No. of Recommendations: 2
Welcome zorba. Glad you could join us.

Fools generally believe you should be 100% in equities at your age. Hence the core investment is an S&P 500 Index fund, especially a low expense ratio one like Vanguard 500 Index fund. However, some do prefer Vanguard Total Market for its somewhat better performance numbers.

As you gain experience, most move into individual stocks as they learn to spot good ones. Holding costs are lower than with mutual funds. They can do better.

To improve performance some like to pick out hot sector funds from time to time. Tech stocks continues to have good growth potential, but recent results have been spotty. Gold funds have done well for the last few years (and will while interest rates are low and the dollar is weak).

Opportunities you spot from your own business experience can be excellent. Peter Lynch led Magellan to great results simply investing in new trends his teen age daughters spotted in the local mall. Similar strategies can still work, though Magellan seems to have lost its touch.

A magical well managed fund or professionally managed account that does a very good job watching out for your interests can be hard to beat. Most seem to disappoint compared to that standard. Most of us find it more profitable to keep a hands on approach. If you consider other funds, be careful to look them up on, check out their loads, expense ratios, 12b-1 fees, and especially their performance over time compared to the indexes and compared to other funds in that class.

Various professionals can help you manage your investments. Most are pricey, but good ones could be worth what you pay them. Investigate carefully before you decide.

I would suggest that you try it on your own for say five years. Then see if your own investment choices have met your goals. If not, there is still time to seek out professional assistance.

Best of luck to you.
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