–  There are over 8000 mutual funds in existence!  How do you find one that’s good for you?  When looking for mutual funds, look for funds with long, solid track records.  I don’t care what they did in the last 1-, 3-, or 5- years, because I’m not investing for the next 1-, 3- or 5-year periods!  I’m investing for the next 30, 40, 50 years!

– Any old crap mutual fund could have done well in the late 90’s, the mid-2000’s, or from 2011-present.  I don’t care about that, I want to know what their average annual return has been since the fund’s inception, which should have been a long time ago!  I don’t invest in funds that are less than 10 years old.  The youngest fund we’re currently invested in is 16 years old, and the oldest is over 60!

– The average annual return for equities (stocks) as an asset class over the last 80 years or so is around 11%.  You should be looking for mutual funds with average annual lifetime returns in that ballpark.  They’re out there!  Check with your investment advisor before investing in anything, but this fund has a lifetime annual return of over 13.5% over  the last 42 years!