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re: Buying more of a mutual fund?

Posted on 2/12/13 at 1:09 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39622 posts
Posted on 2/12/13 at 1:09 pm to
quote:

It absolutely encourages risky behavior. The point of fund investing is to diversify and to buy and hold. And while I like ETF's for trading purposes or short term investing, they aren't part of my Roth or SEPP or any long term investments.


Ah ok, I figured I might have missed something else with them.

They do have the benefit of not having minimum investments to get started as well which is another advantage over funds, but I agree that some people won't be able to control themselves.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 2/12/13 at 2:58 pm to
Opened an account with Vanguard directly and will transfer my roth there.
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