Here's an article from USA Today's mutual fund columnist John Waggoner where he gives some thoughts and insights on investment diversification. Towards the end of the piece he gets to the bottom line:
Your best bet, keep the bulk of your investments in two or three low-cost index funds.
He's my man! He must have read this post. ;-)
I've documented several times why I like index funds, so I won't cover those again. But since I love it when others recommend them too, I just couldn't resist sharing this with everyone. ;-)
Not a huge fan of index funds, but I'm glad it works for some people. Keep doing what works for you.
-limeade
Posted by: limeade | April 11, 2007 at 08:38 PM