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Author: walkie74 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25223  
Subject: Re: The New Retirement "Expert" Date: 7/13/2001 1:57 PM
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Paul, you are the Man! Here I was, having problems trying to figure out if the equity index I'd just invested in was a stock equity index or just an index fund. I tried calling the company, but the lady there couldn't help me. But you helped me break it down with this statement: " I almost always say to put 100% into the equity index fund (Typically the S&P. There is a NASQAD 100 index fund that I suggest COULD be a second investment option). Most of them are 15+ years away from retirement and don't want to have to diversify their portfolios, reallocate their assets or generally pay much attention to their investments. Thus the S&P index fund is the best for them."

I quickly looked at my investment options and noted that the equity index option is described as "Growth and income from the stocks of the S&P 500". And at 26, I have a good, long time to invest before retirement. So I think I made the right decision. Thanks for the help!

Shavon, brand new at this investing thing
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