Wednesday, March 23, 2011

FundAdvice: Sound Retirement Investing Advice

MyPlanIQ submits:

One of the most glaring holes in our education system is retirement investing. Much is said about day trading and the high wire acts of Hedge Funds. Retirement investing is a long term proposition and is similar to looking after your health ? do what is sensible and have occasional checkups that become more frequent as you age. Boomers are getting to retirement age without sufficient funds and the group behind them are faring no better. As social security and other retirement schemes are under increasing pressure with debt and inflation, we are simply going to have to be more active in our own retirement plans. Nobody cares about your retirement investments as much as you do.

A simple portfolio of six ETFs (one fund for each of six different classes), all index funds, with no fancy management has over a five year period of buy and hold investing returned


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