written by reader Best preforming mutual funds for tiny IRA rollover

By mirbymom, January 20, 2020

I have a mutual fund which has about $1100 I’d like to roll out of this ridiculous investing app anyone have a good suggestion what I might invest in

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bunion132
8 months ago

Mine is a biased opinion based on the last crash (2008-2009) wherein the average working stiff saw his/her 401K — invested in various mutual funds — melt down to almost nothing, if not negative after all the fees. I would suggest opening and moving your money to a brokerage account where you have full control to trade in/out of ETFs as needed. Assuming you’re thinking relatively safe haven during a downturn in the market or long-term assets, I would suggest ETFs in precious metals. For example, there are various ETFs for gold — bullion, platinum, palladium, tracking just the price, major miners, junior miners, etc. — to choose from. A more volatile alternative would be silver and other precious metals.

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