Friday, April 23, 2010

Mutual Fund

We will invest in Reynolds Blue Chip Growth (RBCGX). The mutual fund is currently selling at 50.08, and has increased $1,064 in value over the last year (for a $10,000 investment). We will also be investing because Blue Chip Growth is a very diverse mutual fund, inevesting in large corperations such as Apple, Google, Disney, Best Buy, OfiiceMax, Rordstrom, and McDonalds. Stocks that it invested in that are doing extremely well are Finisar Corporation, Massey Energy Company, and JDS Uniphase Corporation.

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