPX Salomon Brothers Capital O 16.51
KSCVX Keeley Small Cap Value 16.42
PQNCX Allianz OCC Renaissance C 16.41
WVALX Weitz Value 16.38
FLPSX Fidelity Low-Priced Stock 16.37
NBGNX Neuberger Berman Genesis Inv 16.33
BPTRX Baron Partners 16.32
LMVTX Legg Mason Value Prim 16.30
WPVLX Weitz Partners Value 16.28
PHRAX Phoenix-Duff&Phelps Real Estate Sec A 16.07
MPGFX Mairs & Power Growth 15.94
FSTEX AIM Energy Inv 15.92
VGENX Vanguard Energy 15.92
FPPTX FPA Capital 15.90
DFAVX Dimensional U.S. Small Cap Value II 15.87
WEHIX Weitz Hickory 15.84
FMILX Fidelity New Millennium 15.76
DFSVX Dimensional U.S. Small Cap Value 15.75
JSIVX Janus Small Cap Value Instl 15.73
FSDAX Fidelity Select Defense & Aerospace 15.70
CMNWX WM West Coast Equity A 15.69
FEXPX Fidelity Export & Multinational 15.65
