Easiest best advise I got without having to do a lot of homework:
Vanguard is a good Mutual Fund company (no load, redemption fees and other fees very low). Just go with a stock index. S and P 500 and let it ride. Put the same affordable amount in every month, thus you buy more stock at low prices, less stock at high prices. This is the basic advice for someone who does have time to play around and wants decent reward.
Very basic risk reward strategy. You spread yourself out with an index fund. Might want to do this with a bond fund also, for a bit more diversification. I am not a fan of hitting the homerun and striking out. Singles up the middle.
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12-09-2007, 08:53 PM
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