http://www.thesimpledollar.com/2007/01/10/musings-on-diversifying-my-portfolio/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 19:22:21 -0800 http://wordpress.org/?v=2.8.4 hourly 1 http://www.thesimpledollar.com/2007/01/10/musings-on-diversifying-my-portfolio/comment-page-1/#comment-3354 eFIPO.com » Mutual “Fun”d Wed, 17 Jan 2007 13:45:05 +0000 http://www.thesimpledollar.com/2007/01/10/musings-on-diversifying-my-portfolio/#comment-3354 [...] Fun is usually never in the same sentence as mutual fund. Trust me - making steady money on a yearly basis doesn’t light up a room at a party. Mutual funds are, for most people, the best way to invest money. Whether you’re a young risky investor or a conservative “old timer”, mutual funds are a pretty safe retirement vehicle. You must stash away enough money for a mutual fund to grow over time by either depositing a yearly lump sum or dollar cost averaging monthly. I know everyone tells you to start as early as possible, which is totally true, but there are many other factors you must think about before you select your fund. [...] [...] Fun is usually never in the same sentence as mutual fund. Trust me – making steady money on a yearly basis doesn’t light up a room at a party. Mutual funds are, for most people, the best way to invest money. Whether you’re a young risky investor or a conservative “old timer”, mutual funds are a pretty safe retirement vehicle. You must stash away enough money for a mutual fund to grow over time by either depositing a yearly lump sum or dollar cost averaging monthly. I know everyone tells you to start as early as possible, which is totally true, but there are many other factors you must think about before you select your fund. [...]

]]> http://www.thesimpledollar.com/2007/01/10/musings-on-diversifying-my-portfolio/comment-page-1/#comment-2920 Lazy Man and Money Thu, 11 Jan 2007 06:19:24 +0000 http://www.thesimpledollar.com/2007/01/10/musings-on-diversifying-my-portfolio/#comment-2920 As long as you are saving up to make a big purchase at once, have you thought of going with ETFs? Not that Vanguard is lacking in any way, but there are quite a few options of low expense ratio funds. Some are narrow sector plays, but others can be a mainstay in your portfolio. Combined with something like Zecco to limit commissions and it might work out well for you. In fact with Zecco, you could buy in throughout the year instead of saving up. As long as you are saving up to make a big purchase at once, have you thought of going with ETFs? Not that Vanguard is lacking in any way, but there are quite a few options of low expense ratio funds. Some are narrow sector plays, but others can be a mainstay in your portfolio. Combined with something like Zecco to limit commissions and it might work out well for you. In fact with Zecco, you could buy in throughout the year instead of saving up.

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