Mutual Funds
from American Funds

Umm, I invested all of my savings to American Funds on March 2006 as my IRA, and I lost 48% of wealth as of today since. I am afraid my money will disappear to 0 without spending! I don't know how much American funds should be investing to companies like Chevron & GE, the old school way of thinking companies. Does anyone have any idea?

My company keeps our retirement funds with American Funds, in their specially designed Retirement account. This feature takes into consideration when the policy holder is slated to retire, so that as he ages the distribution of the holdings will vary accordingly. It is a good program for those who might not know what to do otherwise. I might wish my return was better that it is right now, but t…hats a problem of the economy as a whole, and with several years left, it will get better.
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American Funds is one of the most trusted and successful investment companies. They worked with me to find an investment opportunity which worked for me based on my resources and needs. I'd heartily recommend American Funds to anyone.