Your "office" chair

Discussion in 'Ask An Owner Operator' started by deepvalue, Oct 10, 2012.

  1. deepvalue

    deepvalue Bobtail Member

    6
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    Oct 10, 2012
    St Louis, MO
    0
    Well CondoCruiser, there is no one fund that is appropriate for everyone.
    It depends on your personal, financial situation; your goals; your tolerance for dramatic changes in daily values (both up and down).
    But if I were starting out building an investment portfolio, I would pick an index fund.
    It would give you great diversification - spread your bets among 100s of companies,
    and it would be cheap - annual fees and commissions would be low.
    I'd probably start with either a fund that trades on the NYSE called a Spider (ticker: SPY) that tracks the S&P 500, or a Vanguard S&P 500 fund.
    If you've got a more specific situation or question, I'd be happy to share more comments with you.
    Now, what was your favorite truck seat?
     
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