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Tuesday, June 24, 2008

No Need to Read Any More Money Magazine Articles About Mutual Funds

In an article entitled The Only 7 Investments You Need , one is a money market fund. Of the other six consisting of 2 bond funds and 5 equity funds 5 are index funds the exceptions being the vanguard inflation protected bond fund (pretty close to an index fund) and one actively managed equity fund (T Rowe Price New Horizons) a smal cap fund. And in the 2 categories where the active funds are recommended as first choice (inflation protected bonds and small cap stocks), index funds or etfs are the recommended alternatives.

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