Tilted Forum Project Discussion Community - View Single Post - How much of my check to put in a mutual fund?

macmanmike6100 · 02-23-2004, 10:08 PM

I have recently decided to put some money away in a 4-star no-load mutual fund offered by my employer (Dreyfus Appreciation Fund, Inc...the best one they offered).

I am not inclined to change where I'm investing just yet because it's a safe bet for the short-term and as a start, but suggestions for future investment would be helpful.

My main question is: <b>what percentage of each paycheck should go to this fund?</b>

The paycheck is entirely supplementary (i.e. I can live without it) so am splitting it between a savings account (2-3% annual interest) and the aforementioned fund.

02-23-2004, 10:08 PM	#1 (permalink)
macmanmike6100 High Honorary Junkie Location: Tri-state.	How much of my check to put in a mutual fund? I have recently decided to put some money away in a 4-star no-load mutual fund offered by my employer (Dreyfus Appreciation Fund, Inc...the best one they offered). I am not inclined to change where I'm investing just yet because it's a safe bet for the short-term and as a start, but suggestions for future investment would be helpful. My main question is: <b>what percentage of each paycheck should go to this fund?</b> The paycheck is entirely supplementary (i.e. I can live without it) so am splitting it between a savings account (2-3% annual interest) and the aforementioned fund.