Hello from the midwest. 29 y.o. here, just looking for ways to be more frugal with my spending. Will be lurking mostly, as I have some savings to invest but very conservative in investment style. Looking for a well-balanced mutual fund that will offer steady income (Vanguard?) and that I won't freak out about if the DOW drops 500 pts. I have had money invested in mutual funds before but freaked out both during the dip in 2008 and also in July of last year, as a result of the debt ceiling debate, worries about a downgrade of US debt, etc. I really freak out when the market shows uncertainty on an uncharted level, such as "We've never had this crisis before...." I really want to keep my funds in one place without worrying constantly or moving it around on a whim and thus losing money during unexpected rallies.
Anyway, any advice would be great considering my relative intolerance for risk but desire to invest in a solid, well-balanced mutual fund. Thanks in advance
Anyway, any advice would be great considering my relative intolerance for risk but desire to invest in a solid, well-balanced mutual fund. Thanks in advance
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