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|Subject: Re: Hire a professional||Date: 8/30/2004 3:27 PM|
|Author: lifeforcedanceri||Number: 32878 of 46911|
Seriously, buy and hold is true if you hold over twenty years, but how many people can do that? You need a manager to buy and sell without unnecessarily churning. That leaves reputable mutual fund managers like at Vanguard or your own honest personal manager find.
Real estate is good simply because people tend to hold on to it long term.
I used to be a poster at the Gorilla Game, but the bursting of the bubble proved that was nonsense.
Some of us can fix sinks, but many are ahead to hire a plumber before they make the problem worse.
Back to business, what mutual funds do people here like? VPMCX and VGHCX have been successful in the past. VSEQX, VIMSX and VIPSX look interesting.
I realize you have to hold mutual funds five years at least to make real money, but they are on auto pilot after that if you selected wisely.
Which funds do you think are worth considering?
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