What should a single 28-year-old with no debt be monetarily invested in?
Asked by
picklez (
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)
November 17th, 2006
Specific funds, portfolio diversification recommendations and stuff like that are welcome answers. Or just tell me whether or not I should buy more bling.
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17 Answers
Assuming you don't have a big purchase in the next few years (like a house), you should have an index fund.
According to the Motley Fool (excellent source for financial info), simple index funds (which is basically just an unmanaged group of stock) outperform 80% of mutual funds
If you decide to go the managed route, there's a nice variety of green funds that perform well and are aggressive...
You probably want some diversity, too. Like 50% index fund, 20% real estate fund, 20% international fund, 10% bonds...
Also, heed benjwitz: Ethics are important too.
Equities. A brought index fund with low fees is a great way to go. Check out Vanguard's S&P 500 funds.
if you're looking for 15% a year for the next ten years just put all yout money in Pepsi> Thats probably the easiest/ safest way to make a 15% return a year. Stock symbol PEP
unless pepsi has some sorta scandal.
ya, unless they have a scandal, then it won't be 15% a year
Yes!
Ben is correct.
Vanguard has very low fees and a useful on-line questionnaire where you can check out things like time-line, risk tolerance, etc. 5 or 6 fund suggestions will show up. www.vanguard.com. Dangerous to put all yr money into one stock (and besides, Pepsi rots yr teeth.)Balance, as Ben said, is the way to go.
I took an online course w. Motley and got into trouble so I would tread cautiously.
diversify... I hear people say that word all the time.
All the above is well and good, but when it comes down to it.. you should just buy a bunch of Google, and stick it out. :)
Forget Google I remember noting when Berkshire Hathaway was listed at $3000/share and wondering who would be stupid enough to buy that. Closed over $100,000/share (that's correct...five zeros) a few weeks ago.
when do we get to buy stock in fluther?
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