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View Poll Results: How are your investment positioned? | |||
More aggressive than usual |
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4 | 44.44% |
Same as always |
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3 | 33.33% |
More defensive than usual |
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0 | 0% |
Don't know, the drawing isn't until Wednesday |
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2 | 22.22% |
Voters: 9. You may not vote on this poll |
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#1 | |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
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Quote:
![]() it is generally an income oriented large cap fund. Think of all the company names you know and you'll find most of them in there. You've got the right idea on diversification so good job. It is almost text book. Only a couple questions to think about. How long before you retire? Over the long term do stocks or bonds outperform? Is there a fund in your portfolio that might drag you down over longer periods of time? What percentage of the most profitable companies are domestic? What effect does a falling dollar have on domestic/foreign investments? What percentage of your holdings are domestic? There is no right or wrong answer, just something to think about. BTW, that bond fund is a good one that I have used with many of my clients.
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Getting knocked down is no sin, it's not getting back up that's the sin |
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#2 |
™
Join Date: Jul 2003
Location: Arlington, VA
Posts: 27,717
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#3 |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
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it is in the long term. i haven't looked at it lately, but it is built for stability. unless the management team has changed i see no reason why that should change.
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Getting knocked down is no sin, it's not getting back up that's the sin |
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#4 |
Abhorrent Aberrant
Join Date: Mar 2003
Posts: 27
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So I'm 29 now an this is my retirement plan so far... If, by the age of 60, Armageddon has not happened, there is no zombie breakout, I've not been gunned down behind my bar, or turned into road paste by a cager on a cell phone, I'm kinda screwed. I ask any finance savvy folk, when is too late? An what is a solid simple plan for someone with a... variable income? Humor my ignorance.
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#5 |
™
Join Date: Jul 2003
Location: Arlington, VA
Posts: 27,717
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The sooner you start, the easier it is.
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#6 |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
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yesterday would have been better than today which is definitely better than tomorrow. You're only 29 and you'll be working for another 30 years. Start socking what you can away now. If self employed ask an advisor about SEP IRA's. A nice balanced fund would be a good place to start.
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Getting knocked down is no sin, it's not getting back up that's the sin |
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