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I recently received a request from a reader of my books asking if I gave investing seminars. I told him I didn’t because sound investing is so simple it didn’t require a seminar to learn about it.
Many Americans would be well-served by investing in just one low-cost index fund. Here are some suggestions:
- Vanguard’s Target Date Funds. Select the fund with the year in its name closest to the year when you plan to retire.
- Vanguard’s LifeStrategy Funds. Select the fund with the asset allocation consistent with your tolerance for risk.
These funds are broadly diversified, don’t require any rebalancing and are extremely low cost.
I’m not suggesting they are right for everyone, but you should consider whether they might be a good choice for you. If they are, investing for you will be very simple.
There are many problems with adjusting your portfolio based on predictions about the future conduct of our new president. In order to do so with any probability of success, here’s what you would have to know…Read More
Tweets Worth Sharing
- Most actively managed funds underperform their benchmark. Why listen to these fund managers?”
- Predictions of this nature are unreliable and irresponsible.
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