Best of the Technology Mutual Funds

Article Excerpt

Many tech stocks have moved up lately, and the Nasdaq composite index is now at 2,360, its highest level since 2001. Spending by corporations for information technology products and services should continue to rise this year, along with the U.S. economy. New U.S. regulatory requirements for record maintenance should also increase the demand for computer equipment and software. Still, it would be a risky mistake to let these stocks dominate your portfolio. Although their outlook is bright, they remain highly volatile. You also need to avoid more junior techs that may have more conceptual than financial appeal. Many such stocks can make great scientific progress without making much if any money for investors. If you want to invest in tech funds, limit your investment to modest quantities. And these funds should only make up a portion of the manufacturing sector holdings in your portfolio. Above all, invest only in funds, like these two, that focus on established businesses rather than start-ups. TD SCIENCE &…

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