The question; where should one invest for retirement income.
Growth mutual funds ? Stocks bonds, I would love to manage my own portfolio. Looking for any advise .
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Thank you all for the advise, I have a coworker that I told him of this site. He had a question that I couldn't answer " let's ask these smart investors". He is looking at going with someone that will charge 1.4 on his nest egg.
I thought that was high but I believe it's the average. So he was asking if you self manage yourself what do you get into that's not so risky that you can make over 4 or 5 %
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Good advice.To be honest, you sound like someone who needs to get yourself educated about basic investing before making any move. By asking about "Growth mutual funds" you have probably been reading Dave Ramsey, who is excellent on debt reduction and lousy on investment advice. You sound to me like the perfect candidate for a Target Date Fund. Read what those are so that you have basic awareness, then set it and forget it and go back to your life.
To be honest, you sound like someone who needs to get yourself educated about basic investing before making any move. By asking about "Growth mutual funds" you have probably been reading Dave Ramsey, who is excellent on debt reduction and lousy on investment advice. You sound to me like the perfect candidate for a Target Date Fund. Read what those are so that you have basic awareness, then set it and forget it and go back to your life.
The first Active/Passive Barometer report, which looks at fund results over the one-, three-, five- and 10-year periods through 2014, found that actively managed funds have generally underperformed their passive counterparts, especially over longer time horizons. The active funds have also experienced higher mortality rates, meaning that many have merged or closed, Morningstar says. ...
“More than anything, fees matter,” says Mr. Johnson. Even among lower-cost funds, those in the lowest quartile performed better than those in the next-higher cost quartile, he says.
Rodi typed a dirty word, Rodi typed a dirty word...magic/***** pocus/complicated.
Rodi typed a dirty word, Rodi typed a dirty word...