Posted on 04/14/2011 1:10:14 PM PDT by hattend
You should also have an L-fund, based on your target retirement date. So, if you’re 10 years from now you choose the L-2020 fund. If you’re 20 years from retirement, you choose the L-2030 fund. Etc. That fund is fully diversified across all the different asset classes. That’s really the best choice for the long run.
Good luck to you.
I was trained in Economics and was a financial analyst for almost thirty years so I do know a little about this.
Buy low, sell high.
Buy a good, well-managed stock mutual fund that goes up.
If it doesn’t go up, don’t buy it.
Thanks!
I do have those choices as well. I have not been given “Permission” from my wife to stay past 2 to 3 years, let alone 10-20-30 years or longer. So I am not sure if I will be staying in NWS.
But thanks for the reminder of those funds as well.
I’ll fire up the time machine and get back to you...LOL!!
No licensed financial adviser is going to give you an opinion on an Internet chat board. You will get opinions, but they will be free anonymous opinions on an Internet chat board. How much are they worth?
Get out of the Government Securities and do not invest in the Fixed income index. Depending on your tolerance for risk and fluctuations in your investments the other three are your best options. Over a long period of time ( >7 years) a well managed small cap should outperform a Common Stock index but will be more volatile.
I understand that.
The advice is worth what I paid... I get that.
I had an idea of what I want to do. I’d just like to bounce if off the old sounding board.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.