American Funds Growth Fund A
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Raul Said:
Adding to a growth fund?We Answered:
Since you have never seen this money, you'll never miss it, right?Let it grow until it doubles, and doubles again, so by the time you're old like me, at 44, you can use it as collateral to buy a house!
Add to your savings whenever you can, but never invest a penny you can't afford to lose. You always want to be satisfied you are building something for the future.
An old African proverb-
Never eat the children of your money...
Look up compound interest, and see the power of compounding over time. Early investing makes later investing more profitable, and less painful.
Check out Fidelity. They have some awesome no load funds that ROCK!
Also, where you work, get in on the new Roth 401(K) plan. You will be very pleased with the tax deferred savings.