Two Titanic Funds to Buy Now

Ok, good to know, you say. But where can you find solid, reputable no-load funds that will open its doors to someone looking to invest, say $2,000? Well, look no further! Here are two no-load funds with low minimums, high returns, and a captain who knows how to steer his ship through rough seas.

• Selected American Shares (SLASK)

The fund manager, Chris Davis, is still young enough to have another 20 years or more before he retires. That being said, he has a stellar record that is almost unsurpassed in the mutual fund industry. I believe in him so much that I put all three of my grandchildren in it!

• Oakmark Equity & Income (OAKBX)

If you watched my latest installment of "The Path to Profitable Investing: Bull & Bear Markets" then you already know that I am a big fan of the Oakmark Equity & Income fund. If you are looking for a fund that includes bonds as well as stocks, OAKBX is the fund for you. It typically has 50%-75% of its portfolio in stocks and 15%-20% in bonds. So you've got a ready-made balanced portfolio.

Ironclad Funds for Every Investor

So there you have it–two of my favorite funds for a sinking economy. I believe in these funds (and their managers!), and so should you.

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