Quote:
Originally Posted by KellyJef
How do you find a mutual fund that has a 12% rate of return????
|
There actually are quite a few that have a long-term average annual return in that range. Vanguard, for example, has 3 among funds open at least 10 years. I own one of them - VGHCX - which has a since-inception return of 16.18%. Another of my funds - HRTVX - has averaged 12.44% since 1984. I'm sure if you search around, you can find plenty of others.