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re: mutual funds that invest in mutual funds...
Posted on 1/7/13 at 10:15 am to Vols&Shaft83
Posted on 1/7/13 at 10:15 am to Vols&Shaft83
I'm only 31 and can tolerate risk relatively well. I just know that I don't have the time needed to really research specific sectors/holdings needed to properly invest in specific mutual funds or stocks, so the one-stop-shop of allocation funds fit what I'm looking for.
1
Posted on 1/7/13 at 10:41 am to The Hamburglar
quote:
I'm only 31 and can tolerate risk relatively well. I just know that I don't have the time needed to really research specific sectors/holdings needed to properly invest in specific mutual funds or stocks, so the one-stop-shop of allocation funds fit what I'm looking for.
Nothing wrong with that at all, in that case I'd look for fund categories that are labeled "Balanced" or "Blend". My personal opinion on Target Date funds is that they eat returns away with unnecessary fees and expenses.
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