A resource for debunking the investments myths peddled by the financial press and Wall Street hype and presenting rational,sensible investing approaches based on sound research and academic findings. This blog is maintained by Lawrence Weinman MBA an independent Registered Investment Advisor www.lweinmanadvisor1.com
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment