The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: So many ports, so little time||Date: 11/20/1999 8:13 AM|
|Author: messerb||Number: 15525 of 77150|
I would like to finalize my purchases by Dec.31, so based on your recommendations and the book purchasing and reading required to get me up to speed, I need to get a move on! Any input as to portfolio allocation would be MOST appreciated.
If you want to act by Dec 31, I would recommend putting 1/3 of your funds into the RP4 and the remaining 2/3 into an index fund(s) (e.g., SPY and/or QQQ) until you have studied more.
I agree with BassAttack. Once you've done your homework at the Foolish Workshop, you could then move the 2/3 from the index funds to one or more of the mechanical screens. That way, you're funds are growing at market rates and you can take as long as you need to get comfortable with the mechanical screens. The Foolish Workshop board can be found at:
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|