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Old 05-31-2006, 06:57 PM
Duchesse Duchesse is offline
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Default Re: Picking Stocks like Gambling?

Quote:
Originally Posted by WellManicuredMan
If you are only going to be conservative and don't gain or lose a lot, then wouldn't it be easier to buy an index fund or one of those life cycle / target retirement funds from T Rowe. Price, Vanguard, and Fidelity? I really like Vanguard's Target 2045 fund.

According to most finanacial advisors, at my age my portfolio should consist of at least 50% stock and 50% fixed income investments. My portfolio contains less than 20% stocks. Again, I am very nervous about the stock market and believe in taking my time. I don't expect to, but if I lose every cent I have invested in the stock market, I'm still going to retire on time. If you are ahead of the game you can "go on like a turtle."
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