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re: American Funds - Retirement Advice
Posted on 12/9/12 at 8:46 pm to Janky
Posted on 12/9/12 at 8:46 pm to Janky
The form allows for 8. However, the non-financial professional giving me all of my forms specifically said 3. I will check on that tomorrow. Target date funds are also available.
That said, how many funds do you think would be ideal? It didn't even occur to me that I would need to highly diversify highly diversified funds
That said, how many funds do you think would be ideal? It didn't even occur to me that I would need to highly diversify highly diversified funds
This post was edited on 12/9/12 at 8:52 pm
1
Posted on 12/9/12 at 8:59 pm to Joshjrn
Target date is probably the way to go. The basic funds are not that diversified. Therefore, you would need several to cover your bases. To start out 3 might work, but as your account gets bigger greater diversification would be better.
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