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| Investment Advice: IRA, bonds, etc Posted by BUSCH Ok so I'm 25 working for my family business which I hope to some day fully own (which is part of my investment) but now it's time for me to start investing/planning for the long term.  on 12/30 at 6:16 amI'm thinking ab an IRA (traditional) and maybe some municipal bond(s) for the short term. Would the experts say I'm doing the right thing or should I consider putting my money elsewhere?? Thanks! This post was edited on 12/30 at 6:22 am Reply • Back to Top |
| Just find a good advisor that can cruise around and find the best options. This post was edited on 12/30 at 5:09 pm Reply • Back to Top |
| Ahh iswydt Reply • Back to Top |
| At age 25 you need to go aggressive. Muni bonds are for the old folks. Reply • Back to Top |
| In general, I have 3 types of mutual funds: Equity (90% of better in the stock market); Balanced (example is 60% equity and 40 % fixed); and Fixed Income (bonds - muni, high yield, investment grade, etc) Here are my Equity MF's - FLPSX, VDAIX, VFIAX, VEIPX, VGHAX, VDIGX. Also looking at Smead Value (SMVLX) and VHDYX. Or you could buy stocks straight up. I have GE, which has been described as a mutual fund. I was burned by financial stocks I bought in 2/08, so I have been moving toward in MF's. Reply • Back to Top • Refresh |
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