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Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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Kiplinger 25: Best Large-Cap Growth Funds





Kiplinger Personal Finance's 2006 mutual fund review recommends the following funds focusing on large-cap growth stocks:

Marsico Growth (MGRIX)
T. Rowe Price Growth Stock (PRGFX)
Masters' Select Equity (MSEFX)
anguard Primecap Core (VPCCX)


(P.S. The review was published in May, 2006.)

From Kiplinger's Personal Finance:

The past five years have been unkind to investors in T. Rowe Price Growth Stock (PRGFX), as well as most other funds that specialize in big, fast-growing companies. Bob Smith guided Growth Stock to a 3% annualized gain over that stretch. The average fund in this category lost an annualized 1%.

Given their recent record, why bother with these kinds of funds at all? Because they can sizzle, as they demonstrated in the late 1990s, and they are bound to do so again. When their turn comes, Smith's fund will be well positioned. Smith, who buys stocks only when he thinks they're reasonably priced, holds solid growth companies such as Amgen, General Electric and Microsoft.

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