While googling around, avoiding politics, I found this article. As they say in Minnesota, it's not half bad:
http://money.cnn.com/2006/10/16/pf/easyway_25rules.moneymag/index.htm?postversion=2006101916
A few of the rules:
6. All else being equal, the best place to invest is a 401(k). Once you've earned the full company match, max out a Roth IRA. Still have money to invest? Put more in your 401(k) or a traditional IRA.
7. To figure out what percentage of your money should be in stocks, subtract your age from 120.
8. Invest no more than 10% of your portfolio in your company stock - or any single company's stock, for that matter.
9. The most you should pay in annual fees for a mutual fund is 1% for a large-company stock fund, 1.3% for any other type of stock fund and 0.6% for a U.S. bond fund.
10. Aim to build a retirement nest egg that is 25 times the annual investment income you need. So if you want $40,000 a year to supplement Social Security and a pension, you must save $1 million.
11. If you don't understand how an investment works, don't buy it.
http://money.cnn.com/2006/10/16/pf/easyway_25rules.moneymag/index.htm?postversion=2006101916
A few of the rules:
6. All else being equal, the best place to invest is a 401(k). Once you've earned the full company match, max out a Roth IRA. Still have money to invest? Put more in your 401(k) or a traditional IRA.
7. To figure out what percentage of your money should be in stocks, subtract your age from 120.
8. Invest no more than 10% of your portfolio in your company stock - or any single company's stock, for that matter.
9. The most you should pay in annual fees for a mutual fund is 1% for a large-company stock fund, 1.3% for any other type of stock fund and 0.6% for a U.S. bond fund.
10. Aim to build a retirement nest egg that is 25 times the annual investment income you need. So if you want $40,000 a year to supplement Social Security and a pension, you must save $1 million.
11. If you don't understand how an investment works, don't buy it.